Talbot Underwriting is seeking a Chief Compliance Officer to lead and shape the firm’s compliance function at a pivotal stage in its continued growth and strategic development.
Key Responsibilities
- Ensuring that systems are in place to facilitate TUL and its subsidiaries, owned overseas offices and syndicates it manages compliance with all Lloyd’s Acts, Byelaws and regulations and any regulations imposed by the relevant regulators.
- Act as Money Laundering Reporting Officer to ensure that there are systems in place to prevent Talbot being subject to money laundering, financial crime and breaches of applicable sanctions.
- Accountable for the implementation and execution of the Compliance Framework and Local Compliance plan and activities across Talbot.
- Ensuring that the systems and controls are in place for the accurate and timely completion of all returns to Lloyd’s, the PRA/FCA and any other regulatory authority as required.
- Monitoring the development and operation of the systems of management and control across Talbot with specific regard to all regulatory expectations and recommend change if appropriate.
- Maintaining an open and co‑operative relationship with Lloyd’s, the PRA/FCA and other regulatory bodies as appropriate.
- Ensures the compliance team understands the implications of PRA/FCA and Lloyd’s regulation for Talbot and its subsidiary (and appointed representative) Talbot Underwriting Risk Services Ltd.
- Support the team in managing enquiries where applicable from PRA/FCA, Lloyd’s and other regulators to maintain an effective and transparent relationships.
- Manage requirements in respect of regulatory visits and reviews/requirements including compilation/support of compilation of responses on Lloyd’s/PRA/FCA consultative documents where relevant.
- Design systems of control, monitor compliance with company procedures and regulatory standards and maintain the Procedures for Talbot and Talbot owned overseas offices and recommend change in response to changes in the business environment.
- Design compliance training programmes and monitor completion of mandatory training programmes.
- Maintain a good working relationship with, and provide advice to, business areas on compliance issues.
- Understands international compliance developments. Support Group entities with enquiries on business compliance, and overseas offices in relation to fulfilment of business objectives of establishing affiliated offices.
Qualifications
- An experienced compliance leader with significant knowledge and understanding of Lloyd’s compliance and regulatory issues.
- Significant experience overseeing regulatory compliance frameworks and leading teams within the Lloyd’s insurance market.
- Demonstrated ability to influence and work effectively within a highly matrixed organisation with employees at all levels.
- A track‑record of effectively leading and developing teams, developing the strategic direction and creating and enhancing business relationships.
Benefits
Talbot offers a comprehensive Total Rewards Program that provides benefits focused on health, wellbeing, financial security and professional development.
AIG provides equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.
