At a Glance
- Tasks: Support compliance efforts and maintain essential documentation for regulatory adherence.
- Company: Join a leading organisation committed to compliance and risk assurance.
- Benefits: Gain valuable experience, develop skills, and enjoy a supportive work environment.
- Other info: Perfect opportunity for detail-oriented individuals looking to grow in a dynamic field.
- Why this job: Make a difference by ensuring the company meets industry standards and regulations.
- Qualifications: Administrative experience in compliance or regulated industries is preferred.
The predicted salary is between 30000 - 40000 £ per year.
The Head of Risk Assurance is hiring a Compliance Assistant to help support the Compliance Manager, and also the wider, Risk Assurance team in ensuring the organisation adheres to regulatory requirements, internal policies, and industry standards.
This role involves administrative support, maintaining compliance documentation, assisting with audits and regulatory returns, and helping ensure staff are informed of compliance obligations.
Key Responsibilities
- To maintain accurate and up-to-date company policies, compliance policies and key records such as manuals, guidance and training materials and registers such as gifts and hospitality register/ conflicts of interest register.
- To ensure policies, procedures, and manuals are up to date and accessible for all staff and chase departments when policies are significantly overdue.
- To ensure all Risk Assurance Intranet sites are up to date and ensure there is a regular programme of awareness articles published with the Internal Communications team.
- To prepare the Lloyd's annual compliance return for review by Compliance Manager.
- To assist in monitoring and tracking regulatory developments and industry best practices and circulate regulatory updates to the relevant departments.
- To help coordinate and design compliance training sessions, deliver sessions and maintain regulatory training records.
- To maintain the E- Learning insurance compliance system including removal of starters and adding/removing users.
- To support the preparation and submission reports to Executive and Audit and Risk Committee.
- To input regulatory returns for the FCA and Lloyd's of London with oversight and sign off by Risk and Compliance Officer.
About You
Administrative or clerical experience, ideally in a compliance, legal, or finance environment.
- Experience in a regulated industry (e. g. financial services, healthcare, legal).
- Have an understanding of GDPR, FCA regulations, or other relevant frameworks.
- Understanding of basic compliance or regulatory principles.
- High attention to detail and strong organisational skills.
- Ability to work with confidential information discreetly and professionally.
- Competent in Microsoft Office (Word, Powerpoint, Excel, Outlook, etc.).
Compliance Assistant in London employer: The MDU SLM
As a Compliance Assistant at our organisation, you will be part of a dynamic Risk Assurance team that values integrity and compliance. We offer a supportive work culture that prioritises employee growth through continuous training and development opportunities, ensuring you stay ahead in the ever-evolving regulatory landscape. Located in a vibrant area, our company provides a collaborative environment where your contributions are recognised and rewarded, making it an excellent place for meaningful and fulfilling employment.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Assistant in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like The MDU SLM looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Assistant in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at The MDU SLM. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at The MDU SLM
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with The MDU SLM’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
