Compliance Officer – Bournemouth recruitment
The specific role is intended to provide technical regulatory support to the business as well as undertaking monitoring oversight activities. The role will have substantial interaction with the business and other control functions. The position reports to the Head of Compliance. As a member of the Compliance team, the successful candidate will be expected to assist with the following:
- Establish and maintain a means for the Compliance function to test and evidence third party ongoing compliance with the FSA rules and requirements.
- Establish and undertake, on an ongoing basis, a means to evidence that third part outsourcers are complying with FSA’s rules and requirements.
- Provide Compliance advisory services to the business as required on life, pensions and endowment matters.
- Provide technical advice and analysis on the application of relevant rules and policies on the activities of a closed life office general business activities based on an understanding of business strategies and product portfolios.
- Where required preparation and delivery of training.
- Drafting and implementation of new and/or updated policies and procedures relating to the activities of the third party.
- Respond to ad hoc regulatory enquiries.
- Carry out ad hoc business projects, assignments and activities.
- Support Internal and External Audit reviews of business.
- Support FSA reviews.
Experience:
Ideally, an experienced compliance professional who has detailed knowledge of the FSA Rule Books with the experience of also undertaking monitoring activities. Candidates will be expected to demonstrate their technical expertise in relation to the following FSA rule books – COBS, ICOBS, DISP, SYSC as well as the core Principles for Business (incorporating TCF).