Compliance Officer Lloyd's Market

Harrison Holgate
City of London, London
14 Jul 2017
13 Aug 2017
Contract Type
Full Time
My client is a Lloyd's Managing Agency and they are recruiting for a Compliance Officer. The role is stand-alone with the intention to recruit a Compliance Assistant soon after starting. It is a perm role and reports directly into the MD.

Salary - £90-£125000 + Benefits

The successful candidate will be responsible for:-

The review, assessment, monitoring and reporting of managing agency and managed syndicate compliance
Ensuring that the managing agency Board is aware and apprised of all current issues relating to legal and regulatory compliance
Drafting and, subject to the ratification of the managing agency Board, delivering and reporting progress against an Annual Compliance Plan encompassing all relevant business areas
Monitoring and assessing the potential implications to the managing agency and managed syndicate of new or revised legislation or regulatory requirements and make recommendations to the managing agency Board and/or relevant sub-committee in respect of action required to ensure compliance.
Establishing and implementing such procedures, policies, processes and systems and controls as may be required
Acting as a central source of advice on all compliance matters for all members of staff and to advise on and/or undertake training of staff as required.
Reporting to the managing agency Board and/or Risk Committee in respect of significant issues arising from compliance with Lloyd's codes, byelaws, regulations, principles & minimum standards etc.
To recruit a Compliance Assistant to report directly into this role

The ideal candidate will be an experienced Lloyd's Market Compliance Officer/Manager, who is happy working as the Head Of / No.1 in a stand-alone position