Compliance Business Partner

**The Role** The Compliance Business Partner will be part of the global Human Capital and Benefits (HCB), Risk, Investment compliance team, and will have a focus on the Health and Benefits (H&B) business, within HCB, as well as supporting businesses within the wider HCB segment. The H&B business specialises in a range of employee benefits, including in particular, group health and life insurance products. The role will be high profile offering significant opportunity to work with senior management, contribute to the further development TWL's control environment and governance framework as well as to gain experience working with TWL's other business areas. Specific responsibilities include: + Supporting the Compliance Director for Towers Watson Ltd in overseeing and managing the overall compliance framework for and delivery of compliance support to H&B and other businesses within HCB. + Providing strategic advice to our business leaders regarding the appropriate control environment for WTW's various activities. + Providing technical regulatory advice as required in connection with the regulatory aspects of specific transactions, existing services and proposed new services. + Developing and monitoring the adequacy and effectiveness of the existing compliance arrangements in place for TWL and ensuring that remedial action is taken where any deficiencies are identified. + Maintaining up to date knowledge of the regulatory framework in the UK and determining how changes affect H&B/HCB, and assist with briefing senior management, and produce changes to internal policies, manuals and procedures. + Support monitoring reviews, checking on the businesses' compliance with internal policies and procedures. + Assist with horizon scanning and monitoring of the adequacy of internal policies, procedures and controls against new regulations. + Dealing with any enquiries from and leading on behalf of the business during inspections or audits undertaken by the FCA and other regulatory authorities from time to time. + Dealing with ad-hoc compliance and regulatory queries from clients and colleagues. + Support response to significant regulatory developments such as SMCR, IDD and Brexit. **The Requirements** + Strong working knowledge of the Insurance Distribution Directive and the regulatory framework applicable to insurance intermediaries. + A minimum of two years' experience within a control function of an FCA regulated firm, or other relevant professional experience, e.g. as a legal professional or as a consultant working with regulated firms. + Commitment to continuous professional development and maintaining excellent understanding of regulatory developments. + Ability to navigate change, complexity and ambiguity. + Accurately and efficiently maintain and manage an assigned workload. + Excellent interpersonal skills and the ability to engage effectively with senior management and colleagues to promote a positive and business focused compliance culture. + Strong oral and written communication skills. + A proven ability to work both independently and as a team player in a fast-paced, demanding environment. + Must be committed to maintaining a robust compliance culture and high ethical standards. + A relevant professional qualification e.g. CII, CISI + Experience within another employee benefits firm or an insurance provider or intermediary. + Working knowledge of MiFID II and regulatory framework applicable to investment advisers. + The successful candidate should be comfortable working closely with the business and supporting its commercial objectives while retaining independence. **Equal opportunity employer**