Risk Assistant
Job Market – Insurance Risk & Compliance
Risk Assistant – About the role
You will provide day to day support to the Chief Risk Officer & compliance team.
This role is essential in ensuring smooth processes, maintaining accurate records, and delivering a positive risk experience. The ideal candidate will be highly organised, detail-oriented, and capable of handling confidential information with discretion.
Risk Assistant - Key duties
Coordinate, research and draft Member firm risk reviews
Issue annual risk reviews to Appointed Representatives (AR’s)
Assist in Risk Control Self Assessments
Quality checking data in Complaints, Breaches, Advertising and FP logs on a monthly basis
Assisting in changes to FCA register (assisting in submitting CF1 Applications and making changes to firm details)
Downloading and creating Risk Management Information (MI) Packs
Preparation of Risk Committee MI pack
Assist in monitoring Regulatory Developments
Assist in issuing Risk/compliance communications to ARs
Assist in Compliance policy reviews & related AR training
Assist in management of Data Protection Breaches – documenting whether the Information Commissioner’s Office notifications are required
Assist in developing the Risk framework and related Management information
Assist with Product Governance reviews including Fair Value documentation and Distributor requests from Insurers, Managing General Agents and Wholesale Brokers
Assist in Risk and Compliance Projects as required
Risk Assistant - Key requirements
Ideally will hold relevant Financial Services qualifications or training
Experience in Financial Services Compliance/Risk roles - able to navigate FCA handbooks, review FCA communications
Ability to review/draft compliance policies/processes
Must be Microsoft Office literate, including Word, Excel and PowerPoint.
Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
A copy of our D&I policy can be made available upon request
