Compliance Officer
4 weeks ago
We're seeking an experienced Compliance Officer to join our team at Michelle Denny Recruitment. As a key member of our client's compliance team, you'll play a crucial role in maintaining and enhancing their compliance program, with a focus on Data Protection.
As a Compliance Officer, you'll be responsible for staying up-to-date with relevant financial services and insurance regulations, particularly concerning Data Protection. You'll assist in implementing necessary compliance measures and provide advice on privacy, data-sharing, and data transfer issues.
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
We're offering a competitive salary of £37,000 - £40,000 plus benefits, alongside hybrid working options, excellent transport links, and opportunities for professional growth and development.
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