Compliance Manager
Northamptonshire
Salary up to £65,000
The successful candidate will be reporting to the Managing Director and be part of the Senior Management Team.
This is a newly created role to join an Insurance Broker who have exciting growth plans for the future.
Compliance Framework
Review current policies and procedures in line with regulatory framework to include:-
* Updating Senior Managers and Certification Regime (SMCR) roles & responsibilities
* Updating Regulatory Business Plan
* Update Business Continuity Planning (BCP)
Create annual compliance monitoring plan
* Annually review policies and update versions as and when necessary
* Maintain version control documents
* Conduct checks /audits to ensure policies are being adhered to
* Provide second line of defence checking managers file checks
* Report on findings and provide recommendations for improvements/changes in procedures/policies
Attend compliance webinars to keep up to date with new and changing regulation
Attend Insurer audits if required
Respond to Insurer audit requests
FCA Reporting / Authorisations
As and when required support colleagues processing FCA applications
Maintain a diary for FCA reporting requirements
Complete / support colleagues submitting FCA reporting
Meetings
Attend Monthly Manager /Director Meetings
* Discuss current processes and procedures and highlight any issues
* Discuss up & coming compliance /regulatory changes
* Discuss/Agree any potential changes in procedures/scripts/letters
Consumer Duty
Create reports & Update Consumer Duty Information in line with FCA guidelines
* Not Taken Up (NTU) Cancellation within 14 days
* Retention
* Vulnerable Customers
Add reporting MI to Consumer Duty Information
* File Check Quality
* Staff Training/Competency Hours
* NTU & Cancellation within 14 days
* Breaches
* Insurer Complaints
* GDPR Breaches
* Claims not paid
* Vulnerable customer MI
Annual Consumer Duty Board Report
Collate Data and report with recommendations for Board sign off
Product Governance & Fair Value
* Email Insurers and collate Product Governance and Fair Value questionnaires
* Complete Insurers Product Governance and Fair Value questionnaires
Third Party Suppliers
* Complete Insurer due diligence requests
* Maintain up to date Terms of Business Agreements (TOBA) register
Risk Management
* Identify any potential compliance risks and implement risk management strategies
* Maintain Risk Register and regularly update
For more information please contact:-
Rachel Goodman
07866841336
rachel.goodman@strideresource.com