Senior Risk & Compliance Manager (Lloyd’s Broker) – London

  • Assist with the review of risk events and escalation items for lessons learned and any changes needed to controls or procedures.
  • With Group Head of Risk and Compliance case manage potential risk events, in particular potential E&O claims.
  • Establish and maintain risk-based approach to internal systems for all operational and other risks.
  • Promote sound risk management, governance and control processes throughout the Group.

Compliance:

  • Contributing to the assessment of the Compliance function, monitoring compliance with FCA rules and identification of any areas for improvement. Manage Anti-Financial Crime and sanctions requirements.
    • Develop and promote internal rules and procedures, in particular Conduct, Data Protection, and Financial Crime mitigation.
  • Regulatory liaison as required.
  • To ensure all companies fall within FCA regulations.

Active involvement in:

  • Employee training on Compliance, Risk and related issues.
  • Advice and query resolution regarding all Compliance, Risk and associated issues.
  • Analysis and dissemination of legal and regulatory changes.
  • Contributing to wider Group projects and other initiatives.

Leadership / Management:

  • Provide management oversight and leadership as directed, coordinating activities to ensure compliance with procedures and controls and optimising the effectiveness of the department.
  • Manage the selection, development and performance of the Risk and Compliance Department, ensuring all are competent and adequately supervised.
  • As required, establish lines of control and delegate responsibilities to subordinate staff, monitoring workloads and work in progress of each team member.
  • Drive improvement through the business, ensuring underperformance issues are resolved effectively and robustly.