Compliance Analyst
Brussels
Open-ended
Selection & Interim
Are you a detail-oriented Compliance Analyst with a passion for staying ahead of regulatory changes? Our client is seeking a proactive individual to join their team. Responsibilities include keeping the business informed of regulatory developments, conducting impact assessments, and providing guidance on compliance matters. The ideal candidate is fluent in English and previous experience in compliance sector. If you are a self-starter with a solution-oriented mindset and excellent communication skills, this opportunity with a competitive salary package, pleasant work environment, and room for career growth could be your next big step!
Description
- Keeping informed of regulatory developments, considering the impact, and communicating key changes out to the business, including in the UK, Canada, Australia and Europe.
- Conducting initial impact assessments for new financial crime requirements.
- Being responsible for co-ordinating all sanctions pre bind referral requests from underwriters, including maintaining the sanctions log and allocating referrals to members of the team and monitoring completion.
- Supporting the team in undertaking initial due diligence on pre-bind sanctions referrals.
- Providing advice and guidance to the business on regulatory matters, including licencing and sanctions referrals.
- Reviewing and updating compliance policies and procedures.
- Producing appropriate financial crime MI for management and board committees.
- Training to the business on financial crime and other matters as required.
- Supporting with complaints handling, ensuring adherence to regulatory timescales.
- Supporting the Senior Compliance Analyst with the annual financial crime risk assessment.
- Supporting in other areas of compliance when the need arises (e.g. SMCR conduct rule breach investigations, drafting the compliance plan, delivering training).
- Co-ordinating broker due diligence and drafting of new EEA TOBAs.
- Drafting regulatory returns.
- Ensuring there are appropriate financial crime policies in place that adhere to the LIC Financial Crime guidelines.
- Handling EEA complaints in accordance with timescales.
- Supporting with management and oversight of PCPs.
Your profile
- Fluent in English.
- Technical knowledge of PRA/FCA regulations.
- Experience working in a regulatory compliance role within the insurance sector is a plus.
- Financial crime experience.
- Ability to work independently, pro-actively – meeting deadlines and maintaining flexibility in a fast-paced environment.
- Demonstrates the ability to approach compliance matters in a pragmatic and solution-oriented manner.
- Proven track record of working on own initiative to support the business.
- Excellent communication skills – both verbal and written. Confident to interact with all levels of staff within the business.
- Always acts with upmost integrity and highest ethical standards.
Offer
- Monthly salary indication: € 3501 - € 6000
- A competitive salary package.
- A pleasant work environment.
- Training opportunities and career development prospects.
