Compliance Officer

Compliance Monitoring OfficerLondon – 2-3 days per week in the officeSalary: £60,000 - £70,000 + Bonus & BenefitsLutine Bell are working with a leading Insurance organisation who are looking to appoint a Compliance Monitoring Officer into their expanding Compliance function.Reporting to the Head of Compliance, the role provides compliance oversight through planning and leading projects to independently test and evaluate the effectiveness of regulatory controls, risk management process and governance practices across the organisation.Core Responsibilities:Apply critical thinking to analyse information from multiple sources, drawing conclusions and making informed and timely, decisions.Simultaneously managing multiple assessment projects across all lifecycle stages (planning, testing, reporting, follow-up) using project and time management methods, ensuring timely delivery and quality with minimal supervision.Independently identifying and assessing risk, Identifying key controls within a process, designing internal controls and repeatable test plans.Conducting independent testing and validation of key controls to ensure they are well-designed and working effectively to reduce risks and provide good customer outcomes.Maintaining consistent, transparent communication and documenting weekly progress updates with second-line Business Partners and key first-line stakeholders throughout the project delivery lifecycle. Effectively presenting findings and recommendations to senior stakeholders and providing a thorough assessment of the internal control environment via both verbal presentations and formal written reportsSkills & Experiences: Financial Services experience within Compliance Monitoring or AuditExperience testing design and effectiveness of controls using a structured methodology framework. I.e. Internal/ External AuditAbility to provide insights using a range of tools and technology to analyse and visually represent data.Documenting findings, control gaps or areas of non-compliance and recommending improvements to reduce risk or improve operational efficiency