At a Glance
- Tasks: Lead compliance efforts and ensure regulatory adherence across multiple regions.
- Company: Join a reputable organisation focused on compliance in the financial services sector.
- Benefits: Competitive salary, professional development, and a chance to make a real impact.
- Other info: 14-month interim role with opportunities for growth and leadership experience.
- Why this job: Shape compliance strategies and work closely with regulators in a dynamic environment.
- Qualifications: Experience in compliance, strong communication skills, and a degree in a related field.
The predicted salary is between 75000 - 100000 £ per year.
As the Director, UK Compliance, you will be responsible for ensuring the organisation meets regulatory requirements across multiple regions, while advising leadership, managing compliance risk frameworks, maintaining policies, and acting as the primary interface with regulators. You will primarily be responsible for activity that provides assurance to the Board of A.M. Best Europe Rating Services Ltd. AMBERS (AM Best’s FCA registered entity) that the Company is complying with relevant CRA Regulation and industry legislation. This role is an interim role to provide maternity leave cover for a period of circa 14 months. The role is not currently subject to the UK Senior Managers and Certification Regime (SMCR). You will report to the Senior Managing Director, Risk and Compliance.
Responsibilities
- Maintain a thorough understanding of relevant laws and regulatory requirements in the jurisdictions where AMBERS is licenced (e.g. UK, Kenya, DIFC etc.), working with the Senior Managing Director, Risk and Compliance to provide advice and guidance.
- Provide advice in relation to potential development of products and services.
- Work with direct report to ensure compliance training is provided to employees.
- Support and oversee the implementation of the compliance monitoring programme, identifying, assessing, monitoring and reporting all material compliance risks.
- Provide periodic and ad-hoc information and reports to regulators as required.
- Provide regular reports to the AMBERS Board to give assurance that the business is meeting its regulatory objectives.
- Provide timely management information on compliance and regulatory issues to senior management including advice on remedial steps.
- Develop and maintain local legal and compliance policies and procedures to comply with statutory and regulatory requirements.
- Communicate with regulators in respect of compliance issues.
- Take a leading role in preparing for meetings and inspections with regulators and to review and provide input on relevant Consultation Papers.
- Manage and support a direct report, providing oversight and guidance, conducting performance reviews, setting objectives and having regular 1:1 meetings.
What we are looking for
- A compliance / regulatory professional with a broad range of skills (including compliance monitoring, risk assessment, and advice) possibly gained from working in a small organisation or the subsidiary operation of a larger group.
- Experience of working within financial services sector (ideally within either the insurance or CRA sector) is required.
- Communicating with regulators, including preparing for meetings and inspections with regulators.
- Excellent verbal and written communication skills with the ability to clearly and confidently express observations and recommendations.
- High level of accuracy and attention to detail.
- Strong organisational skills and ability to manage multiple tasks simultaneously.
- Educated to degree level, ideally with a legal background or related subject.
Director, UK Compliance (FTC- 14 months) in London employer: AM Best
A.M. Best Europe Rating Services Ltd. offers a dynamic and supportive work environment for the Director, UK Compliance role, where you will play a crucial part in ensuring regulatory compliance across multiple regions. With a strong emphasis on employee development, you will have access to comprehensive training and growth opportunities, all while working in a collaborative culture that values integrity and excellence. Located in the heart of the financial services sector, this position not only provides meaningful work but also the chance to engage directly with regulators and influence compliance practices within the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Director, UK Compliance (FTC- 14 months) in London
✨Dive into Industry Groups
Join compliance and risk management groups on platforms like LinkedIn and Facebook. These communities often share temp job postings and insights. You’d be surprised at how many temporary gigs float around through word of mouth!
✨Showcase Your Expertise
Consider creating content on compliance topics that get you noticed—think LinkedIn articles or even a blog. This not only shows off your knowledge but can grab the attention of companies like AM Best when they’re searching for someone to fill a temporary position.
✨Tap into Recruitment Agencies
Reach out to recruitment agencies that specialise in compliance and risk roles. They’re usually in touch with companies looking to fill temporary roles, which can save us a lot of time in our job search.
✨Go Local with Networking
Attend local compliance and risk seminars or workshops. Meeting professionals in our area can open up temp opportunities, and it’s a great way to make your face known in the industry—plus, you might even meet someone from AM Best!
We think you need these skills to ace Director, UK Compliance (FTC- 14 months) in London
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Director, UK Compliance (FTC- 14 months), make sure to highlight your understanding of industry regulations and risk management principles. Mention any relevant coursework, certifications, or projects that showcase your expertise in these areas—it's what sets you apart!
Highlight Your Analytical Skills:In the compliance-risk field, strong analytical skills are essential. Talk about your experiences that required critical thinking and data analysis, whether in past roles, internships, or academic projects. Show us how you've identified risks and implemented solutions in the past.
Tailor Your CV for the Temporary Role:Since this is a temporary role, focus on your availability and flexibility in your CV. Highlight any previous short-term roles or projects that demonstrate your ability to adapt quickly and deliver results in a fast-paced environment. This helps employers see you as an easy fit in their team!
A Concise Cover Letter is Key:Keep your cover letter short and focused! Explain why you're interested in the compliance-risk area specifically for this temporary position at AM Best. Mention what you hope to learn and achieve, showing your enthusiasm and motivation to contribute positively during your time there.
How to prepare for a job interview at AM Best
✨Know Your Compliance Basics
Make sure you're clued up on the key compliance and risk regulations pertinent to the industry you're applying to. Understanding frameworks like GDPR or AML will not only impress but also show that you’re ready to hit the ground running in your temporary role at AM Best.
✨Prepare for Scenarios
Expect scenario-based questions that test your problem-solving skills. They might ask how you'd handle a specific compliance issue. Think through real situations you’ve encountered in past roles or study hypothetical cases to showcase your analytical skills and practical judgement during the interview.
✨Highlight Your Adaptability
Since this is a temporary position, emphasise your ability to adapt quickly to new environments and team dynamics. Share examples of how you’ve successfully adjusted to changes in past roles and how this flexibility can benefit AM Best in the short term.
✨Gather Your Technical Tools
Familiarise yourself with commonly used compliance tools or software, as they might come up in the interview. If you've used tools for risk assessments or compliance tracking, mention those and be ready to discuss how they can streamline processes at AM Best.
