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Compliance Monitoring Risk Manager

Audit and Risk Recruitment
Manchester / Brighton
Up to £57,000 + Bonus + Benefits
Closing date
5 Mar 2023

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Employer Sector
Insurance, Financial Services
Contract Type
Full Time
Job Type
Risk Management, Risk Assurance

Job Details

Compliance Monitoring Risk Manager

The Audit and Risk Recruitment Company* (ARRC) has been mandated by our client, a global insurance giant, to assist in their search for a Compliance Monitoring Risk Manager, responsible for compliance monitoring reviews including operational risk.

You will be responsible for assisting in the delivery of robust second line assurance to the business. You will be responsible for providing assurance either through functional or thematic reviews throughout the year, helping the business to understand compliance, operational & insurance risk and other business issues; preparation of action plans in order to resolve these issues; tracking actions through to completion and reporting on the same.

The role also offers international travel to locations such as Dubai, Dublin and Hong Kong, offering opportunities to learn about different regulations.

Role Responsibilities

  • Appraise the reliability of internal controls, identifying areas for improvement and monitoring corrective action
  • Assess adherence to relevant FCA & other rules, regulations, codes and internal policies and procedures
  • To plan, organize and carry out assurance activities as directed by the Head of Operational Risk and Compliance Monitoring
  • To collate, analyze and record business/management information in preparation for undertaking face-to-face and desk-based monitoring work
  • To deliver effective, relevant and timely reports on findings of assurance activities undertaken in relation to compliance and regulatory control environment
  • Presentation of report findings to the business in a constructive professional manner, and whilst applying business acumen, helping to find solutions where issues have been identified
  • Monitor performance and quality of corrective actions arising out of reports, providing guidance where needed, and maintain a well documented audit trail of work performed
  • Participating in the development of best practice risk models and methods to develop credible assurance and compliance processes and controls throughout the business
  • Provide Business Intelligence throughout the year which will help inform the revision of the Monitoring Plan and planning for the following year
  • Assist the process of identifying, monitoring and measuring risk, in conjunction with line management and other specialist functions (Internal Audit, Risk Team and Legal) so that risks affecting the business may be effectively managed
  • Assure the continued compliance with local regulatory rules and overseas Regulators where relevant and applicable, and any other local Codes of Practice

Experience and Qualifications

  • Professional qualification an advantage (e.g. Audit, Risk, Compliance or Accounting) e.g. International Compliance Association Governance, Risk & Compliance Diploma
  • Proven experience of working in compliance and risk within a UK regulated environment
  • Practical experience in implementing assurance and compliance monitoring frameworks, processes, tools and technology
  • Experience of implementing controls and developing risk frameworks
  • Experience of balancing business needs, goals and objectives with regulatory compliance to ensure appropriate decisions are made
  • Experience of analyzing and adapting to different situations requiring interpretative and constructive thinking and a considerable degree of evaluative judgement

*The Audit and Risk Recruitment Company - The Audit and Risk experts.


Audit and Risk Recruitment specialises in the recruitment and assessment of audit, IT audit, compliance and risk professionals across Professional Services, Industry and Commerce and Financial Services.

Established by leading industry consultants with over 20 years’ experience, we have successfully placed ‘000’s of audit, IT audit, compliance and risk professionals into over 300 companies across the UK, Europe, APAC and North America.

Alongside our two sister brands, Tax & Treasury Recruitment and Sustainability Recruitment we are a part of Platform 1 Recruitment Group Ltd.

Company info
0203 626 0500

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