Compliance Analyst

City of London
£35000 - £40000.00 per annum
09 Nov 2018
09 Dec 2018
MW Appointments
Job Roles
Compliance Officer
Contract Type
Full Time

About the Company:
International Insurance company which looks after the commercial insurance needs of major businesses and professionals. Risks are underwritten through Lloyds, London and Company markets in the UK and Internationally.

About the Role:
An excellent opportunity to join a Legal, Regulatory & Compliance department during an expansion period of the business, both in the UK and internationally. They are looking for an enthusiastic individual who will support the compliance team across a wide range of areas including financial crime, global licensing, and relevant regulatory related matters.

Main duties and accountabilities
·Assist the Compliance team with its regulatory queries and reporting
·Helping with and analysing Sanctions queries, utilising screening software and exception reporting
·Maintain Sanctions Log and filing related correspondence
·Support the production of presentations and papers by gathering the necessary MI, data and supplimentary content, including formatting using Word, Excel, PowerPoint as required for relevant boards and committees
·Monitoring and reporting of complaints, liaising with Lloyd's complaints team and FOS
·Responding to Broker TOBA requests, preparing signed agreements, answering queries
·Reviewing TOBA Due Diligence, document issuance, filing and maintaining of TOBA database
·Dealing with international licensing queries, renewals and monthly exception reporting
·Assist and Complete regulatory returns as required for: US, South America and China
·Sanctions and Financial Crime Exception Reporting
·Assisting with Financial Crime risk assessments
·Evidencing completion of Regulatory returns
·Overseeing of Regulatory Timetables
·Dealing with routine correspondence and general departmental queries
·Assist team members in the completion of key and ad hoc projects
·Maintain an awareness and appreciation of team members' day to day activities to support and provide assistance at all times

Key Experience
·Experience in the insurance industry.
·Develop awareness and communications at all levels within the company
·Strong written and spoken communication skills in the English language
·Passed or be prepared to complete the Lloyd's Introductory Test or Award in London Market Insurance shortly after employment. Completion of the CII Advanced Diploma in Insurance is encouraged.
·Possess good IT (Microsoft Office) skills including Word, Excel, Powerpoint and Outlook and the ability to use or learn our in-house systems
·Passed or be prepared to complete compliance qualifications relevant to the role. Ongoing development is encouraged

Ref 6513

MW Appointments is acting as an Employment Agency in relation to this vacancy.

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