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International Regulatory Development Associate
4 months ago
Applying for this role is straight forward Scroll down and click on Apply to be considered for this position.
Lloyds is the worlds leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the markets brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrows progress isnt limited by todays risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future thats more sustainable, resilient and inclusive, youll find a home at Lloyds build a braver future with us.
Lloyds are seeking to recruit an Associate within the International Regulatory Development Team. As part of the team, support the Lloyds Global Network with the development, enhancement & defence of Lloyds licences and trading rights globally, whilst achieving international compliance.
The Corporation does not control direct compliance of the Lloyds market with international regulations. Rather, it sets principles for the markets compliance controls and gives guidance on regulations. As such, IRA does not control the Lloyds markets international regulatory compliance but works collaboratively with the market to support Lloyds Principles.
The role of International Regulatory Development Associate is to work collaboratively with the Markets division, both with teams in London and our overseas offices, and any regional regulatory & compliance managers in the support of providing input and guidance.
Principal Accountabilities
As part of the team, identify and respond to regulatory developments, threats and opportunities to Lloyds
Support regulatory workstreams and projects. Identify possible options to resolve complex issues where precedent may not exist
Work with the Lloyds Global Network to support Lloyds relationships and credibility with international regulators, including supporting international representatives in their communications with regulators
Draft briefings, responses to consultations and communications to the market
Manage regular country calls including agendas and taking call notes
Maintain Lloyds regulatory compliance tools (e.g. Crystal) updated
Support Lloyds response to any non-compliance with international regulations, protecting Lloyds brand and licences, and mitigating the threat of financial loss or penalties
Skills required of the International Regulatory Development Associate
Ability to work as part of a professional team
Stakeholder management, influencing & negotiating skills
Ability to think strategically as well as focus on the detail
Effective communication and drafting skills (i.e. drafting and reviewing regulatory submissions, communications to the market, papers and briefings)
Knowledge required of the International Regulatory Development Associate
Knowledge of legal principles and their application in a commercial environment advantageous
Knowledge of international regulatory environment, regimes and requirements advantageous
Insurance market knowledge including Lloyds, London Market & International Markets advantageous
Knowledge of corporate governance principles and structures advantageous
Diversity and inclusion are a focus for us Lloyds aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
NO AGENCIES PLEASE
JOB REF: AWDO-P12202
This job is being advertised by AWD online on behalf of Lloyds
International Regulatory Development Associate Jobs | Insurance | Reinsurance | Lloyds | London Market | International Market | Corporate Governance
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