Compliance Manager / Business Partner in City of London

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, whilst providing proactive, constructive compliance support. You will be seen as a trusted advisor across the organisation.

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).

Diversity & Inclusion

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.