Description
The Senior Compliance Analyst role supports the Regulatory Affairs & Conduct pillar in delivering compliance oversight and regulatory initiatives, focusing on regulatory change, Appointed Representatives (ARs), SMCR regimes, KRI/MI reporting, e-learning, and training.
As a Senior Compliance Analyst at Davies, you will act as a key point of contact for first-line queries, help embed good regulatory outcomes, and ensure robust administration and reporting across the pillar's activities. You will collaborate cross-functionally across all compliance pillars and the wider Insurance Services division to ensure seamless delivery of shared compliance initiatives.
Key Responsibilities
- Ensure accurate and diligent completion of timesheets within the required timeframe.
- Support the onboarding, due diligence, and ongoing monitoring of ARs, including preparing FCA notifications and assisting with annual AR reviews and thematic checks.
- Support the submission and ongoing compliance of the Appointed Representative (AR) framework and applications with the FCA for SMCR, maintaining accurate AR and SM registers and documentation.
- Assist the Senior Compliance Manager in delivering other activities related to SM&CR and conflicts of interest management.
- Administer the compliance e-learning programme, including overseeing content updates, deployment, completions tracking, and management information reporting.
- Collate and validate data for key risk indicators (KRIs) and management information (MI) from across the pillars, producing regular dashboards and reports for governance forums.
- Collate information required for submitting regulatory reports.
- Assist with horizon scanning, regulatory change logs, and the implementation of regulatory updates, as delegated by the Senior Compliance Manager.
- Respond to compliance queries from the business, escalating complex matters as needed, and assist with policy reviews and updates.
- Act as the designated compliance client-lead for an allocated portfolio of clients: meet regularly with client contacts, manage expectations, escalate issues as appropriate, and provide feedback and insights to the wider compliance team to support continuous improvement and client satisfaction.
- Work collaboratively with other Compliance pillar leads and teams to ensure seamless delivery of cross-functional compliance initiatives and projects.
Skills, Knowledge & Expertise
- Experience in compliance within an FCA-regulated environment (insurance/Lloyd's preferred).
- Working knowledge of SM&CR and AR regimes.
- Progress toward a relevant professional qualification (e.g., ICA, CISI, CII) desirable.
- Working knowledge of territorial licensing requirements a plus.
- Strong organisational and planning skills, with the ability to manage multiple priorities.
- Excellent written and verbal communication skills.
- Proactive, detail-oriented, and adaptable to changing requirements.
- Ability to build and maintain effective working relationships across teams.
- Competent user of Microsoft Applications (including Co-Pilot, Outlook, Word, Excel, and PowerPoint), with an aptitude for leveraging technology and AI to improve compliance processes.
Benefits
- 35-hour working week with hybrid and flexible working.
- Generous holiday allowance that increases with service.
- Private medical insurance with virtual GP access.
- Annual health screening, dental cover, and eye care.
- Subsidised gym or sports club membership.
- Enhanced maternity, paternity, adoption, and shared parental pay.
- Highly competitive pension with up to 13% employer contribution.
- Life assurance and income protection.
- Discretionary annual bonus scheme.
- Interest-free season ticket loan and salary sacrifice schemes.