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Compliance Officer

2 months ago

Diss, Norfolk, United Kingdom Michelle Denny Recruitment Full time £37,000 - £40,000
About the Role

We are seeking a highly skilled Compliance Officer to join our team at Michelle Denny Recruitment. As a key member of our compliance team, you will play a crucial role in maintaining and enhancing our organization's compliance program, with a particular focus on Data Protection.

Key Responsibilities
  • Regulatory Compliance: Stay current with relevant financial services and insurance regulations, particularly concerning Data Protection (DP), and assist in implementing necessary compliance measures.
  • Data Protection: Provide advice on privacy, data-sharing, and data transfer issues; manage Access Requests; review documents; and oversee Data Protection Impact Assessments (DPIAs).
  • Policy Development: Assist in maintaining compliance policies and procedures tailored to the financial services and insurance sectors.
  • Audit & Risk Assessment: Conduct comprehensive risk assessments to identify potential compliance vulnerabilities and recommend mitigation strategies.
  • Training and Education: Train, coach, and support employees on data protection compliance requirements.
  • Reporting: Prepare Management Information (MI) compliance reports, highlight areas of concern, propose solutions, and provide real-time compliance advice.
  • Monitoring and Testing: Maintain a robust monitoring and testing program to ensure ongoing regulatory compliance.
  • Audit Preparation: Assist with internal and external audits to ensure a smooth process and positive outcomes.
Requirements
  • Experience in a compliance role within financial services or insurance
  • Solid understanding of relevant financial regulations, including UK GDPR
  • Excellent communication skills with the ability to simplify and convey complex legislation, regulations, and policies effectively
  • Experience in report writing, policy development, and trend analysis, with strong analytical and problem-solving abilities
  • Willingness to travel occasionally to other group offices
What We Offer
  • Competitive salary of £37,000 – £40,000 plus benefits
  • Hybrid working options available
  • Excellent transport links
  • Opportunities for professional growth and development
  • Collaborative and inclusive work environment
  • Supportive team of experienced professionals