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Compliance Monitoring Officer

2 months ago


Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full time
Job Summary

We are seeking a highly skilled Compliance Monitoring Officer to join our team at Canada Life Limited. As a key member of our compliance function, you will play a critical role in ensuring the effectiveness of our compliance controls and risk management processes.

Key Responsibilities
  • Perform independent compliance assessments and reviews to evaluate the effectiveness of our compliance controls and risk management processes.
  • Identify and report on compliance risks and issues, and provide recommendations for remediation and improvement.
  • Collaborate with senior business leaders to ensure compliance practices, processes, and policies are followed, and that mitigating controls are well-designed and operating effectively.
  • Lead and deliver a broad range of second-line of defense compliance assessment reviews across our multi-jurisdiction regulated businesses.
  • Develop and maintain knowledge of regulatory requirements, particularly those related to the Financial Conduct Authority, Prudential Regulatory Authority, and Information Commissioners Office.
Requirements
  • Detailed working knowledge of regulatory requirements, particularly those related to the FCA, Data Protection Operational Resilience, Supplier Risk Management, and Financial Crime/Anti Money Laundering rules and guidance.
  • Ability to communicate effectively at all levels of the business, making complex issues simple in oral communication and/or report writing.
  • Proven experience in project management, with the ability to apply project management methods and disciplines to manage the on-time delivery of a portfolio of compliance assessments.
  • Ability to analyze complex regulatory requirements and balance with business needs to make informed decisions.
Benefits

We offer a competitive salary and benefits package, including a generous pension and bonus scheme, as well as income protection, private medical insurance, and life assurance. We also offer a range of training and development opportunities to help you grow and develop in your career.

We are committed to creating an inclusive workplace where everyone can feel they belong and achieve their potential, regardless of gender, ethnicity, or any other characteristic. We welcome applications from diverse candidates and are happy to discuss flexible working arrangements, including part-time work, to support your work-life balance.