Compliance Manager – remote role

THE COMPANY:
Our client is a specialist insurance company. They are looking to hire a Compliance Manager on a permanent basis, the role is able to be carried out remotely.
THE RESPONSIBILITIES:
Being the SMF16, ensuring that the business is compliant in all dealings with our customers and meeting our regulatory requirements Regulatory compliance management within the business; coordinating and developing the compliance monitoring calendar and internal deliverables across the regulated business Designing and maintaining the Compliance Monitoring Programme (CMP) Monitoring, and recording the results of the CMP and that we comply with FCA Rules Ensuring the business complies with FPCOB permissions and any future permissions that may be commercially appropriate Submitting Regulatory Returns, including Quarterly and/or Annual Financial Returns and other reports to FCA, within the prescribed deadlines, and the gathering of internal information in response to regulatory requests Ensure that appropriate management information (MI) is available to enable the board to exercise appropriate regulatory controls of the business Managing the relationship with the FCA effectively, handling FCA related compliance queries Recommending and initiating changes to systems, controls and procedures in response to FCA Rule changes, so far as they affect us Reading, and understanding the implications of, FCA Consultation Documents, Policy Notices, Notices of Disciplinary Action, Regulatory Updates and other publications etc Designing and maintaining the Compliance Policies and Procedures Manual ensuring that it is up-to-date at all times Ensure the firm has adequate leading and lagging indicators of fair treatment of customers which are measured, monitored and reviewed regularly Perform risk assessments to understand risk level, significance and scope, where appropriate making recommendations Organising the meetings and the reporting to the Internal Compliance Committee (ICC) Contribute to robust and effective compliance controls within the business Obtaining pre-approval from FCA for clearance events and making pre- and post- notifications to FCA of notification events, within the prescribed deadlines and in the prescribed manner Reviewing and approving all non-real time financial promotions and published recommendations prior to their issue by, or in the name of, the business Ensure Consumer Duty regulations are understood and implemented Undertaking and advising on compliance oversight on product changes Work collaboratively across the business including but not limited to – Sales, Marketing, IT and Finance Continually look to enhance processes and systems for effectiveness and efficiency Lead the compliance team ensuring resources are appropriately managed and deployed
EXPERIENCE REQUIRED:
A minimum of 5 years’ experience working as a Compliance Officer in a regulatory compliance function A minimum of 2 years experience as an SMF16 in a consumer facing business High level of IT skills to include Microsoft Excel and Word. Committed to the provision of excellent service with excellent organisational skills Good numeric and literacy skills
For further information please contact Duncan Jeffery
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