At a Glance
- Tasks: Ensure compliance with UK regulations and provide advisory support on key compliance risks.
- Company: Join a dynamic international reinsurance company with a diverse team.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Fast-paced environment with opportunities for innovation and continuous improvement.
- Why this job: Be a crucial part of a global compliance team making a real impact.
- Qualifications: Experience in compliance or risk roles, strong communication skills, and attention to detail.
The predicted salary is between 70000 - 90000 £ per year.
Location: London, GB
About the Role
We are looking for an ambitious individual who thrives working in a dynamically changing international environment to join us as a Compliance Officer for our P&C and L&H reinsurance business across EMEA, with a specific focus on the United Kingdom. The role includes acting as SMF 16 ensuring adherence to applicable UK regulatory requirements and industry standards.
The role reflects a broad and hands-on compliance remit, with responsibilities spanning regulatory oversight, advisory, governance, and project work. Typical activities include:
- Acting as the FCA-approved SMF16 Compliance Officer for the UK entity, with accountability under the SMCR framework, including Fitness & Propriety, Conduct Rules, and senior manager engagement.
- Leading and continuously enhancing the compliance framework aligned with relevant external and internal requirements.
- Providing trusted advisory support on key compliance risks including conduct risk, financial crime, and data protection across Reinsurance within EMEA.
- Monitoring and assessing regulatory developments in the UK and EMEA and managing regulatory relationships, including regulatory consultations, filings, and supervisory interactions.
- Providing assurance to management regarding the business's implementation of Compliance Risk Frameworks through oversight of business activities and support of assurance activities.
- Delivering compliance reporting, including contributing to the Group Board reporting and local committee engagement and supporting governance and senior leadership.
- Performing Compliance Risk Assessments and delivering training.
- Collaborating with global compliance teams and contributing to broader EMEA and global compliance strategy and transformation initiatives.
About the Team
This is an exciting opportunity to be a crucial member of the P&C & L&H Reinsurance EMEA Compliance team, as part of a global team. You will report to the Head Compliance P&C & L&H Reinsurance EMEA. The team is internal business client facing with an international footprint and diversity of team members. We provide end-to-end guidance on key Compliance Risks including Anti-Money Laundering, International Trade Sanctions, Anti-Bribery & Corruption, Data Protection, Conduct Risk, and others. Our clients are diverse and are committed to delivering value and innovative services and products in a compliant manner.
About You
You are an experienced Legal, Compliance or Risk professional with experience in carrying out regulatory monitoring activities. You believe in leadership from every seat and will be able to demonstrate that in your day-to-day endeavors. Attention to detail is key, and your ability to prioritise tasks and work collaboratively with stakeholders at all levels is critical to success in this role.
We would like you to have:
- University degree or equivalent qualification.
- Solid experience in compliance, risk or governance related roles with experience in the UK market.
- Good understanding of (re)-insurance regulatory requirements.
- Solid understanding of compliance risks, particularly anti-money laundering, international trade controls, conduct and data protection.
- Ability to take ownership and prioritise and work in a dynamic and changing matrix environment.
- Strong communication, interpersonal and presentation skills.
- Fluent in English, other languages a plus.
Behaviours
We expect that you always act with integrity, regardless of the situation. We are looking for a great teammate that collaborates well but still takes ownership for your own work by effectively prioritising and executing your tasks. This is a fast-paced role where pragmatic thinking, effective time management and the ability to multi-task are key. By demonstrating innovation and the drive for continuous improvement, there are many opportunities to add value to our team!
Compensation & Work Model
The base salary range for this position is between 76,000 GBP and 114,000 GBP (full time equivalent). The specific salary offered considers the requirements, scope, complexity and responsibilities of the role, as well as the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.
Hybrid working model with a minimum of three days per week in the office.
Compliance Officer (UK SMF 16) in London employer: Hispanic Alliance for Career Enhancement
Join a dynamic and innovative team as a Compliance Officer in London, where you will play a pivotal role in ensuring compliance within the P&C and L&H reinsurance sectors across EMEA. Our company fosters a collaborative work culture that values integrity and continuous improvement, offering robust employee growth opportunities and a hybrid working model that promotes work-life balance. With a competitive salary range and a commitment to professional development, we are dedicated to supporting our employees in achieving their career aspirations while navigating the complexities of the regulatory landscape.
Contact Details:
Hispanic Alliance for Career Enhancement Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer (UK SMF 16) in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Hispanic Alliance for Career Enhancement looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Officer (UK SMF 16) in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Hispanic Alliance for Career Enhancement. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Hispanic Alliance for Career Enhancement
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Hispanic Alliance for Career Enhancement’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
