COMPLIANCE MONITORING MANAGER
My client a major financial insurance provider is currently recruiting for a compliance monitoring manager to join there experienced team.
Job Purpose
- Manage a team of approx. 2 – 5 FTE to deliver monitoring plan to Compliance Plan 2017 schedule.
- Assist in drafting and documenting monitoring procedures, sampling methodologies to appropriate standards
- Ensure thematic reviews and regular monitoring feedback is of appropriate standard
- Ensure monitoring teams outputs reflect risk profile of business and messaging received at appropriate level.
- Feed into regular reporting cycle and Compliance committees
- Responsibility for linking into Group Risk and Compliance record keeping
- Ensure team has resources and competencies to deliver to plan.
- Strong technical background – subject matter expert on Domestic Life Assurance and Pensions regulations: Solvency II, CPC etc F&P, IMD
- Remain up to date with upstream legislation and risk challenges facing the organisation.
- Implementing new technologies to support monitoring function activities
- Delivery of periodic and thematic monitoring elements of Company Compliance plan..
- Key Dimensions (annual revenues, costs, headcount, programme spend, etc., quantified where possible)
- Approx. 5 direct reports
Requirements
- Audit / Monitoring background
- 5+ years’ experience in financial services/insurance with strong technical understanding of regulatory environment
- Strong organisational skills to plan and re-plan monitoring agenda as required in changing environment
- Professional qualification (ACOI or other relevant discipline) would be preferable.
- Team management experience
