Expired
Company:
Asta Capital Limited
Location: London
Closing Date: 17/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Main purpose of job:
To act as a deputy to the Head of Regulatory Affairs, supporting day-to-day compliance activities, managing the Compliance Team, attending meetings, producing reports and deputising as required.
Generic tasks:
ISO 27001 All Staff - to comply with the applicable Information Security Management System (ISMS) policies, including Clear Desk and Screen Policy, attend annual IT security training, Information Systems Usage policy. Managers only – ensure that all direct reports comply with all ISMS policies. Timesheet - Ensure timesheets are accurately and diligently completed within the required timeframe. Manager’s only – in addition, ensure timesheets are authorised within the required timeframe. Conduct Standards – Tier 1 - All Staff – to comply at all times with the PRA/FCA’s Conduct Standards, namely: 1.) to act with integrity 2.) to act with due skill, care and diligence and 3) to be open and co-operative with the FCA, the PRA and other regulators. 4) You must pay due regard to the interests of customers and treat them fairly. 5) You must observe proper standards if market conduct.
Key tasks:
Act as a deputy to the Compliance and Governance Director in the delivery of Asta’s compliance plan, including associated monitoring and reporting. Manage more junior members of the Compliance team and any direct reports including with regard to Sanctions, TOBAs, Conduct Risk and Complaints. Review and analyse regulatory changes, providing reports and updates to Asta staff and clients as appropriate. Review compliance policies annually and develop policies where necessary. Lead regular compliance meetings with managed clients, providing appropriate advice as necessary. Lead the creation and delivery of both online and face-to-face compliance training to Asta staff and clients. Provide high quality sanctions advice to managed clients within established SLAs. Assist in the on-boarding process for new Asta clients and the migration process for exiting clients. Review the assigned risk controls on a quarterly basis to ensure that any related issues are raised. Lead the annual capacity and auctions process in line with the Lloyd’s capital timetable.
Key technical skills, knowledge and professional qualifications:
Strong technical knowledge of UK insurance regulation and experience working within a Lloyd’s managing agent. Experience of applying regulatory knowledge within an insurance business. Experience in handling Sanctions referrals. Complaints/Conduct Risk experience advantageous. Degree level education preferable and ACII qualified, or working towards this. Competent user of Microsoft Office (including Outlook, Word, Excel and PowerPoint).
Generic tasks:
ISO 27001 All Staff - to comply with the applicable Information Security Management System (ISMS) policies, including Clear Desk and Screen Policy, attend annual IT security training, Information Systems Usage policy. Managers only – ensure that all direct reports comply with all ISMS policies. Timesheet - Ensure timesheets are accurately and diligently completed within the required timeframe. Manager’s only – in addition, ensure timesheets are authorised within the required timeframe. Conduct Standards – Tier 1 - All Staff – to comply at all times with the PRA/FCA’s Conduct Standards, namely: 1.) to act with integrity 2.) to act with due skill, care and diligence and 3) to be open and co-operative with the FCA, the PRA and other regulators. 4) You must pay due regard to the interests of customers and treat them fairly. 5) You must observe proper standards if market conduct.
Key tasks:
Act as a deputy to the Compliance and Governance Director in the delivery of Asta’s compliance plan, including associated monitoring and reporting. Manage more junior members of the Compliance team and any direct reports including with regard to Sanctions, TOBAs, Conduct Risk and Complaints. Review and analyse regulatory changes, providing reports and updates to Asta staff and clients as appropriate. Review compliance policies annually and develop policies where necessary. Lead regular compliance meetings with managed clients, providing appropriate advice as necessary. Lead the creation and delivery of both online and face-to-face compliance training to Asta staff and clients. Provide high quality sanctions advice to managed clients within established SLAs. Assist in the on-boarding process for new Asta clients and the migration process for exiting clients. Review the assigned risk controls on a quarterly basis to ensure that any related issues are raised. Lead the annual capacity and auctions process in line with the Lloyd’s capital timetable.
Key technical skills, knowledge and professional qualifications:
Strong technical knowledge of UK insurance regulation and experience working within a Lloyd’s managing agent. Experience of applying regulatory knowledge within an insurance business. Experience in handling Sanctions referrals. Complaints/Conduct Risk experience advantageous. Degree level education preferable and ACII qualified, or working towards this. Competent user of Microsoft Office (including Outlook, Word, Excel and PowerPoint).
Asta Capital Limited
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