Job Role

Senior Compliance Executive

Due to exciting company growth, we are looking to recruit a Senior Compliance Executive to join our expanding team of compliance experts.

The Senior Compliance Executive is responsible for supporting the Compliance Manager with the design and delivery of Neilson Financial Services’ Compliance Plan, working collaboratively with the business to ensure the proportionate management of regulatory risk.

The Senior Compliance Executive will demonstrate a high degree of technical expertise and the ability to communicate recommendations effectively, improving the strength and efficiency of business processes.

Main Duties & Responsibilities

• Provide Compliance sign off for financial promotions, external communications, product collateral, project work packages, internal process documentation and scripts.
• Design, scope and conduct Compliance Monitoring audits, in line with the Compliance Monitoring Plan.
• Maintain NFS’ risk dashboards and manage KRIs, escalating functional risks performing outside of risk appetite.
• Manage incidents in line with NFS’ incident management policy, devising a response plan and tracking actions through to completion.
• Manage NFS’ Consumer Duty quantitative metrics and provide effective Consumer Duty MI reports to senior management.
• Compile appropriate and informative reports, papers and MI for the consideration of Senior Management.
• Provide expert compliance guidance on new business initiatives to ensure legal and regulatory risks are understood.
• Undertake compliance due diligence and ongoing monitoring of new partnerships/outsourcing/affiliate arrangements.

Experience Requirements

• At least 3 years’ experience working within the insurance sector (either for an insurer or ‘Enhanced Scope SM&CR’ insurance intermediary) in a Compliance, Risk and/or Governance role.
• Excellent knowledge of the FCA Handbook.
• Experience conducting compliance monitoring reviews.
• Proven knowledge of insurance products. (a qualification in either insurance or compliance desired)
• Experience of developing and maintaining compliance policies and procedures.
• A good understanding of enterprise risk management and internal controls.