Head of Group Compliance

A unique opportunity as the Head of Group Compliance has arisen with a large intermediary whose head office is situated near Farnham. The Head of Group Compliance, in conjunction with their team, will be responsible for the establishment and maintenance of effective best practices which promote a commitment to compliance with the company standards and any other relevant regulatory requirements. The job holder will be part of and work with other members of the Compliance & Risk Senior Management Team and the Compliance Director to achieve business and regulatory objectives.

The primary focus of this role will be to lead the Group Compliance Function which is responsible for;

• Establishing written guidance to staff on the appropriate implementation of the rules and standards through policies and procedures and other documents such as guides or training
• Assessing the appropriateness of internal procedures and guidelines, promptly following up any identified deficiencies in the policies and procedures and, where necessary, formulating proposals for amendments
• Monitoring compliance with the policy by performing regular and comprehensive compliance risk assessment and testing, and reporting on a regular basis to senior management, and if necessary, the board or a committee of the board, on compliance matters
• Advising management on the applicable rules and standards, including keeping up-to-date with developments in all applicable rules and standards and advising management accordingly
• Exercising any specific statutory responsibilities (e.g. Data Controller)
• Acting as a expert and principal contact point within the Company for Compliance Officer’s queries from management and staff members

The role is predominantly office based but can include travel to any Company Group office as required.

Experience and Knowledge

• 5 years experience in a regulatory environment
• A good understanding of the Insurance Broking Market
• Previous Experience of implementing new procedures and regulations