Senior Compliance Executive

Polo; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

Polo is seeking a detail-oriented Senior Compliance Executive to join the Risk & Compliance department in London. The role involves supporting compliance activities, monitoring regulatory requirements, and fostering a strong compliance culture. Candidates should possess 4 to 5 years of compliance experience, strong communication skills, and proficiency in advanced Excel and other software tools.

Qualifications

• 4 to 5 years’ experience in a compliance role for Managing Agency or Broker.
• Understanding of FCA’s DISP Rules and knowledge of complaint handling processes.
• Proactive in managing caseload with attention to deadlines and quality.

Responsibilities

• Support and assist the Compliance Team in various compliance matters.
• Maintain good working relationships and promote a compliance culture across the business.
• Communicate regulatory information clearly and track compliance performance.

Skills

Regulatory awareness

Strong communication skills

Analytical skills

Organizational skills

Negotiation skills

Tools

Advanced Excel

Word

Access

PowerPoint

Job description

Senior Compliance Executive

Department: Risk & Compliance

Employment Type: Permanent

Location: London

Reporting To: Head of Compliance

Description

Are you a detail-oriented compliance professional looking to take the next step in your career? At Polo Works, we're looking for a dedicated Senior Compliance Executive to support the day-to-day operation of our Compliance Function. As a key member of our established team, you’ll play a crucial role in ensuring we meet all regulatory requirements by undertaking compliance monitoring and supporting a range of compliance-related activities.

If you're passionate about upholding high standards, contributing to a collaborative team, and making an impact in a fast-paced environment, we’d love to hear from you.

Key Responsibilities

To support and assist the Compliance Team in the fulfilment of compliance matters.

Contribute to the continuing development of the compliance function.

Assist with the tracking of compliance actions as part of the annual Compliance Plan and report on the progress throughout the year.

Undertake monitoring including field monitoring in key risk areas i.e. contract certainty and slip reviews.

Assist in the preparation of Committee and Board reports as required (e.g. Conduct Risk and Complaints Reports, MI for Board reports).

Assist in the development and maintenance of the compliance pages of the intranet.

Assist/undertake regulatory processes and reporting as required.

Develop and maintain good working relationships with the business and promote a strong and positive compliance culture and respond to general queries to support the business.

Assist in the development and/or improvement of policies and procedures and processes to ensure they continue to support the business in complying with regulatory requirements.

Assist/undertake regulatory horizon scanning and impact assessments.

Assist/undertake regulatory processes and reporting as required.

Assist with ensuring timely reporting to Lloyd’s and the FCA via the Business Calendar.

Assist (as appropriate) with the maintenance of the Compliance training system and monitoring of staff completion as well as further development of required courses.

Communicate relevant regulatory information to business areas in a clear and concise manner and provide oversight of any resulting actions.

Assist with the tracking and monitoring of compliance performance against agreed risk appetite.

To proactively promote a compliance-led culture across all areas of the business.

Maintain an overview and knowledge of regulation, expectation, good market practice and requirements and to report on material changes to such regulation.

To maintain compliance with any applicable UK or International statutory or regulatory obligation as required by the role.

Skills, Knowledge & Expertise

4 to 5 years’ experience in compliance role for Managing Agency or Broker.
Regulatory and market awareness. Demonstrate an understanding of the FCA’s DISP Rules, as well as knowledge of both the FCA and Lloyd’s complaint handling processes.
Strong communications skills. Written and verbal communication skills and be able to articulate detailed and complex issues in a clear and concise manner.
Reasoning / negotiation skills. Confidence in your knowledge and expertise.
Organisational skills. Pro-active and capable of managing your own caseload; adhering to deadlines and quality standards when doing so.
Strong numerical and analytical skills.
Strong understanding of multiple software applications with advanced Excel skills and very good capability in Word, Access, and PowerPoint.
Good communicator able to build relationships with colleagues and partner organisations.
Resourceful and able to apply own initiative in resolving issues.
Strong planning and organisation skills with a keen attention to detail.
Proactive and personable approach.