Reporting to the Head of Compliance Monitoring and Operations, the Compliance Analyst plays an important role in supporting the compliance function in delivering the organisation's compliance plan, including the operation of an effective compliance programme and all compliance systems and controls applicable to the business.
The role has a broad and varied remit covering licensing, financial crime, conflicts of interest, complaints, data protection, and regulatory compliance controls, alongside monitoring the effectiveness of those controls. The Compliance Analyst will also support the compliance leadership team by providing input into strategic projects as required.
About the Role
Act as a first point of contact for compliance queries, undertaking initial assessment and triage, providing risk-sensitive regulatory guidance where appropriate, and escalating complex or higher-risk matters to the relevant Compliance Manager.
Support the management of the financial crime framework, including conducting sanctions screening investigations using industry-standard screening tools, escalating potential matches where appropriate, and providing risk-based advice to business stakeholders.
Support the Compliance Team in delivering first-line compliance education and awareness initiatives, including the development and delivery of training, guidance materials and communications to promote a strong compliance culture across the business.
Support the management of the organisation's data protection framework where required, including coordinating Data Protection Impact Assessments (DPIAs), advising stakeholders on applicable regulatory requirements, identifying emerging risks, and supporting the implementation of appropriate controls, oversight and governance measures.
Maintain, review and enhance compliance policies, procedures, standards, guidance documents and supporting materials, ensuring they remain accurate, accessible, current and aligned with regulatory and business requirements.
Prepare compliance management information, reporting, governance updates and regulatory metrics for senior management, committees and other stakeholders.
Operate and maintain compliance frameworks, systems, controls, policies and procedures to ensure ongoing compliance with applicable regulatory requirements and internal standards.
Assist with the handling ...
Compliance analyst in East Kilbride employer: IPS Group
Join a dynamic and supportive team at our well-established insurance brokerage, where your expertise as an Account Executive/Account Director will be valued and nurtured. We offer a collaborative work culture that prioritises professional development, providing you with opportunities to enhance your skills and advance your career in the thriving commercial insurance sector. Located in a vibrant area, our company also promotes a healthy work-life balance, ensuring that you can thrive both personally and professionally.
