Compliance Officer
Description✓Compliance Officer
✓40 - 45k
✓Central London
✓The Client:-
✓Is one of the leading providers of legal indemnity insurance in the UK.
✓The Role:-
✓Responsibility for the co-ordination of policies, procedures and business standards to ensure compliance with the financial regulator.
✓Ownership of the delegated underwriting agreements and joint ownership with the Senior Claims Technician of the delegated claims handling agreements, liaising as necessary with principal insurers in the negotiation and renewal of such agreements
✓Monitor and advise the Business on all relevant legislative and compliance developments impacting on the business and the Company
✓Regularly review all regulatory and statutory materials relevant to the business and provide commentary to the Compliance Officer
✓Update Compliance Officer with all appropriate regulation and legislation in timely manner
✓Investigate compliance risks and issues and provide feedback as necessary
✓Provide compliance advice, guidance and support, assist in seeking resolution of compliance issues including any new regulatory initiatives, and provide education and training to the business as necessary
✓Ensure that procedure manuals and policies are kept up to date and accurate, and they reflect the current regulatory and legislative requirements
✓Respond to ad hoc queries working with business managers to assist in delivering regulatory compliance, monitoring compliance and general administration
✓Create an audit framework which is suitable for the Business and undertake monitoring reviews ensuring that suitable solutions are implemented to address gaps or weaknesses identified
✓Be the liaison point for external audits/reviews, monitoring agreed remedial actions following such reviews and reporting progress
✓Assist with the assessment of adequacy or internal processes procedures and systems to ensure compliance with regulation and legislation and record keeping to better evidence compliance.
✓Provide compliance advices on the design and structure of products services and procedures
✓Assist in the handling of all complaints ensuring all ‘lessons learnt’ are actioned; providing the regular and ad hoc reports
✓Liaise with Insurers on all matters of compliance and individual authorities and facilitate the implementation of any changes required in accordance with business protocols.
✓Maintain close working relationships with the operational teams to ensure that suitable compliance support is provided in order to optimise Business activity
✓Our mission: To be the leading Executive Secretarial & Support recruitment consultancy in London, for employers and jobseekers alike
✓To receive regular updates of our current vacancies why not set up job alerts
✓Our REFER and be REWARDED scheme is about recognising and thanking you for telling your friends, family or colleagues about our services and how we could help them
✓The rules are simple: Refer a friend or colleague who is not already registered with Morgan Spencer
✓If we place them in a permanent role, we will reward you with £200 of Gift vouchers of your choice. Remember there is no limit on the number of referrals you can make, and therefore the rewards you can claim!!!
✓EQUAL OPPORTUNITIES Morgan Spencer Recruitment is committed to equal opportunities and actively seeks applications from all sectors of the community irrespective of gender, race, colour, nationality, ethnic or national origin, disability, marital status, sexual orientation, having responsibility for dependents, age, religion/beliefs, or any other reason which cannot be shown to be justified.
✓CONFIDENTIALITY: All applications are dealt with in strictest confidence and will be processed in accordance with the Data Protection Act 1998
✓Morgan Spencer Limited, registered in England & Wales No: [phone number removed] Show more →
✓40 - 45k
✓Central London
✓The Client:-
✓Is one of the leading providers of legal indemnity insurance in the UK.
✓The Role:-
✓Responsibility for the co-ordination of policies, procedures and business standards to ensure compliance with the financial regulator.
✓Ownership of the delegated underwriting agreements and joint ownership with the Senior Claims Technician of the delegated claims handling agreements, liaising as necessary with principal insurers in the negotiation and renewal of such agreements
✓Monitor and advise the Business on all relevant legislative and compliance developments impacting on the business and the Company
✓Regularly review all regulatory and statutory materials relevant to the business and provide commentary to the Compliance Officer
✓Update Compliance Officer with all appropriate regulation and legislation in timely manner
✓Investigate compliance risks and issues and provide feedback as necessary
✓Provide compliance advice, guidance and support, assist in seeking resolution of compliance issues including any new regulatory initiatives, and provide education and training to the business as necessary
✓Ensure that procedure manuals and policies are kept up to date and accurate, and they reflect the current regulatory and legislative requirements
✓Respond to ad hoc queries working with business managers to assist in delivering regulatory compliance, monitoring compliance and general administration
✓Create an audit framework which is suitable for the Business and undertake monitoring reviews ensuring that suitable solutions are implemented to address gaps or weaknesses identified
✓Be the liaison point for external audits/reviews, monitoring agreed remedial actions following such reviews and reporting progress
✓Assist with the assessment of adequacy or internal processes procedures and systems to ensure compliance with regulation and legislation and record keeping to better evidence compliance.
✓Provide compliance advices on the design and structure of products services and procedures
✓Assist in the handling of all complaints ensuring all ‘lessons learnt’ are actioned; providing the regular and ad hoc reports
✓Liaise with Insurers on all matters of compliance and individual authorities and facilitate the implementation of any changes required in accordance with business protocols.
✓Maintain close working relationships with the operational teams to ensure that suitable compliance support is provided in order to optimise Business activity
✓Our mission: To be the leading Executive Secretarial & Support recruitment consultancy in London, for employers and jobseekers alike
✓To receive regular updates of our current vacancies why not set up job alerts
✓Our REFER and be REWARDED scheme is about recognising and thanking you for telling your friends, family or colleagues about our services and how we could help them
✓The rules are simple: Refer a friend or colleague who is not already registered with Morgan Spencer
✓If we place them in a permanent role, we will reward you with £200 of Gift vouchers of your choice. Remember there is no limit on the number of referrals you can make, and therefore the rewards you can claim!!!
✓EQUAL OPPORTUNITIES Morgan Spencer Recruitment is committed to equal opportunities and actively seeks applications from all sectors of the community irrespective of gender, race, colour, nationality, ethnic or national origin, disability, marital status, sexual orientation, having responsibility for dependents, age, religion/beliefs, or any other reason which cannot be shown to be justified.
✓CONFIDENTIALITY: All applications are dealt with in strictest confidence and will be processed in accordance with the Data Protection Act 1998
✓Morgan Spencer Limited, registered in England & Wales No: [phone number removed] Show more →