Compliance & Risk Assurance Officer

A multinational MGA is currently hiring within their risk and compliance function. You will join a high-performing, welcoming team and will work on both risk and compliance assurance matters. Duties:

• Take the lead on developing and delivering the second line assurance plan
• Maintain and develop a robust and effective second line assurance framework
• Design and deliver reports and MI for the relevant committees and senior management.
• Design and undertake reviews on a thematic and functional basis to ensure effective application of policies, procedures, and internal controls, as well as adherence to regulatory requirements.
• Periodic testing of key risk controls
• Deep dive reviews into organisational risks. Ensure recommendations/actions are reported and completed in a timely manner.
• Contribute to the success of the Risk and Compliance teams more widely e.g. horizon scanning, day-to-day guidance and delivering training
• Support the company in maintaining compliance with industry and governmental lead regulations.
• Contribute to the regular Risk and Compliance reports to governing bodies, providing summary updates of control testing, monitoring reviews, and business performance against company procedures.
• To draft, review and keep up to date internal regulatory protocols, policies and procedural manuals.
• Support team with sanction screening and sanction related queries
• Assist in registrations of licensing and tax
• Support with maintaining TOBA process.

• Relevant second line experience
• Awareness of Lloyd’s and London Market practices (and related International Lloyd’s standards);
• Strong awareness of Lloyd’s Principles, the FCA and the PRA.