Group Risk & Compliance Business Partner

Taylor Root
England, London
bonus, benefits
09 Nov 2018
07 Dec 2018
Guy Fraser
Vacancy Type
Full Time
Experience Level
Not Disclosed

The role

The position is Group Risk & Compliance Business Partner. Because of rapid growth the firm can no longer rely on its historical regulatory risk framework and is looking to bring in a talented regulatory business partner to create & implement a more up to date compliance advisory plan. They need to get focused on what really matters - the specialty lines compliance team becoming a trusted adviser to the business; a function which can be trusted by all levels within the business and gives the regulator confidence in what they are doing. Some big projects for 2019 include a deep dive review of current policies & procedures as well as looking at technology and innovation. To pull this off, they need a top-notch compliance officer to support and contribute to building the right type of compliance advisory function and infrastructure to address these challenges.

Key Responsibilities

  • Advise the business on compliance related issues arising from compliance reviews
  • Maintain awareness of regulatory developments and how these might impact the business
  • Attend regulatory business governance meetings providing advice on the development and launch of new products, new business models etc.
  • Work with the business to enhance controls and be the "voice" of compliance
  • Assist the business with regulatory submissions and filings
  • Contribute to the annual compliance plan with regards to prevention and culture

Key Skills & Experience

  • Experience of working in the UK insurance sector
  • Retail speciality lines of business exposure
  • UK regulatory knowledge within the compliance department of an insurance company
  • Proven track record of building strong relationships with business leaders
  • Knowledge of Financial Promotions, Complaints Handling, Remedial Action, TOBAs, Sanctions

Please note our advertisements use PQE/salary levels purely as a guide. However we are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role.

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