At a Glance
- Tasks: Lead compliance strategy and manage regulatory challenges in a dynamic insurance environment.
- Company: Join a leading global insurance powerhouse with a strong reputation for staff retention.
- Benefits: Generous six-figure salary, hybrid work model, and excellent benefits.
- Why this job: Be a key player in shaping compliance strategies and influencing business direction.
- Qualifications: Experience in wholesale general insurance or Lloyds market is essential.
- Other info: Opportunity for significant career growth in a visible senior leadership role.
The predicted salary is between 72000 - 84000 £ per year.
EXCLUSIVE: HEAD OF COMPLIANCE enforcing regulations; recommending new procedures; ensuring business and operations functions comply with legal requirements. Overseeing and advising the business with respect to international trade and economic sanctions issues. Discussing and determining emerging regulatory risks with the Risk Team. Maintaining an overview and knowledge of the local regulatory requirements in all jurisdictions in which the Group operates, ensuring that “local” compliance responsibilities are understood, allocated and accepted – and that appropriate local compliance frameworks are in place to continue to meet those requirements. Participating in the management of regulatory incidents arising within the business, working with the Legal team and external counsel as appropriate Act as the primary point of contact on regulatory compliance matters for all relevant regulatory and supervisory bodies (including FCA, PRA
EXCLUSIVE: HEAD OF COMPLIANCE & MLRO – MUST HAVE WHOLESALE GENERAL INSURANCE OR LLOYDS MARKET EXPERIENCE employer: Symes Collins
Contact Detail:
Symes Collins Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land EXCLUSIVE: HEAD OF COMPLIANCE & MLRO – MUST HAVE WHOLESALE GENERAL INSURANCE OR LLOYDS MARKET EXPERIENCE
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and compliance sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its compliance challenges. Tailor your answers to show how your experience in wholesale general insurance or the Lloyds market can help them navigate these issues. We want to see that you’re not just a fit, but the perfect fit!
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you've led teams through regulatory changes or compliance challenges in the past. We love candidates who can demonstrate their strategic thinking and ability to influence stakeholders.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for top talent like you, so make sure you put your best foot forward!
We think you need these skills to ace EXCLUSIVE: HEAD OF COMPLIANCE & MLRO – MUST HAVE WHOLESALE GENERAL INSURANCE OR LLOYDS MARKET EXPERIENCE
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in wholesale general insurance or the Lloyds market. We want to see how your background aligns with the role, so don’t hold back on showcasing relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Head of Compliance & MLRO role. Share specific examples of your strategic leadership and compliance expertise that will resonate with us.
Showcase Your Regulatory Knowledge: Since this role involves navigating complex regulations, make sure to highlight your understanding of FCA, PRA, and Lloyds rules. We’re looking for someone who can confidently tackle compliance challenges, so let that shine through in your application!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at Symes Collins
✨Know Your Regulations
Make sure you brush up on the FCA and PRA rules, as well as the Corporation of Lloyds regulations. Being able to discuss these confidently will show that you’re not just familiar with compliance but are also ready to tackle the challenges head-on.
✨Showcase Your Leadership Skills
Prepare examples of how you've led teams through compliance challenges in the past. Highlight your strategic thinking and influencing abilities, as this role requires someone who can guide a large team effectively while managing stakeholder relationships.
✨Understand the Business Landscape
Research the company’s position within the wholesale general insurance market and the Lloyds Market specifically. Being able to discuss how external factors like geopolitical changes impact compliance will demonstrate your industry knowledge and foresight.
✨Prepare for Scenario Questions
Think about potential regulatory incidents that could arise and how you would manage them. Prepare to discuss your approach to risk management and compliance frameworks, as this will be crucial in showcasing your problem-solving skills during the interview.