Senior Compliance Officer

Bromsgrove, ENG, GB, United Kingdom

Job Description

We're hiring for a Senior Compliance Officer to support our growing compliance team!





To keep up with our growth in the UK and Ireland, we're looking for a dedicated

Senior Compliance Officer

is to assist in supporting NFP Europe's Property & Casualty Insurance Entities and Divisions in ensuring that both internal and external business-as-usual compliance requirements are fulfilled. The role is an integral part of the compliance function, working collectively to ensure that NFP Europe operates effectively in accordance with relevant rules and regulations. The ideal candidate should possess a robust background in compliance, along with relevant experience within the financial services industry.


We're looking for someone with:




Excellent communication (verbal and written) and be an effective 'regulatory translator' i.e. take complex regulation and make it accessible, understandable and relevant to the business so they have clarity on what is required, and what they need to do. Good problem-solving skills and be solution orientated. Strong organisational skills and attention to detail but have the ability to take a high-level view. Excellent stakeholder management skills and be able to build and maintain strong relationships with the business, while also maintaining an appropriate level of professional distance. Able to act as a 'critical friend' to the business, delivering constructive challenge and identifying solutions to address issues that are identified. Strong understanding of the UK's regulatory regime as it applies to general insurance activities.

Using these skills, you'll be:




Regulatory Compliance & Oversight


Ensuring day-to-day compliance with FCA and other relevant regulatory requirements. Administering compliance systems and tools such as policy portals and training platforms. Coordinating the implementation of Consumer Duty Rules, Conduct Rules, and SMCR responsibilities. Ensuring timely and accurate FCA and other regulatory filings, notifications, and reports.

Advisory


Providing effective regulatory business partnering to the first line of defence (1LOD). Delivering pragmatic advice, technical guidance, and oversight on compliance and regulatory matters. Building strong collaborative relationships with 1LOD and operational departments. Bringing a compliance and regulatory perspective to key business forums, initiatives, and projects. Supporting and guiding business units through integration-related activities.

Governance


Acting as a liaison with external regulators and auditors. Preparing documentation for regulatory inspections and audits. Managing external and internal audit processes. Analysing compliance and business performance data to identify trends and provide challenge. Identifying and escalating potential compliance risks to senior management. Preparing management information and reports for entity boards, senior management, and regulatory bodies.

Compliance Risk Management


Contributing to the development and maintenance of the firm's risk register. Supporting the group's assessment of regulatory risks as part of the enterprise risk management (ERM) framework.

Regulatory Change and Updates


Monitoring compliance obligations specific to the business area. Interpreting new regulations and insurance-specific legislation and advising on required business adjustments. Delivering briefings and training on key regulatory topics and emerging issues.

Policy and Procedure Management


Implementing, maintaining, and updating compliance policies and procedures. Ensuring policies are effectively communicated, embedded, and aligned with regulatory requirements. Providing guidance and training to support consistent policy application.

Record Keeping and Documentation


Maintaining accurate and up-to-date compliance records, including monitoring logs and incident reports.

Who is NFP?




With over 600 people in the UK and Ireland and over 8,000 employees worldwide, NFP is part of the Aon group and specialise in helping businesses in four core areas:


Insurance (helping them manage key risks) Health and safety (supporting them to create a safer workplace for their employees) Employee benefits (helping them reward their people more effectively) HR, people and talent (supporting employers and their people to thrive through changes and challenges)

What you'll love about working here




working in a dynamic, fast-paced organisation in an exciting industry the opportunity to do globally impactful work from day one learning from industry and business line specialists with decades of experience a huge variety of projects to work on and challenges to solve our People First culture, which illustrates our commitment to your wellbeing and development, not just as an employee but as a human being a rich suite of employee benefits and out-of-work perk

The great benefits we offer:




Finances



It's important to know you're paid fairly for the hard work you put in, which is why we complete regular reviews to keep your salary in line as you progress. Plus, we offer initiatives to support and give you financial peace of mind.


Matched employer pension contributions Life Assurance and Group Income Protection Lifestyle discounts for well-known brands

Work-life balance



We appreciate the importance of your life outside of work and the benefits of an effective work-life balance. That's why our policies and culture respect your ability to be flexible, helping you be your best self both in and out of the office.


Opportunity for hybrid working Generous annual leave allowance

Health and wellbeing



We firmly believe in supporting the whole person, not just the employee. At NFP, you have access to a number of initiatives and resources designed to support your physical and mental health and wellbeing.


Comprehensive Private healthcare Healthcare cash plan Additional days off throughout the year to focus on your wellbeing

Charity and community work



At NFP, your sense of purpose will stretch far beyond your job role. With numerous opportunities to support charities and local initiatives close to our heart, you'll be able to join us in making a real difference.


Numerous charity fundraising challenges and events throughout the year Opportunities to volunteer and give back to the community Award-winning apprenticeship program, helping local schoolchildren take their first steps into the world of work

Social



It's not all hard work; we also love

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Job Detail

  • Job Id
    JD4121297
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Full Time
  • Job Location
    Bromsgrove, ENG, GB, United Kingdom
  • Education
    Not mentioned