Compliance Analyst

Posted 3 hours 42 minutes ago by Edenbrook Ltd.

Permanent
Full Time
Other
London, United Kingdom
Job Description

Compliance Analyst opportunity working with a top performing specialty insurer operating within the Lloyd's market. Reporting directly to the Senior Compliance Analyst and working closely with the Head of Compliance and underwriting teams on a day-to day basis, the successful candidate will support the Compliance team on a wide variety of Compliance matters.

Key Responsibilities:
  • Monitor regulatory developments across the UK, Europe and Asia conducting horizon scanning and initial impact assessments.
  • Conduct initial due diligence on pre-bind sanctions referrals and advise the business on regulatory, licensing and sanctions matters.
  • Support annual financial crime risk assessments and maintain compliance training records, identifying training needs.
  • Review and update compliance policies, procedures and management information, supporting reporting to Boards, Committees and regulators.
  • Maintain regulatory reporting timetables and support regulatory submissions and information requests.
  • Conduct monthly compliance monitoring across sanctions, licensing and TOBAs, supporting thematic reviews and compliance assurance activities.
  • Support complaints handling, ensuring regulatory deadlines are met.
  • Maintain compliance registers, including breaches, gifts and hospitality, alongside the Compliance SharePoint page and monthly newsletter.
  • Manage the compliance mailbox, respond to queries and represent Compliance at internal and external meetings.
  • Coordinate access to Lloyd's systems and support the onboarding of new joiners onto compliance e-learning.
  • Support the annual fit and proper process for Senior Managers and Certification staff.
  • Provide broader compliance support, including SMCR investigations, compliance planning and training delivery.
Skills, Knowledge and Experience:
  • Technical knowledge of PRA/FCA/Lloyd's regulations.
  • Experience working in a regulatory compliance role within the insurance sector (Lloyd's preferred).