Compliance Monitoring Manager

Compliance Monitoring Manager

Full-Time 49500 - 60500 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Join our Compliance Monitoring team to ensure effective compliance across Marsh UK.
  • Company: Marsh, a global leader in risk and compliance solutions.
  • Benefits: Professional development, hybrid work, and a vibrant, inclusive culture.
  • Other info: Exciting career opportunities in a diverse and flexible workplace.
  • Why this job: Make a real impact while working with talented colleagues in a supportive environment.
  • Qualifications: Experience in compliance monitoring and strong communication skills.

The predicted salary is between 49500 - 60500 £ per year.

We are seeking a talented individual to join our Compliance Monitoring team at Marsh. This role will be based in our London offices. This is a hybrid role that has a requirement of working at least three days a week in the office.

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 across Marsh UK.

In this role you will:

  • Complete individual monitoring reviews in accordance with the agreed methodology and process; ensuring that, where issues are identified, remedial actions are agreed with and carried out by the business.
  • Work as part of the Compliance Monitoring team, usually in a support role 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.
  • Lead on recurring Compliance Monitoring reviews, which are part of the regular oversight of key regulatory controls.
  • Ensure that our internal processes and reporting are kept up to date and accurate, including day-to-day management of the operating rhythms such as actions reporting, maintenance of the audit universe, audit of action closure and the like.
  • Engage with stakeholders, 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.
  • The ability to operate effectively in a matrix management structure and to engage effectively and persuasively across a wide range of business units.
  • Good understanding and working knowledge of current compliance practices & techniques.
  • Experience of compliance monitoring.
  • A confident communicator (oral and written).

What makes you stand out:

  • Experience of financial services (one or more of Insurance / Reinsurance / Employee Benefits / Investments).

Why join our team:

We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer.

We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@marsh.com.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week.

Compliance Monitoring Manager employer: Marsh & McLennan Companies

At Marsh McLennan, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive work culture that fosters professional development and collaboration. Located in the heart of London, our hybrid work model allows for flexibility while ensuring meaningful engagement with talented colleagues. With a commitment to diversity and a range of career opportunities, we empower our employees to thrive and make a significant impact in the compliance monitoring field.

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Contact Details:

Marsh & McLennan Companies Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Compliance Monitoring Manager

✨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 Marsh & McLennan Companies looking for candidates who are engaged and informed.

We think you need these skills to ace Compliance Monitoring Manager

Compliance Monitoring Framework
Risk Management
Stakeholder Engagement
Analytical Skills
Report Drafting
Action Tracking
Matrix Management

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 Marsh & McLennan Companies. 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 Marsh & McLennan Companies

✨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 Marsh & McLennan Companies’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!