Compliance Officer - London, United Kingdom - Arthur

Arthur

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Arthur is delighted to be partnered with a Lloyd's syndicate looking to enhance their Compliance operations by adding a Compliance Officer to their team.

Acting as part of a centralised Compliance function, the Compliance Officer will provide a range of compliance support for company-wide international platforms to ensure their complete compliance with internal policies and procedures and external legal andregulatory requirements.

The Compliance Officer will be responsible for the following:

Ensuring effective compliance practices are operating and adhered to throughout the company.
Ensuring all staff comply with compliance policies and procedures through the provision of training and interaction with the business.
Carrying out compliance monitoring/review activities.
Sanctions screening and Know Your Customer ('KYC') due diligence checks.
Understanding and dealing with new and/or changes in regulatory requirements in order to mitigate compliance and regulatory risk.
Showing awareness and adherence to all GDPR obligations, ensuring that the business is compliant with all requirements.
Adding to the success of the Compliance team by engaging with and supporting other members of the team

About you:

Degree educated and/or other professions qualifications.
Willing to study towards ACII or relevant professional qualifications (if not obtained).
You will have an understanding of of Lloyd's market, minimum standards particularly those relating to Conduct risk and IDD requirements.
You will have familiarity with personal lines insurance, regulatory requirements pertaining to them and understanding of compliance frameworks both Lloyd's and Company markets (UK and Europe)
Knowledge of and familiarity with prevention of money laundering and financing terrorism (AML/CFT).
Good understanding of Sanctions and its impact on insurance.