Compliance Officer

The role sits within the UK&I risk and compliance team
This divisional team supports the UK&I division of Davies Group and forms part of the wider Group Governance, Risk & Compliance function

The team’s focus is to enable robust risk management and regulatory compliance – providing expert advice, guidance and oversight to support the business to ensure all legislative, regulatory and risk management policy requirements are met
Specifically this role supports the Claims Solutions business of Davies UK&I, reporting to the Head of Risk and Compliance (Claims Solutions) who is the primary risk and regulatory lead for Claims Solutions. 

Supporting the Heads of Risk and Compliance (Claims Solutions and Legal Services), the UK&I Chief Risk & Compliance Officer as required in relation to all strategic initiatives and projects.

Responding to queries from the business on risk and regulatory matters

Supporting responses to clients on risk and regulatory matters

Processing claims against the business and tracking spend related to client and customer redress, in particular in accordance with Keoghs Professional Indemnity Insurance

Financial Crime: Provide advisory support around financial crime related queries and ensure oversight of daily sanctions alerts.

Policies. Ensuring compliance policies and procedures are up to date.

Training. Development and deployment of Risk & Compliance technical content across Davies UK & Ireland.

Client Audits and Due Diligence. Ensure Risk & Compliance are represented during client audits including on-site attendance, the provision of relevant information, and ownership of any compliance related actions/remedial activity. Supporting the management of new and existing client due diligence requests.

Breaches. Provide advice and support to the business around management of incidents or issues.

Conducting risk and regulatory analysis on new client opportunities, M&A targets

Scanning the external regulatory horizon and providing analysis of regulatory changes, guidance and best practice. 

The Compliance Officer will have experience of working in risk management, regulatory roles in a legal services firm, insurance firm (or Third Party Administrator), or other financial services firm and shall have the following experience & competencies:

Knowledge and understanding of either the FCA or SRA Regulatory regime together with associated regulatory / legislative requirements in relation to AML, Bribery & Corruption, Financial Crime, Modern Slavery, Tax Avoidance and other related legislation

Knowledge & understanding of Risk & Compliance policies & procedures

Knowledge & understanding of Lexcel & ISO 9001

Knowledge & understanding of managing commercial insurances, engagement with insurance brokers and the administration of insurance claims

Communication skills (verbal and written) with a proven ability to communicate in clear & concise terms

Strong planning and organisation skills, with the ability to react to business needs and risks

Keyboard skills & use of appropriate IT packages–Word / Excel / PowerPoint to present risk and regulatory matters, numerical data and qualitative assessments

Teamwork – the ability to engage with the Operational Leads and to work together effectively in order to produce the necessary technical outputs

The ability to work in a secure, sensitive & confidential environment.