Compliance and Risk Director

Job type:
12 months
Gibbs S3
flag_no USA
project ID:

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Gibbs S3 are looking for a Compliance and Risk Manager with strong Solvency 2 understanding to work within our leading financial client based in London. This could be a Full-time or part time role and the client would be flexible with the right candidate.

This role will require a Director Level candidate as far as knowledge is concerned but you will not be managing staff or a team of staff.

Job Role:

Preparing an Annual Compliance plan setting out arrangements for compliance with relevant rules and guidance, including the FSA Handbook, the Consumer Credit Act requirements, and other international requirements as appropriate. You will also need to show previous experience of developing and maintaining appropriate compliance policies for implementation within the business.


-Monitors and manages changing regulatory requirements.
-Reviews regulatory compliance requirements to include analysis of business impact/operational risk assessment for enacted laws and regulations and recommends company actions to ensure regulatory compliance
-Manages regulatory agency relationships to obtain approvals and provides required regulatory feedback.
-Acts as day to day point of contact for FSA, including preparation and submission of non-financial returns and other notifications as required. Coordinates with Ltd personnel regarding financial reports.
-Conducts detailed analysis, periodic testing and data mining to identify, validate, and manage emerging risk exposures. Assists senior management in the early identification of risk trends by establishing and monitoring key performance and risk indicators/metrics.
-Prepares key reports and communications for planning conferences, rating agencies, senior executives, risk and compliance committees, and the Board of Directors that describe the status of regulatory compliance, outline findings, explain risk positions, and recommend appropriate change as needed.
-Collects accurate and complete internal loss data from business areas and manages the process for collecting external loss data from various resources. Performs detailed analysis of loss data to identify trends and possible systematic weaknesses.
-Oversees the development and implementation of operational and non-operational risk management programs
-Provides compliance subject matter expertise for material project/process/product and strategic initiatives.
-Reviews such initiatives for potential risks, including leading risk workshops and conducting compliance/risk training as appropriate.

Essential Skills Required:

Advanced knowledge of relevant regulatory data sources.
Expert knowledge of data analysis tools and techniques.
Expert knowledge of relevant industry regulations.
Expert knowledge of regulatory compliance.