MERJE Merseyside, England, United Kingdom
Base pay range
Our client is a rapidly expanding Insurance business who are going through a period of growth and are making a significant impact across the market. An exciting opportunity has arisen to join the firm in the role of Compliance Controller.
The Compliance team plays a critical role in protecting the assets, reputation, and sustainability of the Group. As the Compliance Controller you will have the opportunity to develop and manage a risk-based compliance programme across all group companies, ensuring the group have an efficient and operational governance, risk and compliance framework.
Main Responsibilities:
* Lead on operational implementation of legislation and regulation, subsequently monitoring adherence.
* Operate the Compliance Monitoring Programme, ensuring all activities are fulfilled correctly and on time.
* Provide operational compliance advice/approval to business functions in an efficient and effective manner, ensuring the operational activity in question is understood fully before providing advice. Keeping detailed records of all compliance approvals provided.
* Support an environment that balances innovation and compliance to result in a can-do culture.
* Identify compliance and risk issues and provide solutions in a timely manner.
* Be a key contact for staff who act as the first line of defence engagement to guide on conduct risk and compliance issues.
* Regularly review existing products, services and related materials.
* Ensuring that all staff are aware of, and comply with, the firm’s own procedures and all relevant FCA requirements in relation to selling practices.
* Ensure appropriate operational controls are in place to manage conduct risk.
* Maintain compliance &/or regulatory policies, procedures and processes to ensure they support the business in satisfying compliance requirements and reflect operations.
* Provide operational updates and MI on compliance matters to senior management regularly.
* Provide high-level compliance operational updates and MI quarterly to the Audit, Risk and Compliance Committee.
* Ensure compliance information is cascaded to all staff and ensure compliance is covered appropriately in the training programme.
* Carry out periodic compliance and thematic reviews of operational activities, including outsourced activities and suppliers.
Key Skills & Experience:
* Compliance experience within the insurance industry.
* Detailed knowledge of FCA regulations.
* The ability to support and influence colleagues in relation to their compliance and risk responsibilities.
* Experience of performing in and/or leading highly effective teams; identifying/implementing improvements to operating methodologies and inspiring excellent performance.
* Tenacity to investigate areas of concern across all business functions.
* An ability to interpret, understand, maintain and advise the business on a broad range of legal and regulatory issues.
Seniority level
Associate
Employment type
Full-time
Job function
Finance
Industries
Insurance
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