At a Glance
- Tasks: Lead compliance monitoring and improve processes to ensure risk-based activities.
- Company: Join a forward-thinking insurance company that values collaboration and innovation.
- Benefits: Empowerment in decision-making, continuous learning, and a supportive team environment.
- Other info: Opportunity for career growth and to work with a diverse team of experts.
- Why this job: Make a real impact on compliance while growing your skills in a dynamic setting.
- Qualifications: Relevant compliance or regulatory qualifications and experience in financial services.
The predicted salary is between 38250 - 46750 £ per year.
Key Accountabilities
- Deliver and continuously improve the Compliance Monitoring Programme, ensuring activity is risk-based, well-documented and aligned to the Compliance Risk Assessment and Control Register.
- Develop and maintain the compliance monitoring plan, methodology, templates, trackers and reporting processes.
- Complete assigned monitoring reviews within agreed timeframes and escalate delivery risks, delays or concerns promptly.
- Conduct monitoring reviews, thematic reviews, deep dives, file testing, evidence reviews and control effectiveness testing.
- Assess the design and operating effectiveness of compliance controls, ensuring all testing is supported by clear evidence and documented conclusions.
- Identify material control gaps, repeat issues, systemic weaknesses and emerging risks, and recommend appropriate remedial actions.
- Support the Compliance Risk Assessment process by linking monitoring outcomes to key compliance risks, controls, regulatory obligations and risk metrics.
- Track monitoring actions through to resolution, ensuring actions have clear owners, timescales, materiality ratings and validated closure evidence.
- Produce accurate, timely and audience-appropriate reporting, MI, dashboards and KPI updates for management, committees, boards, audit and regulatory purposes.
- Ensure reporting highlights trends, overdue actions, repeat issues, emerging risks and the status of remediation activity.
- Support the effective operation of the Three Lines of Defence model by assessing first-line control effectiveness and constructively challenging business owners.
- Promote a positive compliance culture and provide practical compliance guidance, training and advocacy where required.
- Contribute to the enhancement of the Compliance Monitoring Framework, ensuring it remains aligned to regulatory requirements and evolving expectations.
- Monitor key regulatory control areas, including TOBAs, delegated authority controls, sanctions, TPRM, complaints, compliance training, SMCR/Fit & Proper, and gifts and hospitality.
- Support monitoring of Consumer Duty outcomes, including product reviews, broker and coverholder information sharing, complaints handling, regulatory deadlines and customer outcome MI.
- Build effective relationships with Compliance, Risk Management and first-line stakeholders while maintaining appropriate second-line independence.
- Present monitoring findings clearly, support conclusions with evidence and elevate material issues to the Head of Compliance and relevant governance forums.
- Maintain high professional standards, including confidentiality, objectivity, integrity, mandatory training completion, data protection, information security, Conduct Risk, Consumer Duty, Health & Safety and ongoing professional development.
Knowledge, Qualifications & Demonstrated Experience
- Relevant compliance, insurance, legal, audit, risk or regulatory qualification, or equivalent experience.
- Experience in insurance, reinsurance, financial services compliance, internal audit, risk management or control testing.
- Knowledge of relevant insurance regulatory frameworks, including FCA, PRA, Lloyd’s, BMA and Consumer Duty requirements.
- Strong understanding of the Three Lines of Defence model, the Compliance function and key regulatory obligations.
- Broad knowledge of delegated authority, underwriting governance, financial crime, sanctions, data protection, regulatory reporting, outsourcing, conduct risk, claims and complaints oversight.
- Ability to translate regulatory and compliance knowledge into effective oversight, monitoring and assurance activity.
- Experience using compliance, risk management or audit systems, with Decision Focus or similar system knowledge desirable.
Why Antares?
- Empowerment: Be a part of decision-making processes that shape our future.
- Collaboration: Work with a diverse team of experts who share their knowledge and insights.
- Growth: Access to continuous learning and development programs to enhance your skills.
- Innovation: Thrive in an environment that encourages creativity and forward-thinking.
Join us and be a part of a team that values your contributions and supports your professional journey. Together, we can achieve greatness.
Compliance Monitoring Lead in London employer: LE010 Antares Global Management Limited
Antares Global Management Limited is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of the financial district. Employees benefit from comprehensive professional development opportunities, competitive compensation packages, and a commitment to work-life balance, making it an ideal place for those looking to grow their careers in FP&A. With a focus on meaningful contributions to the Lloyd's market, you will find your role here both rewarding and impactful.
Contact Details:
LE010 Antares Global Management Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Monitoring Lead 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 LE010 Antares Global Management Limited looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Monitoring Lead 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 LE010 Antares Global Management Limited. 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 LE010 Antares Global Management Limited
✨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 LE010 Antares Global Management Limited’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
