Compliance & Risk Assurance Officer

A multinational MGA is currently hiring within their risk and compliance function. You will join a high-performing, welcoming team and will work on both risk and compliance assurance matters. Duties: Take the lead on developing and delivering the second line assurance plan Maintain and develop a robust and effective second line assurance framework Design and deliver reports and MI for the relevant committees and senior management. Design and undertake reviews on a thematic and functional basis to ensure effective application of policies, procedures, and internal controls, as well as adherence to regulatory requirements. Periodic testing of key risk controls Deep dive reviews into organisational risks. Ensure recommendations/actions are reported and completed in a timely manner. Contribute to the success of the Risk and Compliance teams more widely e.g. horizon scanning, day-to-day guidance and delivering training Support the company in maintaining compliance with industry and governmental lead regulations. Contribute to the regular Risk and Compliance reports to governing bodies, providing summary updates of control testing, monitoring reviews, and business performance against company procedures. To draft, review and keep up to date internal regulatory protocols, policies and procedural manuals. Support team with sanction screening and sanction related queries Assist in registrations of licensing and tax Support with maintaining TOBA process. Experience required: Relevant second line experience Awareness of Lloyd’s and London Market practices (and related International Lloyd’s standards); Strong awareness of Lloyd’s Principles, the FCA and the PRA.

Location: The City, GB

Posted Date: 1/21/2025