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Compliance Officer
Compliance Officer | Insurance | Gibraltar | £Excellent Salary Package dependent on experience plus benefits | Some Hybrid working options
Compliance Officer required for an exciting insurance company based in Gibraltar.
You will be reporting to the Head of Risk and Compliance.
The Compliance Officer will be responsible for delivering, coordinating, and reporting on, the actions detailed within the compliance plan.
Liaising with compliance colleagues across the Group including the UK office to achieve this result as well as to establish Group best practice.
What's on offer to you?
- Genuine career progression in the short term to Head of Compliance
- 25 Days plus Gibraltar Holidays
- Reporting to the Head of Risk and Compliance
What You Will Be Doing
- Work closely with the Head of Risk and Compliance (Gibraltar based) to provide timely support and advice to the business and key stakeholders on regulatory requirements and any new developments (GFSC & FCA).
- Maintaining and developing the client's compliance and conduct risk frameworks
- Ensuring the company meets all relevant regulatory requirements and deadlines
- Ensuring an appropriate Compliance Monitoring Programme is in place and operational, with all activities fulfilled correctly and on time
- Providing senior management and the Board with information and guidance on legal and regulatory obligations
- Ensuring all GFSC correspondence is responded to appropriately and in a timely manner; draft initial responses to general regulatory queries as they arise
- Collating data from various internal sources to complete and submit regulatory returns as required
- Assisting with the review of Company policies and procedures
- Managing the Product Governance framework in collaboration with relevant business functions
- Assisting with the management of the Risk and Compliance Committee meetings, providing relevant reporting and initial drafting of minutes.
- Liaising with internal and external auditors where required
- Proactively monitoring and controlling policies, procedures, processes, practices and documentation to ensure the Company continues to meet all relevant regulatory requirements
- Produce relevant reports as requested for Boards, Committees and senior management to allow for better decision making within the company
What You Will Need to Succeed in This Role
- Experience working for an insurance company, regulator, or insurance manager, with exposure to Gibraltar and UK FCA compliance rules is essential.
- Hybrid working available but core days in the office to be agreed.
- Career path toward regulated individual status by becoming the Compliance Function Holder (CFH) and taking sole responsibility for Compliance including accountability to the Executive and the Board.
- Full support for relevant qualifications - there will be an expectation that the successful candidate will want to progress, or will have progressed, in this regard.
- Gibraltar based preferable but willing to consider UK based candidates if are serious re relocation
Keywords: Compliance Officer | Insurance | excellent salary | recruitment |
- Start: ASAP
- Duration: Permanent
- Rate: Competitive Salary + Benefits
- Location: Gibraltar
- Type: Permanent
- Industry: Legal
- Recruiter: SRG
- Contact: Angelique Pearson
- Tel: 0207 183 6462
- Email: to view click here
- Posted: 2024-07-04 11:53:15 -
- View all Jobs from SRG
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