The purpose of this position is to support the Risk Management and Compliance Support Department (“RMCS”) and MRS-NA BA’s Board of Management in advising the business and delivering key legal and regulatory obligations to ensure MRS-NA BA continues to meet its legal and regulatory requirements.Location:

LondonCategory:

ComplianceType:

PermanentGeneral Duties and ResponsibilitiesBe a first contact for general compliance queries, to resolve quickly and efficientlyGuide and assist the business in delivering the correct outcomes for their clients and important partners whilst ensuring the appropriate balance is struck between the commercial interests of MRS-NA BA; the goals of the FCA and the interests of their clientsConduct horizon scanning, notably UK and US regulation, to identify any regulatory changeWork with the Head of Risk and Compliance and the business to implement, embed and provide ongoing monitoring of legal and regulatory developments, identifying opportunities to collaborate with Group businesses and use existing skills and processes wherever possibleBe the subject matter expert and lead the project to implement additional regulatory requirements under the Senior Managers and Certification Regime for Enhanced Scope firms within the transitional periodIn-depth understanding of the insurance market and placing process is necessaryIn-depth understanding of the FCA handbook as it relates to solo-regulated insurance intermediaries is essential, in particular PRIN, SYSC, COCON, COND, FIT, TC, PROD, ICOBS and SUPExperience working in a regulated environment is essential, preferably within an insurance intermediary or insurance companyExperience with US surplus lines business is preferred but not essential

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