Group Compliance Manager

Group Compliance Manager

London/Hybrid

Permanent

£70,000- £85,000 + Excellent Benefits

The Group Compliance Manager is responsible for overseeing and managing compliance for the Group, to ensure the business operates in full accordance with all applicable laws, FCA regulations and industry standards. This role will support senior management in fostering a strong compliance culture across the organisation.

Core Responsibilities

• Overseeing Compliance for the wider insurance group
• Data Protection Officer
• Advising the Boards on Compliance matters, including changes to regulations
• First line Compliance support
• Support from external Compliance consultancy where required
• Development of Annual Compliance Plan

Scheduled Activities

• Production of Compliance packs for bi-monthly KL and TDI board meetings
• Attendance and contribution of bi-monthly SYSC meeting chaired by CEO
• Annual SMCR declarations
• Allocation of file and call audits
• Sample testing of file and call audits
• Submission of FCA regulatory returns
• IAR annual checks
• Sanctions checking oversight

Ad Hoc Activities

• Approval of financial promotions
• Complaints handling in conjunction with approved persons with responsibility for complaints
• Compliance inductions
• SMCR updates due to staff changes
• Notification to regulators such as FCA and ICO as required
• Management of Insurer and MGA TOBAs
• Overseeing new Insurer/MGA process
• IAR approvals
• Product governance and Fair Value Assessments

Experience

• Minimum 3-5 years' experience in financial services compliance, ideally within insurance industry
• Strong working knowledge of FCA regulations, including SYSC, ICO guidelines, SMCR and Treating Customers Fairly (TCF) principles
• Proven experience in managing compliance activity, including monitoring and reporting processes
• Experienced in SMCR, complaints handling, and liaising with regulatory bodies, e.g. FCA, ICO
• Demonstrated ability to develop, implement and monitor compliance policies, procedures, and controls
• Experience in leading on compliance activity and providing guidance to
  business teams
• Demonstrable experience of strong analytical and problem-solving skills

Sellick Partnership is proud to be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances. Please note, our advertisements use years' experience, hourly rates, and salary levels purely as a guide and we assess applications based on the experience and skills evidenced on the CV. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice on our website.