Hybrid Compliance Manager

at PoloWorks

• Job title: Compliance Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, London, United Kingdom

About the role

• Compliance Manager ensuring regulatory compliance for Appointed Representatives in the insurance sector. Managing risk frameworks and enhancing customer journey within the PCIS platform.

Responsibilities

• Complete applications for regulatory permissions, including becoming an Appointed Representative, and providing support throughout the entire authorisation process.
• Create and facilitate the onboarding and transition process for appointed representatives, including obtaining FCA authorisation.
• Oversee ARs, conduct due diligence, review policies, and ensure ongoing regulatory adherence.
• Manage the transition of appointed representatives, ensuring they meet compliance standards.
• Support the compliance team with acquired businesses and day-to-day tasks.
• Review financial promotions and AR customer journeys for compliance with ICOBS.
• Collaborate with internal and external stakeholders (e.g. FCA, BIBA, MGAA), as required.
• Ensure compliance with all relevant regulatory reporting requirements.
• Provision regular reporting to senior management and the PCIS Appointed Representative Committee.
• Ensure company policies are in line with regulatory requirements.
• Develop and maintain appropriate regulatory and operational risk framework, including policies, procedures, and controls.
• Conduct risk assessments and implement measures to mitigate identified risks.

Requirements

• Extensive experience of compliance experience within insurance, inclusive of the Lloyd’s and London markets.
• Strong understanding of FCA rules (PRIN, ICOBS, SYSC, SUP) and AR models.
• Experience in reviewing financial promotions and compliance monitoring.
• Strong understanding of regulatory requirements and compliance standards.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to manage multiple tasks and prioritise effectively.

Benefits

• As well as a competitive salary, discretionary annual bonus, and a minimum 24 days of annual leave (with the option to buy or sell up to 5 days using our Annual Leave Flex Benefit), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay.
• You will also have access to company volunteering days, an Electric Vehicle (EV) leasing scheme, an employee assistance programme with retail discounts and savings, a generous employee referral scheme, regular sports and social events, and free Cheltenham bus travel.