Position: Senior Compliance Analyst
Industry: Lloyds Insurance
Location: London (Hybrid)
£60,000 - £70,000 per day
Role Summary:
We are currently recruiting for a highly skilled compliance professional to join a dynamic and fast-paced Compliance Function. As a key member of this team, you will play a crucial role in providing regulatory assistance to ensure all business activities are conducted in accordance with compliance standards. This position presents significant opportunities for career advancement within a supportive and expanding Compliance team.
Key Tasks and Responsibilities:
Stay updated on regulatory changes by conducting regular scans of relevant regulators, including FCA, PRA, Lloyd's, Lloyd's Europe, and international bodies.
Assist in compliance and regulatory projects, including implementing new laws and improving the Compliance framework, processes, and procedures.
Contribute to developing and executing the annual Compliance Plan, taking charge of specific initiatives as needed.
Review and revise company-wide policies and procedures to align with regulatory requirements and best practices, making recommendations and overseeing their implementation.
Manage the firm's SMCR framework, including creating Management Responsibility Maps (MRMs), Statements of Responsibility (SORs), and handover certificates.
Offer regulatory guidance and advice as necessary to support business operations.
Foster a compliance culture within the organisation, promoting awareness and encouraging adherence to relevant laws and regulations.Skills/Experience:
Strong knowledge of FCA, PRA, and Lloyd's regulations.
Ability to interact effectively with regulatory authorities.
Ideally degree educated or equivalent by experience.
Minimum 5 years of regulatory or compliance experience within the insurance market.Email your CV or use the apply feature on this page. Email: (url removed)
Key Skills: Regulatory, Horizon Scanning, SM&CR, FCA, PRA, Policies/Procedures