At a Glance
- Tasks: Join our team to develop compliance strategies and provide regulatory advice.
- Company: We're a leading insurance company focused on compliance and risk management.
- Benefits: Enjoy flexible working options and a supportive team culture.
- Why this job: Make a real impact in compliance while growing your career in a dynamic environment.
- Qualifications: Experience in accountancy or regulatory bodies with knowledge of UK regulations required.
- Other info: We value diversity and encourage applicants from all backgrounds.
The predicted salary is between 36000 - 60000 £ per year.
We are working in partnership with a well-established insurance company that is seeking a Compliance Analyst to join their growing team. This is a fantastic opportunity for a compliance professional with UK regulatory experience within a practice or regulatory body to take on a varied and impactful role.
Key Responsibilities:
- Help develop and implement a company-wide Compliance and Risk strategy.
- Organise and facilitate compliance training and communications across the business.
- Prepare regulatory applications to ACCA/ICAEW or similar bodies for newly acquired entities.
- Provide compliance advice and respond to regulatory queries.
- Maintain and update regulatory policies and firmwide risk assessments.
- Ensure GDPR requirements are understood and applied.
- Support the drafting and implementation of new regulatory guidelines.
- Manage and maintain relationships with relevant professional bodies.
About You:
- Experience working in an accountancy firm or regulatory body (eg ICAEW, ACCA, ICAS).
- Solid understanding of UK regulatory requirements in a practice or regulatory context.
- Strong knowledge of CDD, AML, and complex group structures.
- Proactive and self-motivated with a keen interest in compliance trends.
- Holds a UK driving licence with the ability to travel to multiple office locations as required.
Compliance Analyst employer: JM Group
Contact Detail:
JM Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Analyst
✨Tip Number 1
Familiarise yourself with the latest UK regulatory requirements and compliance trends. This will not only help you in interviews but also demonstrate your proactive approach to staying updated in the field.
✨Tip Number 2
Network with professionals in the compliance sector, especially those who have experience with ACCA or ICAEW. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've implemented compliance strategies or handled regulatory queries in your previous roles. Real-life scenarios can showcase your expertise effectively.
✨Tip Number 4
Research the insurance company’s current compliance policies and any recent changes in regulations that may affect them. This knowledge can set you apart during discussions and show your genuine interest in the position.
We think you need these skills to ace Compliance Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in compliance, particularly within UK regulatory frameworks. Emphasise any roles you've had in accountancy firms or regulatory bodies like ICAEW or ACCA.
Craft a Strong Cover Letter: In your cover letter, explain why you're passionate about compliance and how your background aligns with the responsibilities of the Compliance Analyst role. Mention specific experiences that demonstrate your understanding of CDD, AML, and regulatory policies.
Showcase Relevant Skills: Highlight skills that are crucial for the role, such as your ability to organise training sessions, prepare regulatory applications, and maintain relationships with professional bodies. Use examples to illustrate these skills in action.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for a Compliance Analyst.
How to prepare for a job interview at JM Group
✨Know Your Regulations
Make sure you have a solid understanding of UK regulatory requirements, especially those related to compliance and risk management. Brush up on your knowledge of CDD, AML, and the specific regulations that apply to the insurance sector.
✨Showcase Your Experience
Be prepared to discuss your previous roles in accountancy firms or regulatory bodies. Highlight specific examples where you've successfully implemented compliance strategies or handled regulatory queries, as this will demonstrate your expertise.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills in compliance situations. Think about how you would handle various compliance challenges and be ready to articulate your thought process clearly.
✨Demonstrate Proactivity
Employers are looking for candidates who are proactive and self-motivated. Share instances where you've taken the initiative to improve compliance processes or stay ahead of compliance trends, showing that you're not just reactive but also forward-thinking.