Average Compliance Officer salary in the UK

This vital role supports this Insurance Group with its responsibilities to comply with Regulatory requirements, internal policies and procedures and meeting the expectations of business partners through due-diligence requests and audits. Indicative of the importance of this role to the business, this is an additional role to support the Compliance Manager. As Compliance Officer you will support our rapidly growing Insurance Client who provides underwriting and claims services. It is possible to work on a hybrid basis, balancing between working at home and in the office. There may be a requirement to travel occasionally to other offices in the UK and overseas. The main tasks of the Compliance Officer role include: Identification, monitoring and mitigation of compliance, and data protection risks across the business.Compliance monitoring reviews in accordance with the annual compliance monitoring programme.Audits and risk assessments to help the business understand compliance risk, scope, and significance.Review and provide feedback to the business on breaches and incidents.Support the review, maintenance, and organisation of related compliance policies and ensuring the policies are up to date with the relevant laws.Collaborate with Stakeholders to help create a culture of compliance.Provide real-time compliance advice, with regards to the rules, regulation and internal policies that govern the business.Prepare compliance related Management Information for Senior Management.Undertake business reviews to determine compliance with data protection regulations, data security and other related areas, recommending process improvements.Draft and review data protection-related documents and contracts, as required.Provide knowledge and understanding to train, coach, and support employees on data protection compliance requirements, where required. To be successful as Compliance Officer you will demonstrate: Compliance experience within the Insurance or Financial Services Industry.Good understanding of relevant legislation including the UK GDPR.Ability to simplify and effectively communicate applicable legislation, regulations, and policies.Critical problem solving ability.Excellent verbal and written communication and the ability to challenge at all levels.Ability to build relationships with other Business Units.Strong report writing and presentation skills.

This vital role supports this Insurance Group with its responsibilities to comply with Regulatory requirements, internal policies and procedures and meeting the expectations of business partners through due-diligence requests and audits. Indicative of the importance of this role to the business, this is an additional role to support the Compliance Manager. As Compliance Officer you will support our rapidly growing Insurance Client who provides underwriting and claims services. It is possible to work on a hybrid basis, balancing between working at home and in the office. There may be a requirement to travel occasionally to other offices in the UK and overseas. The main tasks of the Compliance Officer role include: Identification, monitoring and mitigation of compliance, and data protection risks across the business.Compliance monitoring reviews in accordance with the annual compliance monitoring programme.Audits and risk assessments to help the business understand compliance risk, scope, and significance.Review and provide feedback to the business on breaches and incidents.Support the review, maintenance, and organisation of related compliance policies and ensuring the policies are up to date with the relevant laws.Collaborate with Stakeholders to help create a culture of compliance.Provide real-time compliance advice, with regards to the rules, regulation and internal policies that govern the business.Prepare compliance related Management Information for Senior Management.Undertake business reviews to determine compliance with data protection regulations, data security and other related areas, recommending process improvements.Draft and review data protection-related documents and contracts, as required.Provide knowledge and understanding to train, coach, and support employees on data protection compliance requirements, where required. To be successful as Compliance Officer you will demonstrate: Compliance experience within the Insurance or Financial Services Industry.Good understanding of relevant legislation including the UK GDPR.Ability to simplify and effectively communicate applicable legislation, regulations, and policies.Critical problem solving ability.Excellent verbal and written communication and the ability to challenge at all levels.Ability to build relationships with other Business Units.Strong report writing and presentation skills.

A highly successful and award winning chartered financial planning practice is looking for a Compliance Officer / File Checker to join its team. Reporting to the Compliance Director, the role holder will be instrumental in developing, implementing, and monitoring effective compliance frameworks and policies across the company. Compliance Officer: Support the Compliance Director to develop and implement comprehensive compliance policies and procedures throughout the organisation such as T&C, advice framework, scanning, etc.Complete thorough file checks of advice cases to ensure adherence to both internal standards and regulatory requirements, providing constructive feedback relating to areas of improvement.Conduct regular audits and risk assessments to identify potential areas of compliance vulnerability and risk; develop/implement corrective action plans for resolutions.Provide advice and guidance on the interpretation of regulatory requirements and their implications for business operations.Keep abreast of, interpret, and communicate changes in FCA regulations to relevant departments, ensuring that all policies and procedures are updated accordingly.Conduct compliance training sessions for employees to ensure company-wide awareness and understanding of compliance policies and regulatory requirements.Manage and report on the handling of complaints in accordance with FCA guidelines, ensuring effective resolutions.Support the Compliance Director in their capacity as the main point of contact with the FCA and other regulatory bodies, managing all communications and reporting requirements.Act as liaison and maintain effective relationships with external third-party compliance support services.Foster a compliance culture within the organisation and contribute to strategic planning from a regulatory perspective. The successful Compliance Officer will have: Level 4 CII Diploma in Regulated Financial Planning or equivalent relevant qualification, or working towards this.Proven experience as a Compliance Officer or similar role within an FCA regulated financial advice business.Thorough understanding of FCA regulatory frameworks and compliance requirements. A competitive package is on offer with a comprehensive benefits package. Happy to discuss upon application; based on level of seniority and experience