Compliance Controller - Home based

Our client is a rapidly expanding Insurance business who are going through a period of growth and are making a significant impact across the market. An exciting opportunity has arisen to join the firm in the role of Compliance Officer. The Compliance team plays a critical role in protecting the assets, reputation, and sustainability of the Group. As the Compliance Officer you will have the opportunity to develop and manage a risk-based compliance programme across all group companies, ensuring the group have an efficient and operational governance, risk and compliance framework.

Key Responsibilities –

• Lead on operational implementation of legislation and regulation, subsequently monitoring adherence.
• Operate the Compliance Monitoring Programme, ensuring all activities are fulfilled correctly and on time.
• Provide operational compliance advice/approval to business functions in efficient and effective manner, ensuring the operational activity in question is understood fully before providing advice. Keeping detailed records of all compliance approvals provided.
• Support an environment that balances innovation and compliance to result in a can-do culture.
• Identify compliance and risk issues and provide solutions in a timely manner.
• Be a key contact for staff who act as the first line of defence engagement to guide on conduct risk and compliance issues.
• Regularly review existing products, services and related materials.
• Ensuring that all staff are aware of, and comply with, the firm’s own procedures and all relevant FCA requirements in relation to selling practices.
• Ensure appropriate operational controls are in place to manage conduct risk.
• Maintain compliance &/or regulatory policies, procedures and processes to ensure they support the business in satisfying compliance requirements and reflects operations.
• Provide operational updates and MI on compliance matters to senior management regularly.
• Provide high-level compliance operational updates and MI quarterly to the Audit, Risk and Compliance Committee.
• Ensure compliance information is cascaded to all staff and ensure compliance is covered appropriately in the training programme.
• Carry out periodic compliance and thematic reviews of operational activities, included outsourced activities and suppliers.

Experience and Skills –

• Compliance experience within the insurance industry.
• Detailed knowledge of FCA regulations.
• The ability to support and influence colleagues in relation to their compliance and risk responsibilities.
• Experience of performing in and / or leading highly effective teams; identifying / implementing improvements to operating methodologies and inspiring excellent performance.
• Tenacity to investigate areas of concern across all business functions.
• An ability to interpret, understand, maintain and advise the business on a broad range or legal and regulatory issues.