Compliance Governance Specialist
15 hours ago
Job Title: Compliance Governance Specialist
Location: London
Salary:£85,000 - £100,000 per annum
This is a fantastic opportunity for an experienced Compliance professional to join a leading insurance company in London as a Compliance Governance Specialist. As a key member of the in-house legal team, you will be responsible for implementing and maintaining a compliant CMS, ensuring appropriate compliance with all relevant laws and regulations.
Your role will include contributing to the further development of the CMS framework, performing legal and regulatory change impact analysis, identifying risks, and advising stakeholders. You will also assist and advise on financial sanctions risks posed across multiple classes of insurance / reinsurance and ensure compliance with internal standards and legislation.
To be successful in this role, you will need to have experience in a generalist compliance role within financial services, working knowledge of the practices and expectations of the PRA and FCA, and understanding of the FCA Business standards PRIN, SYSC, SUP, COBS, ICOBS, RPPD, PROD, and COCON.
The ideal candidate will have a background involving financial crime and assessing financial sanction risks. You will also have experience in assessing financial sanctions queries relating to complex (re)insurance coverages and via delegated outsourcing arrangements. Experience of maintaining an effective outsourcing framework ideally around delegated underwriting authorities and multi-layered distribution channels would be advantageous.
You will work closely with the Head of Legal and Compliance, providing specialist knowledge and solutions on a range of compliance topics and contributing to an overall compliance culture. This role does not involve people management, but you will be required to attend the office in London twice a week.
Benefits include an on-target bonus, 25 days annual leave, private medical insurance, employers' contributory pension of 10%, and fully paid 6 months family leave. If you are looking for a challenging role that allows you to make an impact from day one, then this could be the perfect opportunity for you.
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