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Compliance Monitoring Specialist

Compliance Monitoring Specialist

Posted 26 March by Red Jacket Recruitment Ended

Reports to: Compliance Manager

Principal Responsibilities:

  • To lead / or support in the undertaking in respect of the Technical Monitoringreviews or the performance of the annual Compliance Assurance Monitoringplans and ad-hoc reviews.
  • To identify via monitoring reviews any areas of non-compliance of relevantregulations and internal policy and report accordingly.
  • Conduct / or support review meetings with managers to provide any findings ofnon-compliance in a pragmatic and collaborative way.
  • Engage and challenge the business when discussing monitoring issues andeffectively influence change where appropriate.
  • Draft compliance reports highlighting relevant findings andrecommendations in a timely manner to all key stakeholders.
  • Support the business in developing and implementing relevant action plansto mitigate re-occurrence of non-compliance issues identified via theRepresent Compliance Monitoring at relevant company committees.
  • Participate with the business to ensure that identified issues are adequatelyaddressed within appropriate timeframes and ensure escalation to theCompliance Manager where this is not happening.
  • Collate Compliance Monitoring MI to be presented at Committees and/orManagers Meetings.
  • Maintain internal compliance monitoring process documents, proceduresand records.
  • Provide support and perform other functions as may be assigned by theCompliance Manager and management.
  • Establish effective relationships with the business to facilitate a robust and positive compliance culture whilst supporting the commercial objectives.
  • Maintain level of regulatory and industry knowledge, responsible for own CPD.
  • Any other duties consistent with the role as requested by the Compliance

Required Skills, Qualifications & Experience:

  • Minimum 2 years’ experience in a FCA regulated environment role withCompliance experience.
  • Strong working knowledge of the bespoke FCA rules applicable to Insurancea strong focus on fair customer outcomes;
  • Knowledge of DPA legislation, insurance distribution rules, complainthandling
  • Excellent verbal and written communication skills particularly in regards toreport writing;
  • Excellent time management skills;
  • Ability to work independently on own initiative;
  • Strong multi-tasking abilities;
  • Proficient in Excel and Word;
  • Flexible and able to quickly adapt to change.
  • Willingness to travel within 35-mile radius of site (Second site whenrequired)


  • Compliance focussed Financial Services related qualification
  • Degree level of education

Required skills

  • Compliance
  • Financial Services
  • Insurance
  • Legislation
  • Reports

Reference: 34464138

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