Compliance Oversight & Assurance Manager

Job Description

A major insurer that operates in the Lloyd's Market is currently seeking a Compliance Oversight and Assurance Manager.In this role, you will enable provision of assurance over compliance, to boards, external stakeholders and others.The base salary for this role is £90,000 - £110,000 (dependent on experience). A discretionary bonus is also offered.On a day-to-day basis, you will:Deliver Compliance Oversight and Assurance activityDevelop the annual Compliance Oversight & Assurance Monitoring Plan covering key compliance risksDeliver the annual Compliance Oversight and Assurance Monitoring Plan and managing resources to deliver as part of the annual and longer term Compliance PlanReport key findings from business transaction data on compliance controls and breaches to the Head of ComplianceBring an innovative approach to the collection, design and preparation of reports/MI on the performance and findings of Compliance Oversight & Assurance for committees and boards, external stakeholders and othersBe responsible for monthly reports to the Head of Compliance and quarterly reports to the Executive CommitteeManage special investigations/ad-hoc oversight activity as required by the Head of ComplianceIdentify, report, record, analyse and escalate incidents and breaches including commentary on root causeTrack outcomes from thematic and ad-hoc reviews to conclusionManage the Compliance O&A Framework and ensuring process documents are reviewed annuallyMaintain an awareness of relevant changes to the regulatory environment both UK and abroad, ensuring that the Oversight & Assurance framework reflects best practiceHighlight training needs to the Head of Compliance and ensuring targeted training is put in place where necessaryAct as the primary point of contact for other assurance functions (Risk, Internal Audit and Internal Controls) regarding Compliance risks and controlsIt is essential for this role that you have experience working for a London-market insurance business and a background in people management and development.TPBN1_UKTJ