Compliance Officer
4 weeks ago
Michelle Denny Recruitment is supporting a growing financial organization in their search for a Compliance Officer.
This role offers a salary range of £37,000 - £40,000 per annum, with working hours from 8:30am to 5:00pm, Monday to Friday. The position is available on a hybrid basis with 3 days in the office, 2 from home, providing flexibility in your work environment.
About the Role:
We are seeking a skilled Compliance Officer with experience in financial services or insurance. The ideal candidate will have a deep understanding of regulatory frameworks and a passion for ensuring ethical practices within the financial industry.
Reporting to the Compliance Manager, you will play a crucial role in maintaining and enhancing the organization's compliance program, with a particular focus on Data Protection. You will work collaboratively across departments to identify, assess, and mitigate risks while ensuring adherence to industry standards and regulations.
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.
What You'll Need:
- 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
Why Apply?
- Competitive salary of £37,000 – £40,000 plus benefits
- Hybrid working options available
- Excellent transport links on the Norwich/London Liverpool Street line
- Opportunities for professional growth and development
- Collaborative and inclusive work environment
- Supportive team of experienced professionals
This is an exciting opportunity to contribute to maintaining the business's commitment to integrity and compliance.
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