Compliance Manager / Business Partner in City of London
Compliance Manager / Business Partner

Compliance Manager / Business Partner in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support compliance and financial crime prevention while advising management and employees.
  • Company: Dynamic insurance firm committed to diversity and inclusion.
  • Benefits: Competitive salary, professional development, and a supportive work environment.
  • Why this job: Be a trusted advisor and make a real impact in compliance and risk management.
  • Qualifications: Knowledge of FCA compliance and experience in the insurance sector required.
  • Other info: Join a diverse team with opportunities for growth and learning.

The predicted salary is between 36000 - 60000 £ per year.

The Compliance Manager / Business Partner role provides additional senior compliance support to Group and Divisional Management in conjunction with the Group Compliance Director. This includes directly supporting and advising employees and management and working with the wider compliance team to ensure adherence to the Groups compliance requirements, policies, and procedures.

This role will foster a culture of continual improvement in customer outcomes, embedding policies and procedures to guide and inform business operations and promote the right behaviours. The role holder will work closely with the business to monitor and respond to relevant KPIs and new developments, both internal and external, while providing proactive, constructive compliance support. You will be seen as a trusted advisor across the organisation.

Key duties
  • Business Support & Advisory
    • Serve as the initial point of contact for compliance and financial crime-related support and advice for the company (acting as a Business Partner).
    • Provide compliance input to mitigate conduct risk, leveraging a strong knowledge of company practices.
    • Review and manage new & existing counter party relationships. Communicate compliance performance results to Divisional Directors and management.
    • Prepare and distribute management information to the business.
  • Delegated Authority & Risk Management
    • Review new and renewed Delegated Authority / Coverholder Agreements and monitor adherence to their terms and conditions.
  • Financial Crime
    • Support and advise the division on financial crime prevention measures.
    • Conduct financial crime risk assessments, developing and implementing appropriate mitigations.
  • Conflicts of Interest
    • Log new Conflicts of Interest and provide assurance that appropriate mitigations are in place.
  • Lloyds/London Market/Wholesale Expertise
    • Act as a subject matter expert on Lloyds market processes and requirements, providing guidance and expertise to the wider business.
    • Demonstrate a strong understanding of wholesale and London Market practices and their impact on compliance and regulatory requirements.
  • Compliance Policies & Procedures
    • Maintain and update the companys compliance policies and procedures to ensure continued alignment with regulatory and group obligations.
    • Regularly review and implement any changes required due to evolving regulations or internal processes.
Key requirements
  • Demonstrable knowledge of FCA compliance requirements relevant to wholesale and/or reinsurance business.
  • Strong understanding of Lloyds regulations, as well as practical knowledge of ICOBS and SMCR frameworks.
  • Hands-on experience in a broking or insurance operational role.
  • Solid awareness of both traditional and non-traditional insurance concepts.
  • Familiarity with the London Market, including Lloyds and reinsurance sectors.
  • Holding or working towards a recognised industry qualification such as CII (Chartered Insurance Institute) or ICA (International Compliance Association).

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.

Compliance Manager / Business Partner in City of London employer: Massenhove Recruitment Ltd

As a Compliance Manager / Business Partner in the heart of London’s vibrant insurance market, you will thrive in a dynamic work culture that prioritises compliance excellence and continuous improvement. Our commitment to employee growth is reflected in our supportive environment, where you will have access to ongoing training and development opportunities, alongside a diverse and inclusive workplace that values your contributions. Join us to be part of a forward-thinking team that champions integrity and fosters meaningful relationships across the organisation.
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Contact Detail:

Massenhove Recruitment Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Compliance Manager / Business Partner in City of London

✨Tip Number 1

Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on a job opportunity!

✨Tip Number 2

Prepare for interviews by researching the company and its compliance practices. Show them you’re not just another candidate; demonstrate your knowledge of their policies and how you can contribute to their goals. We want to see that you’re genuinely interested!

✨Tip Number 3

Practice your answers to common interview questions, especially those related to compliance and risk management. We recommend doing mock interviews with friends or mentors to build your confidence and refine your responses.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s make it happen!

We think you need these skills to ace Compliance Manager / Business Partner in City of London

Compliance Knowledge
Financial Crime Prevention
Risk Management
Delegated Authority Management
Lloyds Market Expertise
Regulatory Compliance
FCA Compliance Requirements
ICOBS Framework Knowledge
SMCR Framework Understanding
Insurance Operational Experience
Communication Skills
Advisory Skills
Analytical Skills
Problem-Solving Skills
Industry Qualification (CII or ICA)

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the Compliance Manager / Business Partner role. Highlight your experience with FCA compliance and any relevant qualifications like CII or ICA. We want to see how your background aligns with our needs!

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 how you've supported compliance in previous roles, and don’t forget to show your passion for the London Market.

Showcase Your Knowledge: We love candidates who know their stuff! Make sure to mention your understanding of Lloyds regulations and any hands-on experience you have in broking or insurance operations. This will set you apart from the crowd.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at Massenhove Recruitment Ltd

✨Know Your Compliance Stuff

Make sure you brush up on FCA compliance requirements and Lloyds regulations before the interview. Being able to discuss these topics confidently will show that you're not just familiar with the basics, but that you truly understand the nuances of the role.

✨Showcase Your Advisory Skills

Prepare examples of how you've acted as a trusted advisor in previous roles. Think about specific situations where your advice led to improved compliance or risk management outcomes. This will demonstrate your ability to support and guide others effectively.

✨Understand the Business Context

Familiarise yourself with the company's operations and how compliance fits into their overall strategy. Be ready to discuss how you can help foster a culture of continual improvement and enhance customer outcomes through effective compliance practices.

✨Ask Insightful Questions

Prepare thoughtful questions about the company's compliance challenges and how they measure success. This shows your genuine interest in the role and helps you gauge if the company’s values align with yours, especially regarding diversity and inclusion.

Compliance Manager / Business Partner in City of London
Massenhove Recruitment Ltd
Location: City of London

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