We are pleased to be working with one of the most progressive insurance networks operating in the UK today.

They have created a new Risk Assistant role where you will based in their regional office in Newcastle/Gateshead. They would also consider candidates who would prefer working from home too, with onsite meetings when required.

SUMMARY OF THE ROLE

The Risk Assistant 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.

JOB DESCRIPTION & RESPONSIBILITIES

• 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 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

REQUIRED SKILLS/PERSONAL ATTRIBUTES:

• At least 5 years’ experience in Financial Services Compliance/Risk roles.
• Able to navigate FCA handbooks, review FCA communications,
• Ability to review/draft compliance policies/processes
• Able to work with senior stakeholders
• Skills
• Must be Microsoft Office literate, including Word, Excel and PowerPoint.
• Strong communicator
• Confident to be able to ask questions and raise queries with all stakeholders

Dependent on experience, the basic salary is from £27K to £35K with excellent additional staff benefits.