To assist the Compliance Manager in ensuring that the business has a robust compliance framework in place which actively identifies, controls and reports on the management of significant regulatory risks.
Assist the Compliance Manager in establishing and maintaining a robust compliance framework (including the oversight of corresponding policies and procedures) which allows the business to comply with FCA, PRA and Lloyd's requirements.
Assist the Compliance Manager in managing regulatory relationships e.g. FCA, PRA, Lloyd's and overseas regulatory authorities.
Liaising with the business owners to ensure the business is able to demonstrate compliance with the Lloyd's Minimum Standards.
Assist the Compliance Manager in ensuring a robust framework is in place to ensure adherence to internal standards and requirements.
Monitor activities of the business against internal and external requirements, reporting quality MI as necessary to ensure effective oversight.
Oversight of regulatory requests, returns and timetable. Ensuring these are answered accurately and within deadlines.
To act as a point of contact for conduct and compliance queries.
To monitor and communicate emerging compliance risks to the Compliance Manager and wider business as appropriate.
Review regulatory issues, analyse and interpret their application to the business and communicate the analysis within the business as appropriate.
Actively develop and maintain relationships with a wide range of senior managers and underwriters to ensure that compliance processes are fully embedded.
Assist in developing a positive compliance and risk management culture in the Company and observing all FCA & PRA, Lloyd's and other regulatory requirements.
Skills and Experience:
Demonstrable comprehensive Conduct and Compliance knowledge and experience - ideally from the Lloyd's Market
Strong communication skills
Previous experience of managing regulatory relationships
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