Risk Assistant

Risk Assistant

Job Market - Insurance Risk & Compliance

Risk Assistant - About the role

You 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.

Risk Assistant - Key duties

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 the 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

Risk Assistant - Key requirements

Ideally will hold relevant Financial Services qualifications or training

Experience in Financial Services Compliance/Risk roles - able to navigate FCA handbooks, review FCA communications

Ability to review/draft compliance policies/processes

Must be Microsoft Office literate, including Word, Excel and PowerPoint.

Along with our client, we are committed to a diverse workforce and as such recruit from a wide available pool of talent, with the hiring, assessment and selection process being fair, free from bias and one which ensures the right person is selected for the job, based on merit. We treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

A copy of our D&I policy can be made available upon request.