Senior Compliance Manager 6m Contract - London, United Kingdom - Harrison Holgate

Harrison Holgate

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

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Description

A leading Global Insurance Brokerage is currently recruiting for a Senior Compliance Manager for a 6 Month Contract

Job Purpose:
To provide efficient and effective support to the Chief Risk Officer and the wider Risk & Compliance team. To lead the Advice & Guidance Team and to assist in the implementation of an effective Compliance systems and controls regime for the UK regulated entitiesin the business
Key Responsibilities

Lead the team providing advice and guidance on all matters relating to compliance ensuring records of all advice and guidance given are maintained
Provide day to day advice and guidance on all aspects of regulation including the FCA Handbook including SYSC and ICOBS as well as Lloyd's market standards
Researching, advising and responding to Business Division compliance and regulation related queries
Liaising with the Business Support Unit as needed in relation to Counterparty relationship matters and Compliance issues generally
Monitoring developments in international sanctions and trade licence requirements, analysing such developments and assessing the impact of them on the activities of the UK regulated entities
Formulating recommendations to address changes in the international sanctions and trade licence arena, agreeing appropriate reaction to those changes with the Chief Risk Officer and communicating resultant updated information and/or amended business practicesto Business Divisions affected
Investigation of potential due diligence screening matches referred by Risk & Compliance colleagues, Business Support Unit or Business Division personnel, assessing likely impact to trading activities and risk appetite of UK regulated entities and providingappropriate advice/decision on proposed trading relationship
Review and sign off financial promotions and other marketing material, including branded online facilities and maintaining a register of all approvals.
Reviewing, negotiating, and agreeing TOBAs with Market Counterparties and other contractual trading arrangements or agreements with external parties, including Non-Disclosure Agreements
Managing Broker of Record transfer agreements, liaising with Business Divisions as appropriate
Develop and maintain a suite of relevant Compliance management information for onward reporting to the governance committees and the Boards

Skills and Knowledge:

Broad awareness of the insurance industry (7+ years' experience)
Good working knowledge of UK regulatory requirements together with awareness of developing regulatory themes and issues