Job purpose The Compliance Analyst role is designed to support the Senior Compliance Officer / Data Compliance Officer to execute the compliance / data protection program and support other colleagues and the Chief Legal & Compliance Officer in applying the framework.
This role is based in the London office and will support all aspects of compliance for in conjunction with Group Compliance.
This role reports into UK Senior Compliance Officer.
Regulatory Requirements The roleholder will have be obliged to follow all company policies to meet regulatory requirements.
Key Responsibilities To provide expertise on a wide range of UK related compliance and data protection matters To support the Senior Compliance Officer in responding proactively to all upcoming UK regulatory changes To advise the Company and Group (including relevant Boards / Committees), Group Legal and Compliance, Senior Managers and other key stakeholders on the impact of regulatory changes To support, as required, implementation of appropriate responses to any regulatory changes in the UK Support the oversight the embedding and evidencing of compliance with existing key regulatory imperatives including but not limited to SMCR, IDD, GDPR in conjunction with Group Compliance Support the maintenance of the regulatory library and communicate updates to management and relevant staff including through the provision of scheduled and ad-hoc training as required Support the KYC and TOBA process in respect of the UK operation Support the sanctions screening process in conjunction with Group Compliance Provide technical advice to management, staff and the Board on compliance matters Support input to key UK and Group management committees including the Delegated Authority Committee and Product Oversight Group.
Involvement in consideration and onboarding of new coverholders, onsite / direct work with Delegated Authorities / Coverholders and development of related management information Support the Complaints Management Process in respect of UK originated business, maintain appropriate records and reporting and operate as the primary contact Key Attributes & Professional Qualifications A university degree in Accounting, Finance, Risk Management, Business or law Minimum of 2-3 years' experience in a similar or relevant role preferably in the insurance sector Self-starter, capable of working under minimum supervision Strong problem-solving ability Adept to multi-tasking and meeting deadlines in high-pressure environment Results oriented team player Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.)
and develop well-reasoned recommendations Strong interpersonal and verbal/written communication skills Strong documentation skills to clearly articulate Alert disposition Adherence to controls and standards Dealing with external parties like Auditors, brokers, etc.
Personal Characteristics The successful candidate will demonstrate an ability to work with colleagues across the Group.
The organisation is built on a sound governance structure, with good risk management and a focus on transacting profitable business so the successful candidate will feel comfortable operating in a merit based, transparent, dynamic and vibrant organisation with a broad range of nationalities and cultures.
The successful candidate will understand the need to adapt their influencing style to different stakeholders.
Charismatic, intellectually rigorous, possessing a good sense of humour and ability to build relationships with empathy are important attributes.