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Head of Compliance

  • Location: Leeds
  • Salary: £100,000 - £120,000 per year
  • Job Type:Permanent

Posted 19 days ago

  • Sector: Compliance
  • Contact: Michael Ayres
  • Contact Email: mayres@merje.com
  • Contact Phone: 0161 883 2758
  • Expiry Date: 23 July 2024
  • Job Ref: MA/11844(L))

 

Job Description

Insurance business offering a wide range of home, motor and commercial insurance are seeking a Head of Compliance.  Leading the Compliance function, and reporting to the Director  of Customer and Compliance, you will be responsible for structuring, leading and developing the team to best in class compliance standards in UK insurance.

The role will take overall responsibility for compliance duties and obligations, including direction, strategic development, performance and maintenance of regulatory activity-across the business.

The business operates a hybrid working week, the expectation would be 1 day per week in the firms West Yorkshire Head Office.

Role responsibilities

Ensuring the business meets all the necessary compliance requirements and that the appropriate risk mitigation/control measures are in place.

Developing the annual compliance plan and directing and managing all compliance activities.

Providing expertise, advice, guidance, and support to the business with regards to compliance activities.

Having overall responsibility for the compliance monitoring framework to assess and report on policy compliance, making recommendations for corrective actions where required, and tracking actions through to delivery including periodic reviews of departments.

Preparing influential, informative, and advisory reports for the Board, leadership committees and regulatory bodies, as required, including Group reporting.

Building and maintain appropriate industry relationships with external parties, to benefit the internal compliance environment.

 

Personal attributes & experience:

Previous experience in a senior compliance role, preferably within the insurance industry.

Significant knowledge of the FCA Handbook, in particular PRIN, SUP, SYSC, ICOBS, DISP and their application relating to the distribution of insurance products.

Experience delivering within compliance and regulatory control evaluation programmes in an audit, internal controls or compliance monitoring environment and had input into the design of the programme.

You are a 'business enabler', looking for ways to remain compliant whilst supporting business stability, change and growth and without undue customer impact.

Ability to challenge assumptions, identify and understand complex issues and escalate as appropriate.

You have experience of the Senior Manager & Certification Regime gained in a dual regulated firm.

 

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.

If you would like this job advertisement in an alternative format, please contact MERJE directly.