Compliance Analyst, Finance & Banking

Overview

We have a role available for a Compliance Analyst in Newcastle. The main purpose of the role is to deliver independent and reliable compliance assurance by planning and executing control testing, analysing results and identifying root causes.

The Compliance Analyst supports remediation activities and acts as a subject-matter resource on controls and testing methodologies. The role also contributes to enhancing the assurance framework, helping the organisation proactively manage regulatory, policy, and control risks.

Key responsibilities will include:

• Deliver risk-based assurance activity in line with the Compliance Monitoring Plan (CMP) through auditing, data analysis, stakeholder engagement and reporting.
• Conduct file reviews, sampling, exception testing, and other assurance activities to support the quarterly monitoring dashboard.
• Ensure all testing is executed to a high standard, and that work papers are complete, accurate, and audit ready.
• Document findings clearly and escalate non-compliance, exceptions, or observations in accordance with procedures.
• Track remedial actions to completion, validate evidence and perform re-testing where required.

• Contribute to monthly dashboards, and quarterly enterprise risk management and group risk reporting.
• Identify patterns and trends across testing cycles and proactively flag control weaknesses.

• Support the mapping and maintenance of the control library.
• Assist with the development and enhancement of compliance monitoring methodologies and assurance processes.
• Assist with planning of reviews, including scoping tests and assessing control design and regulatory requirements.

• Coordinate the day-to-day activities of the compliance monitoring function.
• Support other compliance activities as required, including the group sanctions screening programme.

• Organised and analytical, with a high level of accuracy and good attention to detail.
• Excellent problem-solving skills.
• A critical thinker with the ability to interpret and present data.
• Experience in the financial services / insurance industry.
• Knowledge of insurance, sanctions, regulatory framework and shipping is desirable.
• Microsoft Office Skills – Word, Excel and PowerPoint. Ability to pick up other internal IT systems quickly.
• GCSE / A Levels including English and Mathematics or equivalent experience.

We are a specialist marine insurer and a member of the International Group of Protection and Indemnity clubs, owned by its shipowner members and controlled by a board of directors drawn from its membership. We’re one of the world’s leading and most influential P&I Clubs. Employing over 600 people globally, we provide an unmatched depth and breadth of expert se to our members.

Our culture is hugely important to us enabling us to fulfil our brand promise, ‘Taking on tomorrow, together’. Together we are empowered, inquisitive and courageous, giving the best of ourselves to our colleagues, customers, members and the communities we serve.

We provide excellent service to members, build long-lasting relationships built on trust and understanding, and treat our colleagues in the same way. It doesn’t matter who you are or what you do, we all act as role models and celebrate our cultural principles.

• 27 days annual leave + bank holidays (rising with length of service).
• An annual company bonus scheme.
• Private Medical Insurance.
• Life Insurance
• Structured learning and development with support towards obtaining professional qualifications that are relevant to your job.
• Gym Allowance/Access to Office Gym

Salary starting from £35,000, dependant upon experience