At a Glance
- Tasks: Provide compliance advice, manage financial crime frameworks, and support regulatory reporting.
- Company: Dynamic company in the insurance sector with a focus on compliance and governance.
- Benefits: Hybrid working model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with opportunities to work on diverse projects.
- Why this job: Join a proactive team and make a real impact in compliance and risk management.
- Qualifications: Experience in insurance compliance, strong communication skills, and analytical capabilities.
The predicted salary is between 55000 - 65000 € per year.
Location: 5th Floor, 9A Devonshire Square, London, EC2M 4YN
Start date: Immediate
Role type: Permanent, full-time, hybrid
The Opportunity
We are searching for a proactive, versatile and ambitious Senior Compliance Analyst to join our team. Reporting to the Head of Risk & Compliance, this role is ideal for someone who is a compliance generalist with broad experience across regulatory compliance, governance, financial crime and third-party oversight. The right candidate will work as a business partner, assume responsibility for parts of the compliance framework, challenge and contribute ideas to improve our risk and compliance function. Carbon is an entrepreneurial, dynamic company, so there will always be the opportunity to work on wider company projects.
Key responsibilities
- Regulatory Compliance & Advisory: Provide day-to-day compliance advice to business functions, in particular, the underwriting team, on matters relating to financial crime, licensing, conflicts of interest, data protection and ad-hoc. Interpret regulatory change (FCA, Lloyd’s, ICO, etc.) and help implement business-wide updates. Support the Compliance Manager with conduct risk expectations and product governance requirements. Maintain awareness of emerging regulatory trends impacting the MGA and Lloyd’s market and communicate these to the business.
- Policy, Framework & Governance: Support the development, maintenance, and communication of compliance policies, standards, and procedures. Assist in strengthening governance documentation including registers, oversight frameworks, and board and committee reporting. Contribute to Risk & Compliance Committee and Board papers.
- Financial Crime Compliance: Support the financial crime framework including AML/CTF, sanctions, fraud and anti-bribery & corruption. Conduct ad-hoc screening, enhanced due diligence and investigations, as required. Provide advice to the business on financial crime compliance. Maintain financial crime registers, escalation logs and supporting documentation. Assist in reviewing and updating financial crime policies, procedures and training. Work closely with underwriting and DUA to ensure appropriate controls across onboarding and renewal processes.
- Conflicts of Interest Management: Support the operation and maintenance of the conflicts of interest framework. Identify, assess and record actual, potential and perceived conflicts across the business. Maintain the conflicts register and ensure appropriate controls and mitigation strategies are applied. Provide advisory support to the business on conflict management and escalation. Assist in reviewing and updating the conflicts of interest policy and related training materials.
- Third-Party & Outsourcing Management: Support oversight of outsourced service providers and third parties, including critical suppliers. Assist with due diligence, onboarding checks and periodic reviews of third-party performance. Ensure oversight activities align with FCA outsourcing expectations and Lloyd’s requirements. Track actions, issues and remediation arising from third-party reviews.
- Regulatory Reporting: Assist in preparing regulatory reports for the FCA, Lloyd’s and other relevant bodies. Maintain accurate evidence and audit trails of submissions and reporting cycles, including the rollout and management of the regulatory reporting register. Coordinate data collection and validation with internal teams to ensure completeness and accuracy.
- Training & Culture: Support the design and delivery of compliance and financial crime training. Promote a culture of strong conduct, accountability and ethical decision-making.
- Data Protection: Assist with daily data protection queries, DPIAs, breach assessments and record-keeping in partnership with the Data Protection Manager or designated lead. Work closely with the Risk Manager on incident management.
Skills and experience
Essential:
- Proven insurance compliance experience within the Lloyd’s market
- Strong knowledge of FCA and Lloyd’s requirements
- Experience of business partnering and working closely with both internal and external stakeholders
- Excellent written and verbal communication skills
- Strong analytical capability and attention to detail
Desirable:
- Delegated authority oversight
- Knowledge of US & EU regulatory licensing requirements
- Experience in outsourcing and third-party oversight frameworks
- Exposure to sanctions investigations, financial crime escalation handling
- Understanding of conduct risk and product governance
- Involvement in operational resilience testing and management
- SMCR management & training
- Legal qualifications
Senior Compliance Analyst in London employer: Carbon Underwriting
At Carbon, we pride ourselves on being an entrepreneurial and dynamic employer that fosters a collaborative work culture. As a Senior Compliance Analyst, you will have the opportunity to engage in meaningful projects while benefiting from a hybrid working model in the heart of London. We are committed to your professional growth, offering extensive training and development opportunities to enhance your skills in compliance and risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compliance Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance field, attend industry events, and engage on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Compliance Analyst role.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of FCA and Lloyd’s requirements. We recommend doing mock interviews with friends or using online resources to practice common compliance questions. The more confident you are, the better your chances!
✨Tip Number 3
Showcase your analytical skills! During interviews, be ready to discuss specific examples where you’ve tackled compliance challenges. We want to see how you think and solve problems, so come armed with stories that highlight your experience.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Senior Compliance Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Compliance Analyst role. Highlight your experience in regulatory compliance and financial crime, as well as any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past experiences that relate to compliance and governance. Let us know what excites you about working with us at StudySmarter.
Showcase Your Communication Skills:Since excellent written communication is key for this role, make sure your application is clear and concise. Avoid jargon and keep it professional yet approachable. We appreciate straightforwardness and clarity in our communications!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our dynamic team at StudySmarter!
How to prepare for a job interview at Carbon Underwriting
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of FCA and Lloyd’s requirements. Be ready to discuss how you've applied this knowledge in previous roles, especially in regulatory compliance and financial crime. This will show that you're not just familiar with the terms but can actually implement them.
✨Showcase Your Business Partnering Skills
Prepare examples of how you've worked closely with internal and external stakeholders. Think about times when you provided compliance advice or contributed to governance frameworks. This will demonstrate your ability to be a proactive partner in compliance.
✨Be Ready for Scenario Questions
Expect questions that ask how you would handle specific compliance scenarios, like managing conflicts of interest or responding to regulatory changes. Practise articulating your thought process and decision-making skills in these situations to show your analytical capability.
✨Highlight Your Training Experience
If you've been involved in designing or delivering compliance training, make sure to mention it. Discuss how you promote a culture of accountability and ethical decision-making within teams. This will align well with the company's focus on training and culture.
