Compliance Officer - Malton, United Kingdom - McClarrons Ltd

Description

As an integral part of the Compliance Team, you will play a pivotal role in the successful delivery of the compliance monitoring plan and advancements to our risk management framework.

• Conduct file checks, departmental assurance, risk, client outcome and thirdparty due diligence monitoring and oversight activities.
• Collaborating with the Compliance and wider teams to develop the 1st and 2nd line of defence approach to risk management.
• Supporting the Compliance Team in the preparation and collation of regulatory reporting.
• Providing guidance on the creation of, and review and approval of financial promotions and customer facing documents to ensure that they adhere to the relevant regulations and procedures.
• Undertaking and advising on Consumer Duty including but not limited to product governance, fair value assessments and completion of insurer information requests.
• Developing compliance working papers, testing and management information including outcomes reporting.
• Providing oversight and maintenance of agency, introducer, appointed representative and third party contract management variations, assessments, and maintenance.
• Completion of general compliance team administrative tasks, record keeping and maintenance. Skills needed to succeed as a Compliance Officer
• Minimum of 2 years' compliance /quality assurance and or risk management experience, within an FCA regulated business.
• Good understanding of general retail insurance products.
• Good working knowledge e of the UK regulatory framework and experience with FCA or PRA handbooks, such as IDD and FCA ICOBS, SYSC, SUP, PROD, DISP. PRIN, COND and GDPR.
• Commercial awareness of changing regulatory requirements and trends.
• Focus on the delivery of good customer outcomes.
• Capable of compiling, analysing, and interpreting management information and data to Facilitate problem solving, decision making and effective change.
• Ability to develop strong, effective relationships at all levels of business, adapting content and tone to suit audience.

• Hold a professional qualification CII, ICA, IRM
• Good understanding of antimoney laundering, governance and risk, financial crime prevention, customer due diligence
• Experience of writing policies and procedures to ensure they are reflected correctly in customer comms and vice versa.
• Complaint handling and management

• Company pension
• Enhanced maternity leave
• Enhanced paternity leave
• Free parking
• Health & wellbeing programme
• Private medical insurance
• Work from home

• Monday to Friday

• Do you have a minimum of 2yrs compliance / quality assurance / risk management experience?

• Driving Licence (required)