Compliance Business Partner in City of London

This role plays a key part in embedding compliance across the business, providing guidance and support to colleagues, and ensuring that the business operates in line with regulatory expectations. We are open to considering a senior candidate who could provide secondary support or step into a team leader capacity, helping to guide and develop the wider compliance team where needed.

You will:

• Act as a trusted compliance advisor to business areas, providing guidance on regulatory requirements and internal policies.
• Support the design, implementation, and monitoring of compliance frameworks.
• Identify and escalate compliance risks and recommend practical solutions.
• Prepare reports for senior management and regulators as required.
• Provide guidance and mentoring to colleagues, acting as a secondary point of support or leadership within the compliance function.

Key duties:

• Act as initial point of contact for compliance support and advice (Business Partner) to provide clear, practical guidance on regulatory obligations, emerging risks and industry expectations.
• Provide required support to the Senior Compliance Manager and the wider Compliance Team to ensure effective delivery of compliance activities and priorities.
• Use strong influencing skills to challenge constructively and secure commitment to compliant, customer-focused outcomes.
• Support Conduct Risk mitigation through knowledge of departmental practices.
• Provide input and communicate compliance and customer outcomes performance results to Regional Managing Directors, Specialism Leads and management.

Regulation:

• Lead and deliver fair value and product reviews, assessing product performance, customer outcomes and regulatory compliance.
• Conduct regular reviews of the Group Panels and Products Registers to ensure accuracy.
• Conduct compliance reviews, thematic assessments and deep dives to identify risks, control weaknesses and opportunities for improvement.

Customer Journey and Documentation:

• Conduct regular terms of business reviews, identifying inaccuracies, inconsistencies and required updates.
• Support the design, development and maintenance of customer journeys and associated documentation and processes.

Lloyds Expertise (Desirable):

• Provide support and guidance on Lloyds processes and requirements where relevant.

Compliance Policies & Procedures:

• Maintain the company’s compliance policies and procedures to ensure ongoing adherence to regulatory obligations.

Acquisition & Integration Support:

• Support integration activities, working in conjunction with the Compliance M&A Team and Senior Compliance Manager.

Key requirements:

• Strong understanding of FCA compliance requirements across commercial and retail insurance business.
• Knowledge of ICOBS and SMCR regulations, with the ability to provide practical, commercially focused advice.
• Familiarity with insurance broking operations, including both traditional and non-traditional lines.
• Experience in a broking or operational role within the UK insurance market.
• CII, ICA, or equivalent professional qualification.
• Knowledge of Lloyds London Market processes and regulations.

Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

A copy of our D&I policy can be made available upon request.