Compliance Officer role, key information:
* Permanent role paying up to £60k + bonus
* 3 days in 2 from home
* You will need A solid understanding of the regulatory framework, particularly SMCR and ICOBS and their application within the business.
* You will need a working knowledge of compliance monitoring
Key responsibilities:
* Conduct monitoring in line with the compliance monitoring plan
* Escalating major issues and/or highlighting where trends exist to the Compliance Manager or Head of Compliance
* Implement best practice strategies and to gain knowledge of office specific business activities.
* Contribute to the overall development of the Compliance function’s strategy
* Drive forward development of Management Information and Business Insights
* Consider the impact of any matters of concern or changes that arise in the business, from our regulators, the insurance market or European Commission.
* Responsible for horizon scanning and identification of emerging regulatory issues
* Ensure Lockton has in place robust and effective procedures to mitigate regulatory risk
* As required, responsible for regulatory submissions via Connect, Gabriel and any other FCA notifications
* Record breaches and complaints, ensuring appropriate records are maintained and lessons learned with corrective actions implemented to prevent future problems
Person requirements:
Essential
* A solid understanding of the regulatory framework, particularly SMCR and ICOBS and their application within the business.
* A working knowledge of compliance monitoring
* Ability to identify opportunities for business efficiency, develop and implement internal systems and controls.
* Relevant transferable experience gained from a compliance role
* Ability to build effective and positive business relationships, and deliver solutions to stakeholders
* Ability to be professional and tactful in negotiation – to listen and be influential in achieving objectives
* Proven ability to be flexible and adaptable to an ever-changing environment
* Proven ability in problem solving skills, including the ability to resolve complex issues and devise actionable solutions
* Ability to compile, analyse and interpret management information and data to facilitate decision making