At a Glance
- Tasks: Lead compliance monitoring activities and ensure adherence to regulatory standards.
- Company: Join Howden, a global insurance group with a unique employee-owned culture.
- Benefits: Enjoy work/life balance, career progression, and opportunities for volunteering.
- Why this job: Make a positive impact while collaborating with a diverse international team.
- Qualifications: Experience in compliance monitoring and strong analytical skills required.
- Other info: Flexible working options available to suit your needs.
The predicted salary is between 36000 - 60000 £ per year.
Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 23,000 employees spanning over 56 countries. People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.
The Role
This position is for a Senior Compliance Monitoring Officer within Howden. The role focuses on delivering compliance monitoring activities across multiple business units, ensuring adherence to regulatory standards and internal governance frameworks. You will lead and perform both BAU monitoring and thematic reviews, assessing policies, procedures, systems, and controls. The role involves composing detailed reports with findings and suggestions, guaranteeing the precision and efficiency of compliance controls and metrics.
What You'll Be Doing
- Develop and implement the annual Compliance Monitoring Plan for the operating unit.
- Resolve work priorities and activities aligned with compliance objectives.
- Deliver distinct elements of the Compliance Monitoring Framework and Plan.
- Liaise with Compliance Business Partners, Internal Audit, and other stakeholders.
- Conduct monitoring reviews and thematic assessments across business units.
- Identify and recommend improvements to improve compliance frameworks.
- Manage remediation plans and follow-up actions for identified compliance risks.
- Prepare and present reports detailing findings and recommendations.
- Provide mentorship and support to business units during busy periods.
- Ensure timely completion of all assigned monitoring activities.
Who We're Looking For
- Proven experience in compliance monitoring or a similar role.
- Knowledge of FCA regulations and governance frameworks.
- Strong analytical and reporting skills.
- Familiarity with risk assessment methodologies.
- Strong understanding of compliance principles, policies, and regulatory requirements.
- Excellent communication and stakeholder leadership skills.
- Detail-oriented with strong interpersonal capabilities.
- Proactive approach to problem-solving and process improvement.
- Ability to work independently and manage competing priorities.
- Skilled in preparing clear, concise reports and recommendations.
Qualifications
- Professional compliance qualification (desirable).
A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:
- Our successes have all come from someone brave enough to try something new.
- We support each other in the small everyday moments and the bigger challenges.
- We are determined to make a positive difference at work and beyond.
Reasonable adjustments
We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working. If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
Permanent
Senior Compliance Monitoring Officer employer: London Insurance Life
Contact Detail:
London Insurance Life Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compliance Monitoring Officer
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Howden on LinkedIn. A friendly chat can give you insider info about the company culture and maybe even a referral!
✨Tip Number 2
Prepare for the interview by diving deep into compliance regulations and Howden's values. Show us how your experience aligns with their mission and how you can contribute to their no-limits mindset.
✨Tip Number 3
Practice your reporting skills! Be ready to discuss how you've tackled compliance challenges in the past. We want to hear about your analytical approach and how you’ve made a positive impact.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the Howden team.
We think you need these skills to ace Senior Compliance Monitoring Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Compliance Monitoring Officer role. Highlight your compliance monitoring experience and any relevant qualifications to catch our eye!
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 values align with Howden's culture. Be genuine and let your personality come through.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, include examples of how you've successfully assessed compliance frameworks or resolved compliance issues in the past. Numbers and outcomes can really make your application stand out!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at London Insurance Life
✨Know Your Compliance Stuff
Make sure you brush up on FCA regulations and governance frameworks before the interview. Being able to discuss these topics confidently will show that you’re not just familiar with compliance, but that you live and breathe it.
✨Prepare for Scenario Questions
Expect questions about how you would handle specific compliance scenarios. Think of examples from your past experience where you identified risks or improved compliance frameworks. This will demonstrate your proactive approach and problem-solving skills.
✨Showcase Your Reporting Skills
Since the role involves preparing detailed reports, be ready to discuss your experience in this area. Bring examples of reports you've created and be prepared to explain how you ensure clarity and conciseness in your findings and recommendations.
✨Emphasise Team Collaboration
Howden values collaboration, so highlight your experience working with various stakeholders. Share examples of how you’ve liaised with compliance partners or internal audit teams to achieve compliance objectives, showcasing your strong communication skills.