Compliance Officer

A market leading Lloyd's Insurance company is seeking a dedicated Compliance Officer to join their team.

This role offers a unique chance to contribute to a leading organisation within the Lloyd's market, ensuring that operations align with both internal policies and external legal requirements.

Why This Role Stands Out:

* Professional Growth: Engage with a dynamic team and gain exposure to a wide range of compliance activities within the Lloyd's market.
* Impactful Work: Play a pivotal role in maintaining and implementing compliance policies, ensuring the organisation meets its regulatory obligations.
* Collaborative Environment: Work closely with colleagues at all levels, promoting a compliance-aware culture across the organisation

Key Responsibilities:
* Maintain and implement compliance-owned group policies and procedures.
* Ensure effective compliance practices are adhered to
* Communicate regulatory updates and developments to staff in a timely manner.
* Handle sanctions screening, Know Your Customer (KYC) due diligence checks, and financial crime enquiries.
* Participate in regulatory reviews and compliance monitoring activities.
* Promote a strong compliance culture and ensure adherence to regulatory requirements.

Essential Skills and Experience:
* Proven experience within a Lloyd's market compliance function.
* Knowledge of general insurance lines of business and relevant regulatory requirements.
* Familiarity with Lloyd's Principles for doing Business, particularly regarding customer outcomes, financial crime, and culture.
* Understanding of the operating model of Lloyd's of Europe and associated regulatory obligations.
* Strong communication skills and the ability to collaborate effectively with colleagues at all levels.

Qualifications and Expertise:
* Knowledge of AML/CFT and the impact of sanctions on insurance.
* Experience preparing regulatory returns for Lloyd's of London and Lloyd's of Europe.
* Ability to interpret and communicate Lloyd's Business Timetable requirements and Bulletins.