Compliance Officer (Insurance)

Job Title : Compliance Officer – M&A
Location: London/Remote
Salary: £55,000 - £60,000
 
Summary
·       The M&A Compliance Officer focusses on the delivery of compliance due-diligence prior to the completion of acquisitions, as well as the delivery of compliance integration actions post-completion.
 
Experience & Professional
Qualifications
 
·       Dip CII or above would be an advantage
·       Industry recognised compliance qualifications beneficial but not essential
 
Key Responsibilities
 
·       Leading the due diligence review of target businesses prior to acquisition, focussing specifically on review of the compliance culture and robustness of compliance policies, procedures and frameworks
·       Liaising directly with stakeholders to discuss and investigate questions arising from due diligence
·       Drafting compliance reports on target businesses, seeking input from compliance team management and colleagues, ensuring that any clarification questions or required pre / post completion remedial actions are flagged with an appropriate level of clarity and prominence
·       Driving forward the completion of agreed compliance integration actions, through direct activity or through stakeholder management, helping to ensure that all businesses meet common standards
·       Reviewing compliance policies and procedures, making an assessment of their appropriateness, benchmarking where required against regulatory expectation and Group standards
·       Assessing and proposing amendments to contracts between acquired entities and insurers / third parties, including ToBAs, delegated authority agreements, introducer agreements, NDAs etc
·       Providing day-to-day task management and advice to more junior Compliance M&A colleagues
 
Knowledge
Essential:
·       Experience leading teams and / or managing compliance projects
·       A strong understanding of key FCA sourcebooks and standards, with experience of their practical application
·       Practical knowledge of all compliance policies / procedures / frameworks expected of an FCA regulated insurance intermediary
·       Ability to assess ToBAs and other agreements, addressing any key issues therein
 
Advantageous but not essential:
·       Awareness of overseas regulatory considerations and financial crime would be an advantage
·       Involvement in compliance focussed M&A / integration activity would be advantageous
·       Experience reviewing broking files for compliance / quality
 

Skills
·       Able to project manage effectively ensuring that workstream scope and timelines are clearly understood, and all deliverables met to agreed standards.
·       Ability to write concise and impactful reports.
·       Methodical and able to work on own initiative, managing own time effectively and delivering against deadlines.
·       Comfortable gathering, analysing and evaluating facts, as well as preparing and presenting concise oral and written reports.
·       Ability to work in a fair, objective and impartial manner with absolute integrity.
·       Excellent investigative skills, with an ability to accurately analyse information.
·       Able to demonstrate sound judgement and the ability to balance fault-finding with pragmatism.
·       Must be a strong communicator at levels, both verbal and written.
·       Familiar with all major commercial and personal lines insurance products.