Job Description
Compliance Assistant - Lloyd's Synicate
An opportunity has arisen for a Compliance Assistant with knowledge of the Lloyd’s/London insurance market to support a growing Lloyd's Syndicate within their Compliance team. The role supports the compliance function in meeting regulatory obligations and delivering the annual compliance plan.
You will be providing regulatory and compliance guidance to business areas and overseas offices, supporting on the development and maintenance of compliance policies and procedures, and contributing to internal reporting to senior management and committees.
Key responsibilities include:
* Assisting with compliance monitoring activities
* Supporting financial crime controls (including sanctions and AML checks)
* Supporting good consumer outcomes in line with regulatory expectations.
* Helping ensure effective complaints handling and conduct risk management
* Supporting the compliance team administration; maintaining compliance systems, reporting timetables and assisting with meetings minutes/board packs.
* Liaising with regulators and external stakeholders as required.
* Ad-hoc compliance projects
Key Skills and Experience
* Understanding of Conduct Risk rules and collating MI for committees/Senior Managers
* Understanding of financial crime requirements, specifically sanctions
* Knowledge of, or ability to develop knowledge in, regulatory requirements applicable to Lloyd’s managing agents
* Familiarity with Insurance, ideally Lloyd’s and London market but open to wider Insurance
* Strong organisational, communication and analytical skills
Salary - up to £45,000 DOE
Location - London (hybrid 2/3)