Compliance & Risk Business Partner

4 weeks ago


London, United Kingdom Arthur Full time

We are working with a leading insurance broker that are looking to expand their team by hiring a Compliance Business Partner.
In this broad role, you will be expected to implement and lead on all matters in respect to product governance, consumer duty and conduct risk, as well asdemonstrating impeccable regulatory knowledge, relaying all relevant changes across the wider business.
As the principal referral point for the business regarding techinical expertise, you will be expected to carry out the following:

Provides relevant management information relating to their specified division(s) to senior management and governance fora.
Works closely with the first and second line monitoring functions to determine whether or not conduct risk and general compliance related metrics are suitably designed and incorporated and, where issues are identified, are being addressed in a timely manner.
Creating a frameworkto ascertain regular review of the performance of different compliance systems and controls, which do not fall within BAU Compliance Monitoring Team activities.
Supplying oversight in respect of all regulatory matters, including but not limited to Consumer Duty, Product Governance, ARs, SMCR etc.
Communicating regulatory changes in relation to conduct risk and general compliance, providing recommendations to improve performance and mitigate risks.
Staying awareof all regulatory and legal changes which impacts on the job role.
Ensuring that all escalations are communicated to the relevantExecutives,Compliance or Governance Committees on allmatters of concern or emerging risks
Writing and successfully communicating regularreports and deliverablesacross the business.
You will have SME-like experience on regulatory expectations with regard tofirst line compliance (product governance, conduct risk, consumer duty etc.), Extensive experience of operating in the compliance department of an insurance broker or general insurer.
Strong commercial background with an understanding as to the relevance of this in the insurance market
Experienced inbuilding strong and constructive relationships with stakeholders and business executives.
You will have experience in working on different change projects.



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