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Senior Compliance Analyst

Employer
Hiscox AG
Location
Lambeth, UK
Salary
Competitive
Closing date
Jun 20, 2019

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Job Role
Compliance Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Description: Compliance Officer / Senior AnalystReporting to Head of Syndicate & Bermuda Compliance55-70k base (depending on experience)The role As the Compliance Officer supporting the Lloyd's Syndicates and Bermuda you will drive the Business' understanding of regulatory risk and establishing control frameworks where necessary across business units that utilise Hiscox syndicate and Bermuda capacity. You will be expected to combine your ability to understand the operational and commercial complexities of the business with the need to drive through regulatory change. Working with stakeholders at all levels of seniority, you will be providing regulatory advice and challenge. This demanding and rewarding role requires a broad knowledge of insurance regulatory matters across Lloyd's and Bermuda businesses, including Sanctions and Financial Crime, Conduct Risk, Insurance Distribution Directive, International Licensing, Lloyd's requirements and Systems of Governance and proven problem solving skills.What you'll be doing:Support and develop relationships with stakeholders at all levels of the business and playing a lead role in embedding a good compliance cultureProviding oversight and developing the business' understanding of regulatory risk Identifying commercially viable solutions to the application of regulatory requirementsMonitoring and communicating regulatory change and actively influencing the business to establish control frameworksProviding regulatory SME support to projects and change initiativesLeading on the co-ordination and business support for regulator information requests, reviews and regulatory returnsPreparing Executive and Board level presentationsResponding to the business' day to day regulatory queriesInvestigating sanctions referrals and providing monitoring and assurance Supporting the wider compliance team (e.g. team initiatives, weekly sanctions screening)Leading by example, driving the development of the team, its processes and approachTo succeed in this role, you will have a strong technical regulations background, with proven deliverables management skills and will be comfortable working in a complex and dynamic environment. You will be dealing with lots of different people, systems, processes and information so you'll have to be versatile, flexible, highly organised, personable and engaging. Your goal will be to build relationships with key stakeholders and it's essential you have the communication skills that enable you to articulate your position clearly and persuasively. Person Specification: Our must haves:Indepth knowledge of and experience in Insurance is essential, particularly in the London insurance marketExcellent written and verbal communication skills, particularly "soft" influencing, persuasion and consultancy skills and an ability to encourage business leaders to positively respond to questions, requests and challengesSound judgement and the ability to solve problems and identify commercially viable solutionsAbility to gain respect with stakeholders at all levels by understanding their businessA broad knowledge of key PRA, FCA, Lloyd's and (ideally / nice to have) BMA insurance regulatory topics, and ease with complex and technical regulationsExperience in driving through regulatory changeDetailed knowledge of economic sanctions, including controls, investigation, assurance and monitoringA keen eye for detailThe ability to actively manage work performed others such as the 1st line, ensuring appropriate oversight and delivery of work while avoiding micro-managementSignificant emotional intelligence and self-awareness, with the ability to resolve issues within a team in a judicious and empathetic mannerDiversity and flexible working at Hiscox At Hiscox we care about our people. We hire the best people for the job and we're committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn't always have to be 'nine to five' and wesupport flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.LI-AS1 Job ID: 7166 Department: Compliance Employment type: Permanent - Full time Location(s): London, England Preferred education: Degree or equivalent

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