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Junior Compliance Analyst

Employer
Lockton Companies
Location
London, UK
Salary
Competitive
Closing date
Mar 22, 2019

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Job Role
Compliance Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Lockton is the world's largest privately held independent insurance broker. Their focus is to provide their clients with the best in risk management, insurance and employee benefits consulting. The entrepreneurial culture of the business is reflected in empowering associates to act quickly, learn fast and provide the right solutions for their clients. The business is currently looking to fill a position for a Junior Compliance Analyst. This role is suited to candidates who have existing experience in compliance within Insurance, Banking, Financial Services or another regulated financial institution. You will need a strong grasp of compliance work and concepts as this will be a fast paced role with multiple tasks to manage at any one time. There is excellent scope for growth and development therefore this is ideal for candidates looking for their next career move. The overall purpose of the role is to provide technical compliance support to the Compliance function and wider Business. The key areas of responsibility within the role will be: To monitor, triage and allocate queries coming into the Compliance inbox. To conduct reviews of Lockton IAR's (and assist Compliance Officers with reviews of AR's) at intervals and to requirements set out in Company Policies. To ensure that Policies owned by Compliance are regularly reviewed to the agreed schedule, updated, re-approved and published. To assist the relevant Compliance Officer with reviewing Lockton Products to the agreed schedule. To assist the Head of Risk & Compliance with the annual Approved Person Fitness & Propriety Review. Under supervision of the relevant Compliance Officer, review and approve financial promotions. To issue agreed higher limit Business Principles documents. Under supervision of the relevant Compliance Officer, report on and ensure that Rule Breaches are properly resolved and closed on reporting systems. To produce monthly and quarterly reporting data for review by the relevant Compliance Officer and ultimately Business Units, including QAFA data. To conduct daily regulatory horizon scanning for changes to FCA, Lloyds and LMG regulations, producing summaries of changes and guidance notes for distribution to the business. To review FCA standing data annually and make changes to regulated entities data as appropriate using the FCA's connect system. To prepare compliance responses to client RFP's and other Due Diligence activity. To act as administrator for the Compliance Document Library, adding and removing documents as required. Other compliance duties as required. Suitable candidates for the role will have the following key competencies: Able to take responsibility for complex tasks and deliver an agreed outcome to time and within resource constraints Able to work within a team, on own initiative and for the team. Ability to balance competing objectives, prioritise and ensure that deadlines are met. Thorough working knowledge of Microsoft products (Word, Excel, Outlook, Visio). Conscientious and self-motivated, with a good eye for detail. Positive Attitude Excellent interpersonal and communication skills. Lockton attract the best professionals to come and work with them who are excited by their unique culture that values respect, ethical, moral and caring approach, in fact their associates are their greatest asset.

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