Compliance Analyst London

As a Compliance Analyst in the Global Compliance Function, across 6 operating jurisdictions, you will support the delivery of the Compliance Programme, ensuring compliance with regulatory requirements across the regulated entities. Over time, you will have involvement across all 4 Compliance Pillars: Financial Crime Prevention, Compliance Assurance, Compliance Advisory, Compliance Operations.

This opportunity requires strong stakeholder management, interpersonal, critical thinking, analytical, time management and organisational skills. You will need to have a keen interest in insurance, reinsurance, compliance and regulation and demonstrate a proactive, enthusiastic attitude to learning, including using existing procedures combined with analytical skills to solve problems and analyse information to make professional judgements. You should be able to adapt to changing circumstances in a fast-paced environment, including unexpected and unforeseen developments, and embrace the organisation’s positive, supportive can-do culture by demonstrating a willingness to ‘go the extra mile’ and help others.

What you will be doing:

• Perform sanctions screening on customers, transactions and counterparties.
• Review and assess requests for advice from the first and other second line functions, work with senior team members to develop appropriate responses.
• Contribute to the annual refresh of Financial Crime policies, procedures and training materials.
• Carry out routine fieldwork for compliance assurance, including the application of test banks around the effectiveness of controls designed to ensure regulatory compliance.
• Contribute to first draft compliance assurance reporting, including the background/context, scoping and methodology used in assurance engagements.
• Contribute to first draft observations garnered from compliance assurance fieldwork, demonstrating critical thinking and analytical skills.
• Assist with stakeholder management by ensuring meetings are well planned, making use of agendas, and diligent notes are taken during meetings on content, including next steps and agreed actions.
• Contribute to Compliance Assurance process documentation, such as the risk assessment, plan and remediation actions tracker.
• Support Regional Compliance Officers in identifying and analysing upcoming regulatory change and impact on Group entities.
• Support the wider Compliance function by cataloguing and mapping rules, regulations and laws which Group entities must adhere to.
• Prepare Regulatory returns prior to review and submission by regional Compliance Officers.
• Identify and evaluate requests for advice, research subject and discuss appropriate response with line manager to agree response.
• Support Regional Compliance Officers by reviewing company policies for adherence to local regulations, identifying any gaps and discussing these with Regional Compliance Officers before advising document owners.
• Support the Compliance team by preparing initial templates of reports, such as those for the board and various committees.
• Triage and respond to inquiries directed to the Compliance team, including policy management support and KYC requests.
• Monitor, track, and follow up with document owners to ensure the review and approval process is completed on schedule.

What you will bring:

• Bachelor’s degree in any degree discipline (Law, Business, Finance, Accounting preferred).
• Excellent oral and written communication skills.
• Ability to work independently and as part of a broad, diverse and global team.
• Ability to build strong partnering relationships with a wide range of stakeholders.
• Analytical, with good attention to detail.
• Strong organisational skills and ability to work on multiple tasks.
• Ability to appreciate the importance of, track, and meet deadlines, and manage stakeholders’ expectations.
• Experience with Microsoft Office suite (Word, Excel, Powerpoint) preferred.
• Understand the Compliance mission and contribute to the work of the Compliance function under guidance from management.
• Take a pro-active approach to develop professional and technical skills.
• Develop interpersonal skills designed to foster good relationships with stakeholders within and outside of the function.
• Understand functional procedures and use them to analyse and solve problems.
• Work towards and meet deadlines, delivering high quality work on a consistent basis.

Who we are:

Enstar Group Limited (“Enstar” or “EGL”) is a leading global insurance group. Through our network of group companies, we help others – principally other insurance companies – release capital by taking over liability portfolios which no longer make strategic sense for them to hold. We create value by better managing these “run-off” insurance portfolios and strive to generate attractive risk-adjusted returns from our investment portfolio.

Enstar’s solutions allow our partners to release capital, dispose of non-core businesses and portfolios, achieve early finality on legacy insurance contracts and manage claims volatility. In return, Enstar drives earnings through savings arising from our technical excellence and from investment earnings on the reserves we hold.

At year-end 2023 we had completed 117 transactions since the 2000. Today, Enstar is the industry’s largest standalone run-off consolidator. With around 800 global employees, our network of group companies has a significant physical presence in Bermuda, where our headquarters are located, the United States, the United Kingdom, continental Europe, and Australia. Enstar maintains a strong balance sheet. We hold long-term issuer ratings of BBB+ with stable outlook by S&P and Fitch. Enstar’s capital base continues to grow, reaching $7.4 billion at the end of 2023, including $5.6 billion of shareholders’ equity and total debt of $1.8 billion.

A market leader in the run-off space, Enstar leverages its expertise in claims management, risk analysis, and investments to generate value. These services make Enstar different, something unique. A characteristic that is core to our culture: we encourage an entrepreneurial spirit, our colleagues have autonomy to shape strategy, innovate new revenue streams and we reward those who are commercially focused.

NIMBLE We are quick to respond to change. We embrace new technology and new lines of business according to market demands. We grasp new concepts quickly, are able to deliver in a timely manner and can improvise when needed.

SOLUTIONS FOCUSED We are resilient, successful, have a winning mentality, possess a strong work ethic. We believe in getting it done.

TEAMWORK Our strength is working together as a Group, across regions, companies and disciplines. We firmly believe the sum of our collective effort, knowledge and ambition will always outweigh our individual contributions. We work as a trusted partner to our clients.

AWARE We use our knowledge and experience to stay aware of market trends, acquisition opportunities and other influencers that could impact us and our competitors. Our constant awareness means that we are vigilant, innovative and responsive.

RELEVANT At all times we strive to undertake actions that are relevant to help us achieve our vision, and to ensure we remain a provider of relevant insurance solutions to the market. We have shown a capacity to evolve and will continue to do so in order to ensure our ongoing relevance to the market.

Equal Opportunities at Enstar: Our annual Inclusivity Index puts Enstar ahead of the industry in terms of diversity and inclusivity. At Enstar, we value all types of diversity. We’re an equal opportunity employer and believe that our diversity creates an authentic working culture. We don’t discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation. Enstar is committed in providing an accessible recruitment experience for all those interested in working with us. Please let your Enstar Recruitment Partner know if you require any reasonable accommodation during the application process due to a disability to enable you to fully participate in our recruitment process.