Compliance Officer

Recruiter
Key Recruitment Limited
Location
Lyndhurst, Hampshire
Salary
£25k - 30k per year
Posted
19 Aug 2019
Closes
28 Sep 2019
Ref
1238952764
Sector
Accountancy
Key Recruitment are working with one of the region’s leading independent insurance brokerages, who are looking to recruit a Compliance Officer to join their team. This is an excellent opportunity for an experienced compliance professional to work for a company with excellent training procedures, a strong work ethic and a proven track record of success in the market. Duties to be performed in the role will include: Liaising with the FCA on regulatory issues and assimilating and implementing regulatory requirements in a timely manner and within imposed deadlines. Under the direction of the Operations Director and Managing Director, ensure the maintenance and completion of the Annual Compliance Plan which details the compliance controls and regularly monitoring. To ensure that a written compliance report is completed annually detailing the effectiveness of the previous years plan, reporting on areas of weakness and remedial action to be taken. To monitor that the company’s Training and Competence procedures are actioned, supervised and audited. To maintain and carry out regular checks to include New business, Financial Promotion, Complaints, Known Rule Breach, Lapsed/NTU/Cancelled, Fees and Commissions. In conjunction with the Operations Director and Managing Director ensure provision is made based on Risk Management on an annual basis giving areas of responsibility and identifying areas in a high, medium and low risk. Ensure updates from the FCA are implemented across the company. To compile and submit half yearly reports to FCA in connection with complaint received, resolved and ongoing. To ensure all agencies, insurer and supplier agreements are compliant and kept up to date. To ensure that there are no more than 1% complaints per month for the customer services department. To attend and represent the department in monthly Communications meetings. Previous compliance experience is essential to be considered for this role; For more information please apply online or contact Daniel Hurley on.

Similar jobs

More searches like this

Similar jobs