At a Glance
- Tasks: Lead compliance monitoring reviews and ensure regulatory controls are met.
- Company: Join a leading global insurance broker with a strong compliance culture.
- Benefits: Competitive salary, bonus, and benefits package with flexible working.
- Why this job: Make a real impact in compliance while developing your career in a dynamic environment.
- Qualifications: Experience in compliance monitoring and an insurance background are essential.
- Other info: Collaborative team atmosphere with opportunities for professional growth.
The predicted salary is between 65000 - 75000 Β£ per year.
Location: London, 3 days a week
Salary: Β£65,000 - Β£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 employer: Lutine Bell
Contact Detail:
Lutine Bell Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Compliance Monitoring Manager
β¨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the hunt for a Compliance Monitoring Manager role. You never know who might have the inside scoop on job openings or can put in a good word for you.
β¨Tip Number 2
Prepare for interviews by brushing up on your compliance monitoring knowledge. Be ready to discuss your experience with frameworks and how you've tackled challenges in past roles. We want to see that you can not only talk the talk but also walk the walk!
β¨Tip Number 3
Showcase your stakeholder engagement skills during interviews. Share examples of how you've worked with colleagues to resolve compliance issues and keep everyone in the loop. This is key for the Compliance Monitoring Manager role, so make it shine!
β¨Tip Number 4
Don't forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. Let's get you that Compliance Monitoring Manager position!
We think you need these skills to ace Compliance Monitoring Manager
Some tips for your application π«‘
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 collaborated with others. We love seeing how you keep colleagues updated and work together to solve issues!
Apply Through Our Website: Don't forget to apply through our website! Itβs the best way for us to receive your application and ensures youβre considered for the role. We canβt wait to see what you bring to the table!
How to prepare for a job interview at Lutine Bell
β¨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.
β¨Showcase Your Stakeholder Skills
Since stakeholder engagement is key for this role, prepare to share instances where you've effectively communicated with colleagues or clients. Highlight how you kept them updated and collaborated on resolving compliance issues.
β¨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to compliance monitoring. Think about how you would approach scoping, fieldwork, and reporting. Practising these scenarios can help you articulate your thought process clearly.
β¨Demonstrate Your Analytical Skills
The role involves a lot of analysis and validation of findings. Be prepared to discuss how you approach data analysis and what tools or methodologies you use. Showing your analytical mindset will impress the interviewers.