Compliance Monitoring Executive

BGL Group
13 Nov 2017
18 Nov 2017
Contract Type
Full Time
Compliance Monitoring Executive - Job descriptionWe're looking for an ambitious and professional Compliance MonitoringAdvisor to join our IDO Risk & Compliance team.Is this you?This is an excellent opportunity to demonstrate and apply your insuranceand FCA regulation knowledge in a key new role in IDO. Being responsiblefor the delivery of the IDO Compliance Real Time Monitoring Plan, you'llhelp to ensure that fair customer outcomes are achieved and that the IDOdivision consistently meets its regulatory responsibilities.In collaboration with your manager, you'll create a monitoring planwhich will provide comprehensive and risk-based coverage of theregulatory compliance requirements which apply to IDO. You'll then beresponsible for executing a programme of compliance testing, supportingIDO colleagues by seeking the evidence to demonstrate that IDO ismeeting its compliance obligations, and identifying any gaps. You'll draw robust and evidenced conclusions from your testing andprovide feedback to management about the effectiveness of theirprocesses in ensuring IDO is acting in line with their regulatory obligations.This is a great opportunity to work within the IDO division applyingyour technical compliance knowledge to highlight potential compliancerisks and suggesting pragmatic and proportionate solutions.What will it take?To be successful in this role, you will have a good understanding of thecurrent regulatory and legislative framework, and a thirst to learnmore. You'll need to be able to grasp and assimilate information quicklyand draw logical conclusions from the testing that you perform. You willneed the ability to identify when processes aren't operating effectivelycoupled with the confidence to present your findings to managementalongside options to improve compliance.You'll need to be self-motivated, organised and able to operateindependently as well as being part of a team. You'll need to be able tobuild relationships with colleagues across IDO based on trust and adesire to help and support. What next?Apply now! - provided by Dice