Associate, Compliance & Membership, Technical Specialist

Recruiter
Lloyds of London
Location
Chatham
Posted
12 Feb 2019
Closes
07 Mar 2019
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

Associate, Compliance & Membership, Technical Specialist

Lloyds

Chatham, Kent

About Us

All roles within Lloyd's have an integral support part to play in the achievement of the Strategy and Vision 2025 and will contribute overtly to:

Lloyd's becoming a brand that is globally admired and recognised and respected for its reputation as the world's specialist centre for (re)insurance. Lloyd's will be known around the world for its integrity and will be a place where talented, diverse and socially responsible employees feel proud to work.

The Role

To support the Manager, Compliance & Membership in the delivery of an effective compliance function, ensuring Lloyd's regulatory and trustee obligations are consistently met.

What Will You Do?

  • Responsible for activities relating to corporate membership of Lloyd's including (but not limited to) admission and on boarding of new members and third parties, change in control structures, conversion of membership, cessation and termination of members
  • Responsible for approval of applicants, incorporating Customer Due Diligence (CDD) to ensure compliance with Anti-Money Laundering and Financial Crime regulations
  • Completion of Risk Assessment reviews on members and third parties to ensure adherence to Lloyd's risk appetite
  • Technical support to the Market regarding corporate rearrangements, capital structures and provision of data associated with Lloyd's Governance
  • Responsible for monitoring and reporting of members and third parties, including suspicious activity, overnight screening and transaction monitoring concerning PEPs, sanctioned entities and other high risk entities
  • Ensure that effective controls and procedures are present and maintained
  • To build and maintain strong working relationships with all stakeholders ensuring a high level of satisfaction. Close liaison with the Corporation Legal, Tax and Compliance teams and Lloyd's Members' Agents

What You'll Need

  • Experience of client on-boarding requirements
  • Experience of working within the rules and regulations of Financial Crime, Anti-Money Laundering and CASS
  • Experience of working as part of a multi-process team with varying fixed deadlines
  • Experience of working in the Financial Sector
  • Experience and understanding of financial and operational risk
  • Experience of stakeholder engagement
  • Knowledge of client onboarding requirements and the associated risks to Lloyd's
  • Knowledge of corporate structures and trust arrangements
  • Knowledge of relevant UK and International legal & regulatory requirements
  • Knowledge of rules relating to membership of Lloyd's and Lloyd's trustee obligations
  • Knowledge of business process and systems change tools and best practice principles
  • Knowledge of the Lloyd's annual business timetable
  • Ability to interpret legal and regulatory advice & take appropriate practical actions
  • Ability to react to continual changes in market conditions and policies
  • Ability to build and maintain stakeholder relationships
  • Influencing & negotiating skills
  • Ability to support a culture of continuous process improvement
  • Ability to focus on the detail and accurately analyse
  • Review & evaluation skills

As the successful candidate, you can expect to be rewarded with a competitive annual salary and benefits. We are committed to flexible working, therefore if you would like to consider this as a part-time opportunity, please add this to your application.

At Lloyd's we believe that innovation comes from having an inclusive culture of equality and diversity. We use ClearTalents to discover how we might help you feel welcomed, supported and able to do as well as you can when applying to work for us, including identifying any reasonable adjustments that we may need to make. Should you feel that you require reasonable adjustments during your application process we request that you pleasefollow this link to create a ClearTalents user profile:

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