At a Glance
- Tasks: Design and execute compliance monitoring to ensure regulatory adherence across various business lines.
- Company: Join NFP, a dynamic company part of the Aon group, making a global impact.
- Benefits: Enjoy competitive pay, hybrid working, generous leave, and comprehensive health support.
- Other info: Be part of a culture that values wellbeing, inclusion, and community engagement.
- Why this job: Make a real difference in compliance while learning from industry experts.
- Qualifications: Extensive knowledge of FCA/CBI regulations and experience in compliance monitoring required.
The predicted salary is between 50000 - 60000 £ per year.
We’re hiring for a Compliance Monitoring Manager to support our growing Compliance team! To keep up with our growth in the UK and Ireland, we’re looking for a dedicated Compliance Monitoring Manager to design and execute risk-based compliance monitoring across NFP Group providing senior management with insight and information on the Group’s compliance with applicable FCA and CBI requirements. You will provide support for all business lines (Commercial Insurance, Employee Benefits and Financial Planning) in both the UK and ROI.
The ideal candidate will have extensive knowledge of FCA/CBI requirements and guidance, relevant compliance qualifications and experience of designing and delivering compliance monitoring activity. We’re looking for someone with:
- Extensive knowledge of FCA/CBI regulation in respect of insurance distribution, Financial Planning and employee benefits activities in particular knowledge of SYSC, PROD, COBS, ICOBS, DISP, Consumer Duty, Consumer Protection Code (CBI)
- Ability to interpret FCA/CBI regulation and determine suitable practical application
- Ability to determine whether good client outcomes have been achieved within the context of regulatory principles
- Demonstrable experience in compliance monitoring roles within the financial services sector, preferably in the intermediary market
- Relevant qualifications such as ICA or CII; Certified level as a preferred minimum, Diploma level desirable
- Demonstrable verbal and written communication and stakeholder management skills
Using these skills, you’ll be:
- Assessing regulatory risk with regard to insurance distribution, employee benefits and financial planning activities
- Designing a risk-based monitoring plan which provides insight into the firm's compliance and adherence to regulatory standards
- Designing suitable methodologies for compliance monitoring activity including appropriate testing criteria and the engagement of relevant stakeholders
- The timely completing of monitoring activities in accordance with the risk-based plan
- The production of clear, accurate and balanced monitoring reports
- Developing and building relationships with key stakeholders in all business lines
- Representing the compliance division to the business and providing suitable technical advice on compliance and standards to meet
What you’ll love about working here:
- Working in a dynamic, fast-paced organisation in an exciting industry
- The opportunity to do globally impactful work from day one
- Learning from industry and business line specialists with decades of experience
- A huge variety of projects to work on and challenges to solve
- Our People First culture, which illustrates our commitment to your wellbeing and development, not just as an employee but as a human being
- A rich suite of employee benefits and out-of-work perks
The great benefits we offer:
- Finances: It’s important to know you’re paid fairly for the hard work you put in, which is why we complete regular reviews to keep your salary in line as you progress. Plus, we offer initiatives to support and give you financial peace of mind.
- Matched employer pension contributions
- Life Assurance and Group Income Protection
- Lifestyle discounts for well-known brands
Work-life balance: We appreciate the importance of your life outside of work and the benefits of an effective work-life balance. That’s why our policies and culture respect your ability to be flexible, helping you be your best self both in and out of the office.
- Opportunity for hybrid working
- Generous annual leave allowance
Health and wellbeing: We firmly believe in supporting the whole person, not just the employee. At NFP, you have access to a number of initiatives and resources designed to support your physical and mental health and wellbeing.
- Comprehensive Private healthcare
- Healthcare cash plan
- Additional days off throughout the year to focus on your wellbeing
Charity and community work: At NFP, your sense of purpose will stretch far beyond your job role. With numerous opportunities to support charities and local initiatives close to our heart, you’ll be able to join us in making a real difference.
- Numerous charity fundraising challenges and events throughout the year
- Opportunities to volunteer and give back to the community
- Award-winning apprenticeship program, helping local schoolchildren take their first steps into the world of work
Social: It’s not all hard work; we also love to let our hair down. By providing plenty of opportunities to socialise with your colleagues throughout the year, we help ensure our people get on personally as well as professionally.
- Two large employee events every year for summer and Christmas
- Enjoy out-of-work events and socials to get to know your team better
- Good office locations with plenty of opportunity to socialise outside of work
Inclusion and belonging: We’re proud holders of Insurance Business Magazine’s 5-Star Inclusion and Belonging Employer award. Through our dedicated Inclusion and Belonging committee, we hold educational events that foster a culture of curiosity, not judgement.
- A dedicated Inclusion and Belonging Committee, supported by our Global Advisory Board
- Inclusive policies and procedures to ensure all of our people are treated fairly
- Access to Business Resource Groups that can support with multiple key challenges
NFP is an inclusive Equal Employment Opportunity employer.
Compliance Monitoring Manager employer: Aon
NFP is an exceptional employer, offering a dynamic and fast-paced work environment where you can make a global impact from day one. With a strong commitment to employee wellbeing and development, our People First culture ensures that you are supported both professionally and personally, complemented by a rich suite of benefits including hybrid working options, comprehensive healthcare, and opportunities for community engagement. Join us to thrive in a collaborative atmosphere that values inclusion and fosters growth across all business lines in the UK and Ireland.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Monitoring Manager
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Aon looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Monitoring Manager
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Aon. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Aon
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Aon’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
