Compliance Officer

Key Recruitment are working with one of the region's leading independent insurance brokerages, who are looking to recruit a Compliance Officer to join their team. This is an excellent opportunity for an experienced compliance professional to work for a company with excellent training procedures, a strong work ethic and a proven track record of success in the market.

Duties to be performed in the role will include:

• Liaising with the FCA on regulatory issues and assimilating and implementing regulatory requirements in a timely manner and within imposed deadlines.
• Under the direction of the Operations Director and Managing Director, ensure the maintenance and completion of the Annual Compliance Plan which details the compliance controls and regularly monitoring.
• To ensure that a written compliance report is completed annually detailing the effectiveness of the previous years plan, reporting on areas of weakness and remedial action to be taken.
• To monitor that the company's Training and Competence procedures are actioned, supervised and audited.
• To maintain and carry out regular checks to include New business, Financial Promotion, Complaints, Known Rule Breach, Lapsed/NTU/Cancelled, Fees and Commissions.
• In conjunction with the Operations Director and Managing Director ensure provision is made based on Risk Management on an annual basis giving areas of responsibility and identifying areas in a high, medium and low risk.
• Ensure updates from the FCA are implemented across the company.
• To compile and submit half yearly reports to FCA in connection with complaint received, resolved and ongoing.
• To ensure all agencies, insurer and supplier agreements are compliant and kept up to date.
• To ensure that there are no more than 1% complaints per month for the customer services department.
• To attend and represent the department in monthly Communications meetings.

Previous compliance experience is essential to be considered for this role; For more information please apply online or contact Daniel Hurley on .