Role – Compliance Manager
Employment Type – Full Time
Location – Poynton, Cheshire/Hybrid Home office opportunity
Salary – 50 to 60K dependent on experience
Our clients is one of the UK’s leading short-term insurance providers, and they have got huge plans for the future that you could be a part of.
Their business is 100% focussed on temporary motor insurance. They help drivers of cars and vans to get insurance that covers them on a vehicle for between 1 hour and 28 days (plus a bit longer for learner drivers.) They are growing very quickly and have plans to deliver some amazing new products, and to support them on this journey they are recruiting for this exciting vacancy.
Role summary
They are looking for a Compliance Manager to join their business as they continue their journey to becoming the UK’s biggest short term insurance provider. This role that sits within the operations and management team and will be fundamental to business growth and success.
The Compliance Officer is required to have:
- Detailed knowledge of the FCA rules and the firm’s business
- The ability to support and influence colleagues in relation to their direct compliance responsibilities
The Compliance Officer is primarily responsible for:
Monitoring all aspects of the firm’s regulatory obligations
- Reporting to Senior Management on the status of compliance within the firm
- Immediately reporting any non-compliance or notifiable breaches, including breaches of COCON
- Making individuals within the firm aware of their compliance obligations, including COCON
- Providing all necessary compliance training
Further general responsibilities include:
- Keeping up-to-date with regulatory developments
- Advising senior management in a timely manner about:
- FCA related issues and other regulatory issues
- Any changes to the FCA regulations
- Co-ordinating and producing the firm’s Annual compliance report for senior management
- Managing relationship with the FCA (Principle 11)
- Ensuring that the firm responds appropriately to requests for information from the FCA
- Ensuring that the firm makes all appropriate notifications to the FCA and that such notifications are made in an accurate and timely manner,
- Ensuring that the firm’s activities comply at all times with its procedures
- Ensuring that the firm’s activities comply at all times with FCA requirements
- Reviewing on an on-going basis the firm’s reporting lines to ensure any changes in personnel are reflected in the firm’s documentation and communicated to all staff
- Ensuring that any stationery, financial promotions (including website) and Terms of Business are approved for compliance with FCA requirements
- Ensuring that all relevant records are maintained (eg a register, copies of draft and published items, etc)
What’s in it for you?
25 days annual leave plus public holidays.
- Salary from 50 to 60K depending on your experience.
- Access to all of the tech that you need to enable you to succeed in your role.
- Access to any ongoing professional development resources (CPD) and training as required
- Various other benefits including pension.