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.

IDEX Consulting are representing a International Reinsurer in London in their search for a Senior Compliance Officer and a Compliance Specialist. The two roles will play a pivotal part in ensuring the company meets all regulatory requirements and industry standards. This role will give you exposure to International businesses and regulations and give you the option to further your career in a jurisdiction of your choice. You will be part of a small but dynamic team that provide advisory and policy services to the business units, this is achieved by commercial and strategic thinking and a passion for the detail in regulation. You will also get significant exposure to Financial Crime and the core principles of Risk Management. The roles will come with leadership expectations and you will be given the opportunity to promote your ideas and push for a 'best in class' compliance policies where you sit. Insurance experience is a must for this role. Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy. Our Diversity, Equity and Inclusion Mission At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

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.