Logo of Huzzle

Home

Matches

Explore

Manage

Compliance Analyst

image

Arch Capital Group Ltd.

Sep 16

  • Job
    Full-time
    Mid & Senior Level
  • Legal
  • London
  • Quick Apply

AI generated summary

  • You must have strong Conduct and Financial Crime knowledge, provide guidance on regulations, maintain compliance documents, and review financial promotions for regulatory alignment.
  • You will support compliance activities, promote a compliance culture, conduct training, review policies, assess products, and coordinate compliance materials for reports and committees.

Requirements

  • - Compliance analyst role with strong Conduct experience and/or Financial Crime knowledge.
  • - Provide guidance on financial crime and international sanctions regulations.
  • - Review and maintain compliance policies, procedures and guidance documents to align with regulatory changes and industry best practices.
  • - Review and approve financial promotions to ensure compliance with regulatory standards and marketing guidelines.

Responsibilities

  • Contribute to the delivery of Compliance Plan activity and support the development of Compliance reports updating the business on the functions progress towards its Annual Compliance Plan.
  • Promote a compliance culture by proactively identifying and addressing compliance risks, raising awareness of compliance matters and encouraging adherence to applicable laws and regulations.
  • Drive improvements in areas of responsibility and propose changes to improve compliance and business efficiency.
  • Assist the Senior Compliance Manager with overseeing and enhancing the Compliance Framework.
  • Provide guidance on financial crime and international sanctions regulations.
  • Assist the Senior Compliance Manager with overseeing the product and distribution arrangement within Arch by carrying out second line of defence product/binder reviews to assess compliance with internal controls and regulatory requirements.
  • Work together with Arch HR (training and development) to develop and deliver all regulatory and compliance e-learning to ensure staff meet with regulatory training requirements. Deliver ad hoc in person training as and when required.
  • Review and maintain compliance policies, procedures and guidance documents to align with regulatory changes and industry best practices.
  • Review and approve financial promotions to ensure compliance with regulatory standards and marketing guidelines.
  • Maintain the Compliance Intranet page, co-ordinating inputs and content from other team members.
  • Coordinate the production and distribution of compliance materials and papers for relevant Committee and Board submissions.

FAQs

What is the main focus of the Compliance Analyst role?

The main focus of the Compliance Analyst role is to promote a compliance culture within the organization, address compliance risks, and support the delivery of the Compliance Plan while ensuring adherence to applicable laws and regulations.

What qualifications or experience are required for this position?

The role requires strong conduct experience and/or knowledge in financial crime, along with an understanding of compliance risks and regulations.

What are the key tasks and responsibilities of the Compliance Analyst?

Key tasks include contributing to compliance reporting, driving improvements in compliance and business efficiency, providing guidance on financial crime regulations, overseeing product reviews, and maintaining compliance policies and documentation.

How will the Compliance Analyst contribute to staff training?

The Compliance Analyst will collaborate with Arch HR to develop and deliver regulatory and compliance e-learning, as well as provide ad hoc in-person training as required.

What does the review of financial promotions involve?

The review of financial promotions involves ensuring compliance with regulatory standards and marketing guidelines before they are approved for distribution.

How does the Compliance Analyst maintain communication and information sharing within the team?

The Compliance Analyst is responsible for maintaining the Compliance Intranet page by coordinating inputs and content from other team members, as well as coordinating the production and distribution of compliance materials for Committee and Board submissions.

What is the approach Arch takes towards compliance culture?

Arch promotes a proactive compliance culture by identifying and addressing compliance risks while encouraging adherence to laws and regulations.

Will the Compliance Analyst be involved in regulatory changes?

Yes, the Compliance Analyst will review and maintain compliance policies and procedures to align with regulatory changes and industry best practices.

What does it mean to assist in the second line of defense product/binder reviews?

Assisting in second line of defense product/binder reviews involves assessing compliance with internal controls and regulatory requirements related to product distribution arrangements.

How can I express my interest in future job openings at Arch if this position is not the right fit?

You can create a job alert by signing up for an account and opting in to receive emails about job openings that meet your criteria. Additionally, you can join Arch’s talent community to share your preferences with the Talent Acquisition team.

image

Arch Capital Group Ltd.

Finance
Industry
5001-10,000
Employees
2001
Founded Year

Mission & Purpose

Arch is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, with corporate headquarters in Bermuda. Our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Since our formation in 2001, Arch has grown organically, by building capacity in diverse lines of insurance, and through targeted acquisitions of businesses that enhance our offerings and fit our culture. We see our employees as our greatest asset and we’re deeply committed to doing what’s right for our people and the communities where we live and work. That’s why we offer what matters to our expanding, diversifying team — from a collaborative and creative environment, to professional growth opportunities and forums to advocate for one another and spark change. As a corporation, we support initiatives to improve housing, education and equity around the world. At the same time, we encourage our employees to give to the causes that matter to them by providing Volunteer Time Off and Matching Gifts programs. Whether you’re looking for an insurance solution, a place to grow your career or simply to better understand what we offer our shareholders, we’re glad you’re here. ATTENTION JOB SEEKERS Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously. If you receive a communication or email, please be vigilant to fraudulent activity asking you to submit any personal information. DO NOT send money or share any details with someone suggesting they can provide employment with Arch. Your information should only be entered into our official job portal. Please know the following about our interviewing and hiring practices: We never make job offers without a formal interview process. We never ask you to send money of any kind.