Regulatory Risk Manager
3 weeks ago
We are seeking an experienced Regulatory Risk Manager to join our team at Edenbrook. The estimated salary for this role is £70,000 - £90,000 per annum.
Job SummaryThe Regulatory Risk Manager will be responsible for monitoring and reviewing adherence to policies, procedures, and systems in place to ensure regulatory compliance. This includes co-ordinating external audits and supporting the development of a compliance monitoring framework and annual plan.
The ideal candidate will have extensive experience in compliance gained within the FCA environment and the London Insurance Market. They will also have experience of international operations, including the compliance aspects of monitoring overseas offices.
This is a challenging role that requires a high level of expertise and attention to detail.
Key Responsibilities- To monitor review and report on adherence by the business to the policies, procedures, and systems in place to ensure regulatory compliance.
- Co-ordinate external audits with other insurers.
- Support in maintaining a compliance monitoring framework and annual plan.
- Support and advise the 1st Line of Defence on compliance findings and recommendations.
- Work with Group Risk and the Internal audit function on independent assurance mapping.
- Build and maintain effective working relationships with internal and external stakeholders.
- Run ad hoc compliance projects as required.
- Extensive compliance experience gained within the FCA environment and the London Insurance Market.
- Experience of international operations, including the compliance aspects of monitoring overseas offices.
- Thorough understanding of the FCA's Sourcebooks as applying to Insurance Intermediaries.
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