At a Glance
- Tasks: Provide compliance advice, manage financial crime frameworks, and support regulatory reporting.
- Company: Join a dynamic and entrepreneurial company in the heart of London.
- Benefits: Enjoy a competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and contribute to exciting company projects.
- Why this job: Make a real impact on compliance and governance in a fast-paced environment.
- Qualifications: Proven insurance compliance experience and strong knowledge of FCA and Lloyd’s requirements.
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 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 work model in the heart of London. We are committed to employee growth, offering continuous learning opportunities and a supportive environment that encourages innovation and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compliance Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance field, especially those who work in the Lloyd’s market. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA and Lloyd’s requirements. We want you to be able to discuss how you can contribute to the compliance framework and tackle financial crime effectively.
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of how you've tackled compliance challenges in the past, especially in areas like conflicts of interest or third-party oversight. We love a candidate who can think critically!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our dynamic team at Carbon.
We think you need these skills to ace Senior Compliance Analyst
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, financial crime, and governance. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Share specific examples of your past work that relate to the responsibilities listed in the job description.
Showcase Your Communication Skills:Since excellent written communication is key for this role, make sure your application is clear and concise. We love a well-structured application that reflects your attention to detail and analytical capabilities.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
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 navigated regulatory changes in the past and how you can apply that experience to the role.
✨Show Your Analytical Skills
Prepare examples that showcase your analytical capabilities. Think about times when your attention to detail made a difference, especially in compliance or risk management scenarios.
✨Be a Team Player
This role involves working closely with various teams, so be ready to talk about your experience in business partnering. Highlight how you've collaborated with internal and external stakeholders to achieve compliance goals.
✨Stay Current on Trends
Familiarise yourself with emerging regulatory trends impacting the industry. Bring insights to the interview about how these trends could affect the company and suggest proactive measures they could take.
