Compliance Analyst

Company HSB Location Manchester, United Kingdom Role: Compliance Analyst Location: Manchester or London Permanent Job Purpose: This role is an important component of the Company’s second line of defence compliance function, providing proactive support and guidance to business areas to ensure that the Company meets its regulatory and risk obligations. Key Responsibilities: Reporting to the Director of Compliance, the key responsibilities of the role include the following: Compliance Monitoring & Reporting Assisting with the development of the annual Compliance Monitoring Plan Maintaining the annual Compliance diary and taking ownership for project managing the delivery of all required activities, under the guidance of the Director of Compliance Preparing draft regulatory returns to the FCA, PRA, CBI and JFSC, for approval by the Director of Compliance, and then submitting final returns Carrying out reviews and investigations and following up on agreed actions as required Preparing draft reports for reporting of Compliance activities to Munich Re and HSB IIC as required, for review by the Director of Compliance Creating and implementing a routine compliance monitoring report, to report on activities delivered by Compliance, bringing together sanctions, licensing, complaints, AML, ABC, Fraud, Gifts and Hospitality Drafting policy updates for review Corporate Governance Supporting the review of Compliance owned policies and procedures, ensuring any regulatory developments are updated Preparing gap analyses of new regulations for review by the Director of Compliance Drafting updates to the Company Management Responsibilities Map Horizon Scanning Assisting in proactively monitoring changes to laws, regulations, and group company policies and procedures that may impact the Company and identify any changes required to Company policies, procedures or processes. Training & Competence Reviewing and administering online compliance-related training modules and CPD records. Following up non-completion of training with relevant business owners Business, Project, and Group Monitoring and Support Building strong and effective working relationships with key internal and external stakeholders, in order to investigate and respond to ad hoc compliance-related queries from the business as required Proactively engaging in Company and group company projects by providing compliance support and advice to project stakeholders and ensuring compliance considerations are identified and incorporated into business requirements and system designs as appropriate Drafting responses to external and internal queries on the Company’s adoption of new Compliance regulations, including the new Consumer Duty requirements Working with Compliance teams within the wider Munich Re group to help ensure alignment to global processes and maintain lines of communications. Key Skills & Experience Requirements: Excellent oral and written communication skills Strong analytical and numerical skills Ability to work remotely where required Strong skills in planning, organising and prioritisation Skilled in both Excel and PowerPoint Basic understanding of UK regulatory requirements. Experience delivering compliance monitoring activities within a regulated environment Qualifications & Educational Requirements: GCSE level Maths and English A-Levels (or equivalent). A snapshot of some of our benefits: Aviva Digital GP Employer Pension contribution of 13% Annual bonus 25 days annual leave (plus bank holidays) At HSB Group (including Premier Guarantee), Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

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