Compliance Monitoring Lead
On-siteLondon, England, United Kingdom
Job Summary
Deliver and continuously improve the Compliance Monitoring Programme, ensuring activity is risk-based, well-documented, and aligned to the Compliance Risk Assessment and Control Register. Conduct monitoring reviews, thematic reviews, deep dives, file testing, and control effectiveness assessments while tracking actions through to validated closure. Produce accurate, timely reporting, MI, dashboards, and KPI updates for management, committees, boards, and regulatory purposes. Support the Three Lines of Defence model by assessing first-line control effectiveness and constructively challenging business owners. Monitor key regulatory areas including TOBAs, sanctions, TPRM, and Consumer Duty outcomes, while promoting a positive compliance culture through guidance and training.
Required Qualifications
- Relevant compliance, insurance, legal, audit, risk or regulatory qualification, or equivalent experience
- Experience in insurance, reinsurance, financial services compliance, internal audit, risk management or control testing
- Knowledge of relevant insurance regulatory frameworks, including FCA, PRA, Lloyd's, BMA and Consumer Duty requirements
- Strong understanding of the Three Lines of Defence model, the Compliance function and key regulatory obligations
- Broad knowledge of delegated authority, underwriting governance, financial crime, sanctions, data protection, regulatory reporting, outsourcing, conduct risk, claims and complaints oversight
- Ability to translate regulatory and compliance knowledge into effective oversight, monitoring and assurance activity
- Experience using compliance, risk management or audit systems
- Decision Focus or similar system knowledge
Desired Qualifications
- Experience using compliance, risk management or audit systems, with Decision Focus or similar system knowledge desirable
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