Compliance Monitoring Specialist, Aviva
Eligibility for annual performance bonus
Insurance, wealth and retirement business
Posted today
Insurance, wealth and retirement business
1001+ employees
Posted today
Eligibility for annual performance bonus
1001+ employees
Company mission
With you today, for a better tomorrow. Aviva exist to be with people when it really matters, throughout their lives.
Role
Who you are
- This is a great job for someone who understands the investment management business model & process
- Compliance Monitoring Experience: Proven track record in conducting compliance monitoring reviews
- Surveillance Knowledge: An understanding of surveillance activities, especially with respect to market abuse, is desirable
- Financial Services Experience: Background in the financial services industry
- Project Management Skills: Proficiency in project management, including developing and executing testing plans
- Stakeholder Management Skills: Excellent ability to manage and engage with stakeholders effectively
What the job involves
- Compliance Monitoring Specialist - 12 Month Fixed Term Contract
- We are seeking a dedicated Compliance Monitoring Specialist to join our team
- In this role, you will be responsible for conducting independent second line risk-based monitoring, themed reviews, and ad hoc reviews of procedures, business, and compliance processes
- Your goal will be to identify and escalate potential gaps in adherence to applicable laws, regulations, regulatory guidance, and Aviva Investors or Aviva Group policy
- You will play a crucial role in producing well-written, coherent, and succinct reports on your reviews, which will be circulated to senior stakeholders
- Additionally, you will oversee risk-based surveillance tasks to ensure that first line controls related to order/best execution processes, market abuse prevention, and conflicts of interest are functioning effectively
- Building and maintaining constructive relationships within relevant business areas is essential, as is fostering strong relationships with and providing support to other members of the Compliance team
Salary benchmarks
Our take
With 18 million international customers, Aviva is the largest provider of insurance and leading life and pension funds in the UK. With a history that dates back to the founding of Hand in Hand Fire & Life Insurance Society in 1696, Aviva’s current form is thanks to a merger between Norwich Union and CGU plc in the year 2000.
Over the noughties, Aviva grew its market out to Europe and established a high-profile foothold in America thanks to the most expensive advertising campaign of the time that included celebrities Alice Cooper and Bruce Willis. Into the 2010s, the insurance broker was forced to restructure and close a large number of its non-core businesses in a bid to increase its shareholder returns and streamline its focus. In 2012 it sold its US wing to Athene Holding to further this goal.
Now stripped back after sell-offs of subsidiaries in Indonesia, Italy, and many more countries, Aviva is refocusing on pensions. In the wake of a Pensions Dashboard Programme delay in the UK, Aviva is in the running to take over the programme thanks to its pre-existing private systems. This exemplifies Aviva’s renewed focus on the fintech sector, all whilst playing national analyst during the cost of living crisis thanks to its annual Age of Ambiguity study.
Steph
Company Specialist at Welcome to the Jungle
Insights
2% employee growth in 12 months
Company
Company HQ
City of London, London, UK
Leadership
Amanda Blanc
(CEO, not founder)Currently Group Board Non-Executive Director at BP. Previously Chairman of the Welsh Rugby Union, Senior Advisor at Trov, CEO at Zurich Insurance Company.
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