Compliance Associate

Rev & Regs are recruiting for a Compliance Associate position for a well-established Reinsurance business in the City of London.

This is a great opportunity to work as part of a specialist Reinsurance compliance team. You will be working for a firm which has great company culture and career progression opportunities.

Responsibilities:

• Support the Head of Compliance with the development and implementation of an annual Compliance Plan. Tracking activities of the compliance resources against deliverables.
• Manage Compliance Projects - preparing deliverables and reporting on progress.
• Prepare all relevant managing information to the Head of Compliance, on all compliance matters.
• Engage with internal stakeholders to find solutions that meet regulatory requirements in line with business objectives.
• Provide regulatory support to divisional directors.
• Work with Central Compliance team on completing the annual fitness and propriety assessments for the SMCR population in scope.
• Be the liaison point between Operations, Finance and Compliance to compile and review quarterly returns to the FCA.
• Work with Compliance Monitoring team, to complete Monitoring / Thematic reviews.
• Work with Sanctions team to facilitate broking teams sanction screening processes, and act as escalation point.
• Respond to Compliance queries from Broking teams.
• Assist in the development of Policies and Procedures.

Experience:

• Good knowledge of FCA requirements relating to reinsurance.
• Strong knowledge of FCA Handbook.
• Minimum 3 years experience working in a second line compliance role within a non-life or reinsurance broker / insurer.
• Strong organisational skills.
• Strong written and verbal communication skills.

Location: Hybrid (2 days per week in City of London office)

Salary: £60,000 pa + bonus + benefits package.

Start: ASAP

If you are interested, please apply today.