Senior Compliance Officer - Wholesale

The opportunity:

The primary purpose of the role is, working closely with the compliance team and the division, ensuring first line controls are designed and effective and in alignment to the business strategy, compliance risk appetite and operational excellence goals.

Our compliance philosophy is about helping our business succeed by navigating regulation to enable opportunities and providing meaningful oversight.

This role provides a great opportunity to develop and grow your career in an exciting and growing business as part of an established global compliance team.

What you'll be doing:

• Providing key support, compliance guidance and advice to the Wholesale division of the client's international insurance operations. This includes oversight and challenge with a solution oriented mindset to help the division navigate its obligations in a sensible way.
• Overseeing and advising the first line on implementation of regulatory change, remediation actions (e.g., from our independent monitoring activities or as arising from internal audits, interactions with regulators or others) and other regulatory compliance matters.
• Supporting business goals e.g., growth projects, new products or distribution, change delivery.
• Supporting and guiding key first line functions on regulatory and Lloyd's requirements. Key relationships would include but not in any way be limited to the Office of the Chief Underwriting Officer, Head of Customer Outcomes, the Operational Resilience team, the Delegated and governance teams.
• Preparing reports for senior management, Boards and Committees.
• Support the compliance risk assessment and assurance planning process.
• Keep up to date with regulation - e.g. attend trade body events or use other methods to ensure we are knowledgeable about strategic impacts of developments in the regulatory system.

Our must-haves:

• Relevant compliance experience in the insurance industry. Strong Lloyd's and London market experience is essential here with an SME grasp of Lloyd's, FCA and PRA rules.
• Have the ability to communicate effectively at all levels within the company with a high degree of professionalism.
• Have strong writing skills in the English and a good grasp of technology to support and automate processes.
• Have passed or be prepared to complete insurance compliance qualifications relevant to the role. Ongoing development is actively encouraged.
• Previous exposure to senior stakeholder management would be beneficial given the need for appropriate communication within the company and timely reporting and resolution of any developing issues

Organisational behaviours

• Demonstrate strong commitment to the organisation, team and role
• Display a proactive approach to duties, committed to striving for high standards and achieving deadlines
• Maintain a high standard of professionalism at all times
• Build and maintain relationships with colleagues
• Be an efficient and effective team member and participate fully to achieve team goals
• Be able to network internally and externally to acquire and implement knowledge
• Possess the initiative to work independently and have the confidence to take responsibility for decisions made, but always to be willing to seek help and guidance where necessary
• Focus on personal development and maintaining levels of knowledge and expertise

Role specific behaviours

• Be able to work independently
• Possess good interpersonal skills, with the ability to work across divisions
• Pay close attention to detail and work in a logical and thorough manner
• Be keen to improve processes and look for ways to improve the compliance framework
• Ensure a high level of integrity and discretion at all times, understanding that they work in an environment where confidentiality and sensitivity must be maintained