At a Glance
- Tasks: Support compliance with regulations and internal policies while conducting audits and risk assessments.
- Company: Join a rapidly growing Insurance Group providing underwriting and claims services.
- Benefits: Enjoy hybrid work options and occasional travel opportunities within the UK and overseas.
- Why this job: Be part of a crucial role that shapes compliance culture and impacts business success.
- Qualifications: Experience in compliance within Insurance or Financial Services and knowledge of UK GDPR required.
- Other info: Opportunity to train and support employees on data protection compliance.
The predicted salary is between 28800 - 48000 £ per year.
Job Description
Compliance Specialist | Ipswich | Competitive Salary + Benefits
Ready to Join a High-Performing Compliance Team Where Your Expertise Truly Matters?
Are you looking for a role where you can make real impact, work with supportive colleagues, and grow your compliance career? Here's your chance.
What's In It For You:
- Join a collaborative, solution-focused team that values your input
- Supportive environment that encourages innovative thinking
- Work alongside dedicated professionals who take pride in their work
- Opportunity to shape and enhance compliance processes
- Full-time, permanent position with competitive benefits package
The Role:
You'll be joining a dynamic team where your expertise in anti-money laundering and Due Diligence will be highly valued. This isn't just about following procedures – it's about bringing your analytical mindset to help shape best practices and drive improvements.
Your Impact:
- Lead on customer due diligence and KYC processes
- Drive AML screening activities and investigations
- Contribute creative solutions to complex compliance challenges
- Shape policy improvements that make a real difference
- Build strong relationships across the business
You'll Thrive Here If You Have:
- 3+ years in financial services compliance or regulatory environment
- Strong knowledge of AML regulations and KYC/CDD requirements
- Experience in FCA regulated environments
- Natural problem-solving abilities and attention to detail
- Collaborative approach with excellent communication skills
Our Client offers a friendly, inclusive environment where proactive thinking is celebrated and your development is prioritised.
Ready to join a team that values your expertise? Contact Employment Specialists Ltd
Compliance Officer employer: Employment Specialists Ltd
Contact Detail:
Employment Specialists Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Officer
✨Tip Number 1
Familiarize yourself with the specific compliance regulations and standards relevant to the insurance industry, especially the UK GDPR. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the compliance field, particularly those working in insurance or financial services. Attend industry events or join online forums to gain insights and potentially get referrals.
✨Tip Number 3
Prepare to discuss real-life scenarios where you've identified and mitigated compliance risks. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively during interviews.
✨Tip Number 4
Showcase your ability to communicate complex compliance issues clearly. Practice explaining compliance concepts to someone without a compliance background, as this skill is crucial for the role.
We think you need these skills to ace Compliance Officer
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Compliance Officer position. Understand the key responsibilities and required skills, such as compliance experience in the Insurance or Financial Services Industry and knowledge of UK GDPR.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the Compliance Officer role. Emphasize your compliance experience, understanding of legislation, and any previous roles that involved risk assessments or audits.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your passion for compliance and your ability to communicate complex regulations effectively. Mention specific examples from your past experiences that demonstrate your problem-solving skills and ability to build relationships.
Highlight Communication Skills: Since excellent verbal and written communication is crucial for this role, ensure that your application reflects your ability to communicate clearly. Use concise language and provide examples of how you've successfully communicated compliance-related information in previous positions.
How to prepare for a job interview at Employment Specialists Ltd
✨Show Your Compliance Knowledge
Make sure to brush up on your understanding of UK GDPR and other relevant legislation. Be prepared to discuss how these regulations impact the insurance industry and provide examples of how you've applied this knowledge in previous roles.
✨Demonstrate Problem-Solving Skills
Prepare to share specific instances where you've identified compliance risks and implemented solutions. Highlight your critical thinking abilities and how you approach complex problems, as this is crucial for the role.
✨Communicate Effectively
Since excellent verbal and written communication skills are essential, practice articulating your thoughts clearly. Be ready to explain complex compliance concepts in simple terms, showcasing your ability to communicate with various stakeholders.
✨Build Rapport with Stakeholders
Think about how you can demonstrate your relationship-building skills during the interview. Share examples of how you've collaborated with different business units to foster a culture of compliance and ensure everyone understands their responsibilities.