Compliance Officer

1 week ago


Malton, United Kingdom Yorkshire Coast Recruitment Full time

**Compliance officer**

**Location**: Malton, North Yorkshire

**Salary**: £29,000 - £31,500 (Depending on experience)

**Hours**: Full time, Monday to Friday

We are recruiting on behalf of our client for an experienced compliance officer to join the operations department. You will play a pivotal role in the successful delivery of the compliance monitoring plan and advancements to our client’s risk management framework. Ideally you will be from an insurance background.

**Main Duties**:

- Conduct file checks, departmental assurance, risk, client outcome and third-party due diligence monitoring and oversight activities.
- Collaborating with the Compliance and wider teams to develop the 1st and 2nd line of defence approach to risk management.
- Supporting the Compliance Team in the preparation and collation of regulatory reporting.
- Providing guidance on the creation of, and review and approval of financial promotions and customer facing documents to ensure that they adhere to the relevant regulations and procedures.
- Undertaking and advising on Consumer Duty including but not limited to product governance, fair value assessments and completion of insurer information requests.
- Developing compliance working papers, testing and management information including outcomes reporting.
- Providing oversight and maintenance of agency, introducer, appointed representative and third-party contract management variations, assessments, and maintenance.
- Completion of general compliance team administrative tasks, record keeping and maintenance.

**What we are looking for**:

- Minimum of 2 years’ compliance /quality assurance and or risk management experience, within an FCA regulated business.
- Good understanding of general retail insurance products
- Good working knowledge e of the UK regulatory framework and experience with FCA or PRA handbooks, such as IDD and FCA ICOBS, SYSC, SUP, PROD, DISP. PRIN, COND and GDPR.
- Commercial awareness of changing regulatory requirements and trends.
- Focus on the delivery of good customer outcomes.
- Capable of compiling, analysing, and interpreting management information and data to
- Facilitate problem solving, decision making and effective change.

**Job Types**: Full-time, Permanent

**Salary**: £29,000.00-£31,500.00 per year

**Benefits**:

- Employee discount
- Life insurance

Schedule:

- Monday to Friday

**Education**:

- A-Level or equivalent (preferred)

Work Location: In person


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