Compliance Analyst

Willis Towers Watson ,
Ipswich, Suffolk
Job Type: Full-time

Overview

The Role The Group Compliance Function aim is to proactively support Willis Towers Watson to generate sustainable value, helping the company to deliver good client outcomes, manage its conduct, protect against regulatory risk, and to maintain strong regulatory relationships. We aim to be a trusted partner to the business. We lead the management and co-ordination of Willis Towers Watson Group Compliance policies and procedures, identifying applicable regulatory requirements and implementing relevant processes to enable standards to be met. We also provide guidance and training. The Compliance team leads the management and co-ordination of the requirements of our global Regulators. Reporting to the Head of Policy, the Policy Analyst will; Review policies and procedures against regulatory requirements, to support regulatory compliance within the business that drives capability, conduct and culture. Assist with providing advice on appropriate controls to support these policies and procedures and evidence adherence to them. Play a key part in the roll out of updated policies, supporting the Head of Policy and Business Partnering team in co-ordination with colleagues and provision of briefing sessions. Support the development of training (for both the business and compliance function) to support new or updated policies. Supporting a range of significant projects with regulatory implications for the business. Maintain excellent and up-to-date knowledge of the UK regulatory framework and champion a leading role in determining the response to regulatory change. Undertake horizon scanning to identify upcoming developments within the UK regulatory regime, issuing internal communications to inform colleagues across the business and compliance of new regulatory initiatives and upcoming changes. Support the Head of Policy in providing technical advice to compliance colleagues (including Compliance Business Partners and the monitoring team). May also be asked to assist to perform additional activities to support compliance business partners and central compliance team activities. The Requirements Educated to Degree level or equivalent. Likely that the job holder will also have (or currently studying towards) a relevant professional qualification – for example either in legal, accountancy or business profession Professional experience within an insurance broking or insurance environment or within a highly-regulated business environment would be desirable but not essential Proactive and a self-starter Excellent interpersonal skills Ability to work, both individually and as a team, under pressure to tight timelines and without direct supervision. Organised and methodical. Excellent analytical problem-solving skills. Strong communication skills, both orally and in writing. Strong regulatory and corporate governance knowledge/understanding. Commitment to continuous professional development, and maintaining excellent understanding of regulatory developments. Must be committed to maintaining a robust compliance culture and high ethical standards. Fluent business English essential. IT literate – knowledge of Microsoft office packages needed. Equal opportunity employer