At a Glance
- Tasks: Lead compliance monitoring reviews and ensure regulatory controls are met.
- Company: Join a leading global insurance broker with a strong focus on compliance.
- Benefits: Competitive salary, bonus, and comprehensive benefits package.
- Why this job: Make a real impact in risk management within a dynamic industry.
- Qualifications: Experience in compliance monitoring and an insurance background required.
- Other info: Collaborative team environment with opportunities for professional growth.
The predicted salary is between 55000 - 85000 £ per year.
Location: London, 3 days a week
Salary: £65,000 - £75,000 + bonus & benefits
Lutine Bell is working with one of the world's largest insurance brokers to place a Compliance Monitoring Manager in their UK team. The Compliance Monitoring Manager will work within the Risk and Compliance function, to support the Head of Compliance Monitoring in delivering a risk-based compliance monitoring programme.
In this role you will complete individual monitoring reviews in accordance with the agreed methodology and process; and ensuring that, where issues are identified, remedial actions are agreed with and carried out by the business.
Responsibilities include:
- Working with a Senior Monitoring Manager on complex Compliance Monitoring reviews, undertaking agreed activities throughout the process, from scoping, fieldwork, analysis, validation of findings, report drafting and action tracking.
- Leading on recurring Compliance Monitoring reviews, which are part of the regular oversight of key regulatory controls.
- Working with the rest of the team to ensure that internal processes and reporting are kept up to date and accurate. This includes day-to-day management of the operating rhythms such as actions reporting, maintenance of the audit universe, audit of action closure and the like.
- Stakeholder engagement is an important part of the role, keeping colleagues in the first-line updated on progress throughout the review and working closely with them to agree appropriate actions where issues are identified.
What you need to have:
- A track record in executing a compliance monitoring framework
- Insurance background is a must
- Experience of compliance monitoring and/or Audit
Compliance Monitoring Manager in City of London employer: Lutine Bell
Contact Detail:
Lutine Bell Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Monitoring Manager in City of London
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance and compliance sectors on LinkedIn. A friendly message can go a long way, and you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your compliance monitoring knowledge. We recommend creating a cheat sheet of key concepts and recent regulatory changes to impress your interviewers with your expertise.
✨Tip Number 3
Showcase your experience! When you get the chance to chat with potential employers, highlight specific examples from your past roles that demonstrate your skills in compliance monitoring and stakeholder engagement.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing familiar names when we’re reviewing candidates!
We think you need these skills to ace Compliance Monitoring Manager in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Compliance Monitoring Manager role. Highlight your experience in compliance monitoring and any relevant insurance background. We want to see how your skills match 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 the perfect fit for this role. Share specific examples of your past experiences that relate to the responsibilities mentioned in the job description.
Showcase Your Stakeholder Engagement Skills: Since stakeholder engagement is key in this role, make sure to mention any relevant experiences where you've successfully communicated and collaborated with others. We love seeing how you can work with different teams!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can't wait to see what you bring to the table!
How to prepare for a job interview at Lutine Bell
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of compliance monitoring frameworks, especially in the insurance sector. Be ready to discuss specific examples from your past experience where you've successfully executed compliance reviews or audits.
✨Showcase Your Stakeholder Skills
Since stakeholder engagement is key for this role, prepare to share instances where you've effectively communicated with colleagues and managed expectations during compliance reviews. Highlight how you’ve navigated challenges and ensured everyone was on the same page.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to compliance issues. Practice articulating your thought process on how you would approach scoping, fieldwork, and reporting. This will demonstrate your analytical skills and problem-solving abilities.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions that show your interest in the company’s compliance culture and processes. Inquire about their current compliance challenges or how they measure the success of their compliance monitoring programme.