Average Compliance Officer salary in the UK

This vital Compliance role involves supporting the Group with its responsibilities to comply with Regulatory requirements, internal policies and procedures and meeting the expectations of business partners through due-diligence requests and audits. Indicative of the importance of this role to the business, this is a new and additional role to support the Compliance Manager. As Compliance Officer you will support our rapidly growing Insurance Client who provides underwriting and claims services. It is possible to work on a hybrid basis, balancing between working at home and in the office. There may be a requirement to travel occasionally to other offices in the UK and overseas. The main tasks of the Compliance Officer role include: Identification, monitoring and mitigation of compliance, and data protection risks across the business.Compliance monitoring reviews in accordance with the annual compliance monitoring programme.Audits and risk assessments to help the business understand compliance risk, scope, and significance.Review and provide feedback to the business on breaches and incidents.Support the review, maintenance, and organisation of related compliance policies and ensuring the policies are up to date with the relevant laws.Collaborate with Stakeholders to help create a culture of compliance.Provide real-time compliance advice, with regards to the rules, regulation and internal policies that govern the business.Prepare compliance related Management Information for Senior Management.Undertake business reviews to determine compliance with data protection regulations, data security and other related areas, recommending process improvements.Draft and review data protection-related documents and contracts, as required.Provide knowledge and understanding to train, coach, and support employees on data protection compliance requirements, where required. To be successful as Compliance Officer you will demonstrate: Compliance experience within the Insurance or Financial Services Industry.Good understanding of relevant legislation including the UK GDPR.Ability to simplify and effectively communicate applicable legislation, regulations, and policies.Critical problem solving ability.Excellent verbal and written communication and the ability to challenge at all levels.Ability to build relationships with other Business Units.Strong report writing and presentation skills.

Compliance Officer / Training and Competence Supervisor South Leicestershire (our ref AL1233) Salary £32,000 - £35,000 plus generous benefits inc 10% non cont pension, DIS and parking Consideration may be given to part time hours An office based role, providing Training and Competence supervision and assisting the Senior Compliance Manager for a medium sized, friendly Independent Financial Services company based in South Leicestershire. The role will involve Training and Competence support for a number of Independent Financial Advisers (IFAs) and preparing KPI results to discuss at Training & Competence (T&C) monthly meetings. Experience in wealth management / financial services is essential, along with enthusiasm and commitment in delivering a first-class service to colleagues and helping ensure that they in turn deliver a first-class service to our clients. CII Diploma Level 4 (or equivalent) is a minimum requirement. Responsibilities of the role: Train and coach experienced and new IFAs on the Company Advice process.Observe and provide feedback to advisers using the Company Observation Guide.Support and develop trainee IFAs as requiredCheck trainee advisers’ advice pre-sale, until signed off as per the T&C Scheme.Supervise a team of IFAs with various levels of experience and skills and complete 1-1’s as required.Summarise findings to discuss at monthly Compliance T&C meeting and feedback to the compliance team if areas not meeting standards are identified.Support the Senior Compliance Manager when required.Other special projects of investigation and compliance support when required.Comply with the Financial Services and Markets Act 2000 and the relevant FCA rules at all times.Comply with the relevant compliance, TCF, T&C and, financial crime (anti-money laundering, data security, anti-bribery, fraud and corruption) procedures of the company at all times.Keep up to date with all relevant product, legislative and technical changes, as required. Ideal person, skills and experience: Someone who has worked in a wealth management / financial services organisation and who understands regulations/compliance and ideally has supervised Retail Investment AdvisersA working knowledge of Microsoft Word, Excel and Outlook with the ability to get to grips with what might be an unfamiliar software package e.g., the Companys back-office system (X Plan) and Risk Profiling Tools.Well-presented, self-motivated and organised, with a good work ethic.Will take personal responsibility for the quality and timeliness of work and can achieve results with minimal supervision.Able to stay focused on tasks, despite distractions and interruptions.Be an integral part of the team - a good communicator, willing to input new ideas and suggestions to improve process.Flexible in their approach to work and processes. The right candidate should be able to adapt/evolve as working practices change.Diploma level 4 qualified. If this role is of interest, please apply with an up to date CV. We aim to respond to all applications within 10 days. By submitting your CV you consent to it being retained for use in connection with this and future relevant and/or similar vacancies, you can of course, opt out of this at any time by emailing us. Full Privacy Notice can be found on our website.

Job Title: Compliance Officer Location: Fleet with hybrid working post probation Salary: Up to £35,000 Hours: Monday to Friday 9am-5pm Benefits: 25 days annual leave plus bank holidaysHoliday buy scheme11% non-contributory pension schemePrivate Medical InsuranceLife Assurance 4x basic annual salaryCompany sick payIncome protection at 75% salaryEnhanced pay for Maternity and PaternityAnnual Discretionary bonus scheme About the role Compliance Officer We have a great new opportunity for a Compliance officer, part of a small but growing team of 3, part of the wider legal and compliance function. This is a superb opportunity for an ambitious individual, with a keen interest in developing their career and study professional qualifications. Focusing on carrying out compliance monitoring activities, the successful candidate will support the delivery of the Compliance Monitoring Plan (by carrying out monitoring activities in line with the plan), agree and monitor actions, following the monitoring activity with key stakeholder in the business. You will also be responsible to produce Compliance Monitoring reports following the completion of any monitoring assignments and helping to protect the business from fraudulent activity. Experience gained in a compliance monitoring or exposure to thematic reviews, within the mortgage or financial services sector will be essentials. Responsibilities for the position of Compliance Officer Carrying out monitoring activities in line with the Compliance Monitoring Plan and will include thematic reviews, regular ongoing monitoring activities and ad hoc reviews as and when required.Reporting on progress against the plan and highlighting/escalating any pressing concerns or trends.Support line management in understanding and how to implement any agreed actions following findings of monitoring activitiesMonitoring compliance with regulation, legislation, company policies and proceduresProviding Compliance training as and when requiredAd hoc support to the wider Legal and Compliance Team as and when required.Monitoring activities completed in line with the Compliance Framework and recommended standards.Complete conveyancer and other third party audits in line with agreed plan where requiredHandle internal and external queries and enquiries effectively, accurately, and professionally.Ensure records are updated and maintained in accordance within agreed policy and proceduresWork to agreed objectives, service standards and deliverables whilst adhering to company and departmental policies and proceduresDevelop positive working relationships with colleagues and other departmentsContinually consider improvements for service and efficiency making suggestions on such improvement's through agreed channelsApply all aspects of the desired consumer outcomes of Treating the Customer Fairly (TCF) and the Consumer Duty Experience required for the position of Compliance Officer Compliance monitoring experience or exposure to thematic reviews is essential.Mortgage sector exposure particularly in the buy to let sector is highly desirable, however will consider other regulated financial services backgrounds.Enthusiastic, flexible, and keen to learn and develop a career in Financial ServicesExcellent communication skills both written and verbal are essentialAble to be self-managing in respect of scheduled workloadA willingness to study a relevant professional qualification. For more information regarding the role of Compliance Officer please contact us Stellar Select is acting as an employment agency and is a corporate member of the REC. Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.