At a Glance
- Tasks: Support compliance and regulatory risk management while collaborating with various teams.
- Company: Join a forward-thinking company committed to ethical standards and compliance culture.
- Benefits: Enjoy 25 days of leave, private healthcare, and a pension scheme with matched contributions.
- Why this job: Make a real impact in compliance while developing your skills in a supportive environment.
- Qualifications: Experience in compliance, strong communication skills, and a proactive attitude are essential.
- Other info: Hybrid working options and a range of perks to enhance your career and wellbeing.
The predicted salary is between 36000 - 60000 £ per year.
We are looking for an enthusiastic individual to join our team of Compliance Business Partners. Working proactively with our client-facing teams, you will be instrumental in supporting the growth and development of the business, in a sustainable manner.
The Role:
- Ensure quality and proactive engagement with the Relevant Business at all levels, by attending relevant meetings, and supporting the business in meeting its regulatory obligations.
- Partner with management in the Relevant Business and foster a collaborative approach to embedding ‘compliance culture’ throughout the business and to support the Three Lines of Defence model.
- As a representative of the Second Line of Defence, monitor and facilitate the implementation of effective regulatory risk management practices by operational management in the Relevant Business and assist the risk owners in reporting adequate risk related information up and down the organization.
- Identify and assess compliance and regulatory risks in the Relevant Business, taking into account relevant internal and external sources of data as well as changes to assessments of other risk types.
- Support the delivery of the annual Compliance Plan for the Relevant Business.
- Support with the development and delivery of compliance training within the Relevant Business.
- Partnering with the relevant business to review and challenge the design and structuring of specific transactions, new products, services, operational procedures, operational change and initiatives.
- Provide challenge and oversight on business management’s assessment and governance of compliance and regulatory risk.
- Compliance Function ad-hoc strategic or operational projects as requested.
- Collate and deliver accurate and appropriate compliance metrics and information to appropriate stakeholders in the Relevant Business and the Compliance Function.
- Compile and deliver compliance records or information requested by internal/external auditors.
- Foster close relationships with other Functions including Legal, Risk and Internal Audit.
- Adhoc requests to be managed within quality standards and defined timelines.
Qualifications
- Good years of experience with the compliance industry, preferably within insurance.
- Strong regulatory and corporate governance knowledge/understanding required.
- Excellent interpersonal and influencing skills, with the ability to engage effectively at all levels to promote an effective and business focused compliance culture.
- Ability to work, both individually and as a team, under pressure to tight timelines and without direct supervision.
- Commercial awareness – a commercial and pragmatic approach to managing compliance risks.
- Commitment to continuous professional development and maintaining excellent understanding of regulatory developments.
- Must be committed to maintaining a robust compliance culture and high ethical standards.
- Always demonstrates high integrity.
- Proactive and a self-starter.
- Organised and methodical.
- Excellent analytical problem-solving skills.
- Strong communication skills, both orally and in writing.
- Knowledge and understanding of claims.
What we offer:
Enjoy a benefits package designed to help you thrive, both professionally and personally. You'll receive 25 days of annual leave plus an extra WTW day to relax and recharge. Our comprehensive health and wellbeing offering includes private healthcare, life insurance, group income protection, and regular health assessments, all giving you peace of mind. Secure your future with our defined contribution pension scheme, featuring matched contributions up to 10% from the company. We support your growth and balance with hybrid working options, access to an employee assistance programme, and a fully paid volunteer day to make a difference in your community. On top of these, you can opt into a variety of additional perks including an electric vehicle car scheme, share scheme, cycle-to-work programme, dental and optical cover, critical illness protection, and much more. Start making the most of your career and wellbeing with a range of benefits tailored for you.
Equal Opportunity Employer
We’re committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@wtwco.com.
Assistant Compliance Business Partner employer: WTW
Contact Detail:
WTW Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Compliance Business Partner
✨Tip Number 1
Network like a pro! Get out there and connect with people in the compliance industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. The more connections you make, the better your chances of landing that Assistant Compliance Business Partner role.
✨Tip Number 2
Prepare for interviews by researching the company and its compliance culture. Understand their values and how they approach regulatory risks. This will help you tailor your answers and show that you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice your communication skills! As an Assistant Compliance Business Partner, you’ll need to engage effectively at all levels. Role-play common interview questions with a friend or use online resources to refine your responses and boost your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. So, go ahead and submit your application today!
We think you need these skills to ace Assistant Compliance Business Partner
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Assistant Compliance Business Partner role. Highlight your relevant experience in compliance and regulatory knowledge, and show us how you can contribute to our compliance culture.
Show Off Your Skills: We want to see your excellent interpersonal and influencing skills shine through. Use specific examples in your application that demonstrate how you've engaged effectively with teams and promoted compliance in previous roles.
Be Proactive: As a self-starter, it's important to convey your proactive nature in your written application. Share instances where you've taken the initiative to solve problems or improve processes, especially in compliance-related tasks.
Keep It Professional: While we love a friendly tone, remember to maintain professionalism in your application. Ensure your writing is clear, concise, and free of errors. This reflects your strong communication skills, which are crucial for the role!
How to prepare for a job interview at WTW
✨Know Your Compliance Stuff
Make sure you brush up on your compliance knowledge, especially within the insurance sector. Familiarise yourself with key regulations and corporate governance principles that are relevant to the role. This will not only help you answer questions confidently but also show your genuine interest in the field.
✨Showcase Your Interpersonal Skills
Since this role involves engaging with various teams, be prepared to demonstrate your excellent interpersonal and influencing skills. Think of examples where you've successfully collaborated with others or promoted a compliance culture. This will highlight your ability to work effectively at all levels.
✨Be Proactive and Organised
The job requires a proactive approach, so come ready to discuss how you take initiative in your work. Share specific instances where you've identified compliance risks or improved processes. Also, being organised is key, so consider bringing a structured outline of your experiences to keep your answers clear and concise.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and commercial awareness. Think about how you would handle specific compliance challenges or regulatory changes. Practising these scenarios can help you articulate your thought process and decision-making skills during the interview.