At a Glance
- Tasks: Become a trusted advisor, providing compliance solutions and training to teams.
- Company: Join a dynamic insurance firm in the heart of London, focused on compliance excellence.
- Benefits: Enjoy hybrid working, professional development opportunities, and a supportive team culture.
- Why this job: Shape compliance practices while making a real impact in a collaborative environment.
- Qualifications: Experience in broking or insurance, with strong FCA compliance knowledge required.
- Other info: Ideal for those looking to grow their career in a fast-paced, evolving industry.
The predicted salary is between 48000 - 72000 £ per year.
This is an exciting opportunity to build and refine a newly created role, working closely with senior management and business teams to create a culture of continual improvement and customer-first outcomes. The primary focus of the BP role is to build relationships with the business to become a trusted advisor, be able to influence and overcome challenges.
- Business Support and Advisory: Act as the initial point of contact for compliance advice, supporting teams with practical, business-friendly compliance solutions.
- Risk & Delegated Authority Management: Review and monitor Delegated Authority Agreements, advise on potential E&O circumstances, and conduct root cause analysis.
- Compliance Policies & Procedures: Maintain and enhance compliance policies, ensuring continued alignment with FCA requirements.
- Training & Development: Design and deliver onboarding, refresher, and regulatory training for staff at all levels.
- Acquisition & Integration: Support acquired firms through compliance migrations, addressing due diligence findings and embedding the compliance culture.
Key requirements:
- Broking or Insurance Experience: First-hand experience working in an insurance broking or operational role.
- FCA Compliance Knowledge: Strong understanding of FCA requirements, ICOBS, and SMCR regulations.
- Analytical & Organisational Skills: Ability to assess complex regulatory requirements and translate them into actionable business strategies.
- Lloyds Market Experience: Knowledge of Lloyds processes and requirements would be a distinct advantage.
- Professional Qualifications: Holding or working towards CII or ICA accreditation (or equivalent) is beneficial.
Compliance Business Partner in City of London employer: Massenhove Recruitment Ltd
Contact Detail:
Massenhove Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Business Partner in City of London
✨Tip Number 1
Network with professionals in the insurance broking sector. Attend industry events or webinars to connect with potential colleagues and leaders who can provide insights into the role and company culture.
✨Tip Number 2
Familiarise yourself with the latest FCA regulations and compliance policies relevant to the insurance industry. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss specific examples from your previous roles where you've successfully navigated compliance challenges or improved processes. This will showcase your practical experience and problem-solving skills.
✨Tip Number 4
Research StudySmarter's values and mission. Understanding our culture will help you align your responses during interviews, showing that you're a great fit for our team and the Compliance Business Partner role.
We think you need these skills to ace Compliance Business Partner in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in broking and insurance, particularly any roles that involved compliance or risk management. Use specific examples to demonstrate your analytical and organisational skills.
Craft a Compelling Cover Letter: In your cover letter, emphasise your understanding of FCA requirements and how your background aligns with the key duties of the Compliance Business Partner role. Mention your ability to build relationships and provide practical compliance solutions.
Showcase Relevant Qualifications: If you hold or are working towards CII or ICA accreditation, make sure to mention this prominently in your application. Highlight any other relevant qualifications or training that support your candidacy.
Demonstrate Cultural Fit: Research the company’s culture and values. In your application, express how you can contribute to a customer-first approach and a culture of continual improvement, which are essential for this role.
How to prepare for a job interview at Massenhove Recruitment Ltd
✨Showcase Your Broking Background
Make sure to highlight your experience in the insurance broking sector. Discuss specific roles and responsibilities you've had that relate directly to compliance, as this will demonstrate your suitability for the position.
✨Demonstrate FCA Knowledge
Be prepared to discuss your understanding of FCA requirements, ICOBS, and SMCR regulations. Providing examples of how you've applied this knowledge in previous roles can set you apart from other candidates.
✨Emphasise Relationship Building Skills
Since the role involves acting as a trusted advisor, share examples of how you've successfully built relationships with senior management and business teams. Highlight your ability to influence and overcome challenges in a collaborative manner.
✨Prepare for Scenario-Based Questions
Expect questions that assess your analytical and organisational skills. Prepare to discuss how you've handled complex regulatory requirements in the past and how you translated them into actionable strategies for your team.