Help in developing the required control systems to prevent or deal with violations of legal guidelines and the internal firm's policies;
Assist with the ongoing evaluation of the efficiency of the controls in place within the firm and continuously contribute to their improvement;
Analyse any changes in legislations/regulations impacting the firm's activity and assist with the implementation of the required changes to the firm's processes.
Draft and modify company policies;
Assist with the onboarding of new insurance brokers and ongoing due diligence;
Assist with the annual audit of the insurance brokers the firm is trading with, including - but not limited to - site visits, review of key processes/data as well as the preparation of the required report to the Senior Management about the findings;
Help with the preparation of Compliance reports for the Senior Management and external regulatory bodies as appropriate.
Requirements:
BSc/BA in law, finance, business administration or related field
Previous experience in quality assurance and auditing experience;
Previous experience within a Compliance/Risk/Internal Audit team for a FCA regulated company highly desirable;
Excellent knowledge of reporting procedures and record keeping;
Good knowledge of the insurance industry required;
Knowledge of the consumer credit industry' standards and regulations a plus;
Methodical and diligent with outstanding planning abilities;