COMPLIANCE OFFICER - £60,000 - £70,000

Leap Insurance Recruitment
02 Feb 2017
02 Mar 2017
Contract Type
Full Time

COMPLIANCE OFFICER - £60,000 - £70,000

Lloyd’s Broker based in the City require a knowledgeable Compliance Officer to join their team. You will be ensuring the company complies with all legal and regulatory requirements, and follows best practice across all its business areas.


  • Assisting in the establishment and ongoing maintenance of effective policies, procedures, data controls, and systems, to comply with applicable requirements and standards under the regulatory system
  • Acting as a central point of contact for general day to day business enquiries in relation to all aspects of business processes, procedures, regulatory issues, and legislation;
  • Assisting in the monitoring of business operations against policies and procedures, and the collation / issuance of management information detailing performance standards
  • Maintain a detailed and up to date knowledge of the rules and regulatory requirements relevant to the Company and ensure that these are communicated to the staff
  • Monitor the efficiency of compliance procedures, systems and controls, and where necessary to design or recommend changes thereto liaising as appropriate with the key business stakeholder
  • To carry out systematic reviews on all areas of the business to verify conformance to regulatory requirements
  • Develop and maintain policies, procedures and systems to ensure the Company’s compliance with regulatory requirements and identify risks or deficiencies that may affect the Company’s compliance
  • Ensure that all returns to the regulators are made on time and inform the regulators of events as required by the regulations
  • Ensure that procedures to deal with compliance for Agents and Introducers to the company are in place and being followed

The successful candidate will have knowledge of London Market Processing, Lloyds DUA Framework, Legal Principles of Contract formation and Lloyds Licencing and Taxation. If you have the relevant experience, please apply!