Average Compliance Officer salary in West London

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.

Responsibilities: Plan and conduct independent Compliance Monitoring reviews as assigned from the annual plan, in line with the annual Compliance Monitoring plan. This include the ability to lead and/or participate as part of a team in the delivery of risk-based reviews.Review Compliance Monitoring processes to ensure effectiveness and efficiency, making suggestions for improvement where appropriateDevelop and maintain effective business relationships and partnerships with areas subject to review, to ensure mutual understanding of review scope, procedure and reporting approach.Keep abreast of regulatory developments to ensure test scripts reflect the current regulatory requirements Key Skills & Experience: Experience and knowledge in the FCA and PRA rules, i.e. CONC, MCOBUnderstanding of governance and control frameworksGood knowledge of regulatory framework in the financial servicesDegree or equivalent professional qualificationHighly organised and methodical with an ability to see projects through to completion

An established lending operation based in smart City offices are keen to appoint an experienced Compliance Officer. The role To assist the Head of Compliance in ensuring due regulatory compliance, by carrying out regular compliance review of the firm’s policies and processes as well as audit of customer files/ calls, as per the Compliance and Conduct plan.To help the Head of Compliance in ensuring due Governance, Risk and Compliance controls including attendance at the Exec/Board meetings to present periodic compliance reports.Liaise with T&C Administrator to ensure delivery of the staff training in accordance with the firm’s Training & Competence policy. Key Responsibilities: Assist the Head of Compliance in carrying out periodic review of the firm’s policies, procedures, and controls to ensure regulatory compliance.Preparing compliance monitoring reports, in conjunction with the Compliance Officer for presentation to the Executive Committee/ BoardWork with the other members of the Compliance Team to ensure on-going file audit and call review in accordance with risk-based Compliance Monitoring Plan.Collation and updating of the compliance/conduct related management informationDeal with customer complaints, in conjunction with other members of Compliance team, in line with the regulatory provisions and the firm’s policy with guidanceAssist the Head of Compliance with regulatory reporting.Supervise the running of Training & Competence programme by the Training AdministratorAny other related duties or responsibilities assigned by the Head of Compliance. The role is offered on a full time basis with 4 days in the office and 1 day working from home. For full details of the package, please apply in confidence.