Compliance Role - Lloyds Broker

You will need to be able to cope with a busy work environment dealing with varied tasks throughout the day.

Reporting directly to Head of Risk & Compliance you will be responsible for the following duties:

Assisting in the company’s compliance duties which include:

• Conduct Compliance monitoring and audits of the significant business processes to provide the business with assurance on FCA regulated business areas.
• Ensure compliance requirements are adhered to.
• Monitor, analyse and communicate new regulatory developments and legislation that affect the business and operation of the company and update department’s working papers as necessary.
• Provide guidance/sign off on financial promotions.
• Understand and implement oversight and audit requirements in accordance with SYSC rules.
• Develop and lead the Compliance Plan as agreed by the Board.
• Embed and communicate Lloyd’s requirements as appropriate.
• To support and assist the AML Officer as required.
• Lead projects and develop plans for implementation.
• Help to develop and create internal policies/procedures.
• Manage the breach register and evidence 'end to end’ resolutions.
• Assist the Board of Directors to identify, manage and mitigate risks.
• Liaise with the regulators (i.e FCA) or Lloyds in regards to queries or issues.
• Monitor FCA / Lloyd's publications and evidence action taken or lessons learned or review completed.
• Facilitating Insurer and client audits or reviews (i.e. Lloyd’s Binders etc).
• Collate data and complete filing of various returns to Lloyd's and the FCA as required.
• Attend external training events to enhance own knowledge and/or to assist with future legal/regulatory changes, reporting back to the Board and/or staff as appropriate.
• Reviewing and submitting new clients and insurers for approval
• Preparing the necessary paperwork for approval, conducting sanctions checks & contacting clients and brokers as necessary to obtain outstanding documentation
• Keeping the companies clients & insurers lists up to date
• Reviewing all company procedures & ensuring that these are FCA compliant