At a Glance
- Tasks: Ensure compliance with FCA regulations and support the team in delivering excellent customer outcomes.
- Company: Join a rapidly expanding MGA with a focus on innovation and growth.
- Benefits: Enjoy 25 days holiday, healthcare cover, and a competitive salary package.
- Other info: Hybrid working model with opportunities for professional development.
- Why this job: Make a real impact in a vital role while developing your career in compliance.
- Qualifications: 3+ years in compliance within an FCA-regulated environment and strong knowledge of regulations.
The predicted salary is between 40000 - 50000 € per year.
Location: Hybrid. Office locations Hornchurch & City of London
Hours: Full time (Part time considered)
Competitive Package
Folgate Underwriting Agency is an established and rapidly expanding MGA, and as part of our ambitious long‑term strategy we are seeking to appoint a Compliance Officer. This is an exciting and important role for an experienced and detail‑driven Compliance Officer to join our team, reporting into the Head of Product and Development, and supporting the COO and wider board to ensure we meet FCA regulatory requirements and deliver consistently good customer outcomes.
About the Role
- Developing and maintaining compliance policies, procedures, and frameworks
- Monitoring regulatory change and advising the business on impacts
- Delivering monitoring, assurance, and internal control testing
- Investigating incidents, breaches, complaints, and conduct issues
- Producing MI and reports for senior management and the board
- Supporting regulatory reporting and engagement
- Designing and delivering compliance training
- Providing compliance input into product governance and Consumer Duty
- Maintaining compliance registers and documentation
About You
- 3+ years’ experience in a compliance role within an FCA‑regulated environment
- Strong knowledge of FCA regulations including ICOBS, Principles for Businesses, Consumer Duty, financial crime, and data protection
- Excellent attention to detail and organisational skills
- Strong written and verbal communication
- A proactive, analytical approach and commitment to continuous improvement
- Confidence using Microsoft Office
Benefits
- 25 days holiday + bank holidays (rising to 27 days after 5 years)
- Healthcare cover after 3 years
- Death in service (4x salary) after 3 years
Compliance Officer in London employer: Folgate Underwriting
Folgate Underwriting Agency is an excellent employer that values its employees by offering a competitive package, including 25 days of holiday plus bank holidays, rising to 27 days after five years, and comprehensive healthcare cover after three years. Our hybrid work culture promotes flexibility and collaboration between our Hornchurch and City of London offices, while our commitment to employee growth ensures that you will have opportunities for professional development and continuous improvement in your compliance career.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and compliance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its compliance practices. Be ready to discuss how your experience aligns with their needs, especially around FCA regulations. Show them you’re not just a fit, but the perfect fit!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email reiterating your interest in the role. It shows professionalism and keeps you on their radar.
✨Tip Number 4
Apply through our website for the best chance at landing that Compliance Officer role! We love seeing candidates who take the initiative to engage directly with us. Plus, it makes tracking your application easier!
We think you need these skills to ace Compliance Officer in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Officer role. Highlight your experience in FCA-regulated environments and any specific compliance activities you've managed. We want to see how your skills align with 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 passionate about compliance and how your background makes you a great fit for our team. Don’t forget to mention your knowledge of FCA regulations and your proactive approach.
Showcase Your Attention to Detail:As a Compliance Officer, attention to detail is key. In your application, make sure there are no typos or errors. We appreciate candidates who take the time to present their work meticulously, just like we do in our compliance activities!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team at Folgate Underwriting Agency!
How to prepare for a job interview at Folgate Underwriting
✨Know Your FCA Regulations
Make sure you brush up on your knowledge of FCA regulations, especially ICOBS and Consumer Duty. Being able to discuss these in detail will show that you're not just familiar with the rules but can also apply them practically.
✨Showcase Your Attention to Detail
As a Compliance Officer, attention to detail is crucial. Prepare examples from your past experience where your meticulous nature helped prevent issues or improved compliance processes. This will demonstrate your fit for the role.
✨Prepare for Scenario Questions
Expect scenario-based questions where you'll need to demonstrate your analytical skills and problem-solving abilities. Think about potential compliance breaches and how you would handle them, as this will highlight your proactive approach.
✨Communicate Clearly and Confidently
Strong communication skills are key in this role. Practice articulating your thoughts clearly and confidently, especially when discussing complex compliance topics. This will help you make a positive impression during the interview.
