Risk & Compliance Manager

Full or Part Time

City & Home hybrid working model

£80,000 p.a.

Our client is an independent Lloyds broker/COVERHOLDER @ Lloyds which is expanding. They work with client partners across the globe to arrange bespoke risk solutions for Marine & Non-Marine requirements with underwriters at Lloyds, the Company market, MGA's and overseas insurers.

In this role you will work closely with and support the Managing Director/Operations Director with all aspects of Lloyds and FCA regulatory matters.



As the Risk & Compliance representative for the business this is a generalist compliance role required to ensure the business remains compliant, monitoring and improving business process compliance in line with relevant FCA regulations (including ICOBS).



You will perform horizon scanning, assessing and reporting on the impact of regulatory changes. Manage the companies Risk Management process and report on Risk and Compliance within the management team.



Utilising your technical knowledge of ICOBS and SYSC regulations. Any previous experience of Risk Management and/or GDPR would also be advantageous.



Job Description

* Provide the business support to understand and adopt regulatory change requirements, provide advice, guidance and challenge in the application of regulatory requirements.

Oversee and control management, recording and monitoring of:

* Complaints / CASS via quarterly review / Conflicts of Interest / PROD / TCF and Conduct Risk
* Gifts and Hospitality / Financial Promotions / Horizon Scanning / Errors & Omissions / Risk Events and Breaches
* Support the business in the review of Non-Disclosure Agreements, Service Level Agreements or other legal agreements.
* Sanctions referrals and ad hoc Sanctions queries.
* Take a lead role in supporting the business in reviewing and recording of Terms of Business Agreements.
* Manage and prepare regulatory submissions.
* Cover the pending Overseas Office including to manage, prepare and monitor overseas licensing application and submissions.
* Ensure the firm has appropriate second line oversight of business practices/processes that are intended to ensure our operations are compliant at all levels.
* Liaise with External Auditors to provide relevant requested information and manage any resulting actions points identified by reviews undertaken.
* Ensure policies and procedures are reviewed and updated at least annually.

Our client is flexible and is open to considering the requirements of candidates on a case-by-case basis. The only stipulation is that candidates must have an understanding of and experience within a compliance role, ideally from a broker perspective.

REF - 8882

MW Appointments is acting as an Employment Agency in relation to this vacancy.