Average Compliance Analyst salary in the UK

Job Title: Compliance Analyst Location: Leicestershire  Full/Part Time: Full Time Salary: £35,000 Overview of the role purpose As a Compliance Analyst you will be responsible for completing a range of allocation tasks including breach logging and reporting, complaints handling, customer documentation reviews, approval of financial promotions and marketing material, reviewing new and replacement insurer and Delegated Authority agreements, managing, and maintaining the Group's Insurers and Markets TOBA Register and ensuring a robust process is in place for the management of Producing Brokers.  The role will support the wider Compliance Team and business to handle customer complaints within required timeframes, ensure customer documentation and marketing material is compliant, efficiently answer and resolve insurer/markets/producing broker queries, ensure accurate system set-up, and allow us to meet regulatory obligations. You will work closely with the wider Compliance Team, Placement, Broking and Operations Teams to provide support and develop processes and efficiencies in respect of TOBA management. Team Description The Compliance Department serves as a trusted and informed Business Partner, helping to guide the organisation and its Senior Management on meeting its corporate objectives. Assist in identifying and measuring potential areas of risk and monitoring to support good practices and ensure good customer outcomes.Compliance acts as the second line of defence for Group firms, championing customers and promoting good conduct.Strong values within the team and always seek to be collaborative, pragmatic, fair and knowledgeable. What I do and achieve Investigate and respond to client complaints, seeking manager input where necessary.Log breaches of internal procedures, escalating significant items and trends to Compliance management.Approval of Marketing and Financial Promotion materialsProvide Compliance input for development and amendment of client documentation.Ensure potential sanctions matches are being addressed by the business and provide advice where required.Review and arrange sign off for new and replacement insurer agreements. Maintain TOBA register and sample check entries in line with company and regulatory changes and best practice.Review of new and renewal Delegated Authority Agreements and monitoring adherence to terms and conditions.Monitor security of approved markets and of unrated providers, escalating matters of concern.Conduct due diligence on new producing brokers using REG and /or market available information, arrange agreements and monitor activity.Collate and prepare information requests from markets and other parties for audits, reviews, and approvals.Review and approval of profit share and other agreements, ensuring appropriate client disclosure.Assist with the delivery of the Annual Compliance Plan. As required, assist with regulatory change projects and activity and undertake other reasonable responsibilities and projects as instructed by Senior Compliance Manager. What I need I have the essentials covered: Strong attention to detail and analytical skills. Effectively organises allocated work activities and plans workload both on a day-to-day basis and throughout the month.Excellent communication skills.In-depth knowledge in general insurance and financial services. Recognises when issues need to be escalated or raised with to senior colleagues.Flexibility/adaptability - adjusts quickly to changing priorities and conditions. I may also have: Attained, or is studying for recognised industry accreditation (for example, CII/ICA) an advantage but not essential. For extra information please contact:- Email:

In this role, you will work on a wide-range of compliance, conduct risk and financial crime matters. Reporting into the Head of Compliance, you will: Take responsibility for consumer duty requirements and queries from MGAs and internally, ensuring regulatory obligations are met.Collate, analyse and present Risk and Compliance MI received from MGAs on a monthly basis.Collate risk metrics from 1st line business areas for risk monitoring and for reporting to Exco and Board.Assist with full due diligence undertaken in the onboarding of new MGAs.Collate MI for regulatory returns. The Head of Compliance will provide you with support and training on areas you are unfamiliar with, but it is essential that you have an understanding of Consumer Duty and how it relates to an insurance business. You will need at least two years experience of working in a compliance role for an insurance organisation.

Sewell Wallis is working with a well-established, professional services business based in Leeds, West Yorkshire, who are currently looking for an experienced Compliance Screening Analyst to join the business and make a significant impact in a crucial area of the business on a contract basis for 12 months to cover maternity leave. In this Compliance Screening Analyst role, you will be required to review client files under the supervision and direction of the Team Leader and ensuring that the business is compliant at all times with the provisions of relevant financial services legislation. What will you be doing? The Compliance Screening Analyst will: Review the results of daily screening of contacts to determine whether there is a possible match or a false positive.Conduct searches, gather data, and record evidence from internal systems, the internet, and commercial databases; where needed, make inquiries with business or compliance contacts within the organisation.Enforce internal strategies, policies, procedures, and processes related to monitoring and escalating sanctions alerts and regulatory requirements.Capture and summarise alerts analysis with supporting documentation in adverse media and screening systems. What skills are we looking for? A minimum of 3 years of experience within legal or professional services.An advanced understanding of KYC and AML regulatory obligationsProficiency with different software. What's on offer? Modern office located near good transport links.Hybrid working (3 days in the office, 2 from home).Health cover. Send us your CV below or contact Becky Gibson for more information. To apply please send your CV, quoting our reference and specifying which website you saw this position advertised on. Due to the high volume of applications please accept that if we have not responded to your application within seven days, your application has not been successful. Sewell Wallis is a specialist recruitment company with a vast amount of experience in our industry we offer permanent, temporary and interim recruitment support for accounting and finance, human resources and business support positions. We recruit at all levels within finance from Purchase Ledger Administrator and Credit Controller level through to Financial Controller and Director positions. With offices in Sheffield and Leeds, we are well situated to cover all of South Yorkshire, West Yorkshire and Manchester. Please visit our website for more information on accountancy and finance jobs and human resources or business support positions.