Job Description
Head of Advisory
Location: London
Contract Type: Permanent
Work Pattern: Full Time and Hybrid
The Head of Advisory is a senior leadership role within the Compliance function of MS Amlin Underwriting Limited (MS Amlin), the managing agency for MS Amlin’s Lloyd’s syndicate. The role holder is responsible for leading the Advisory, Operations and Continuous Monitoring pillar, ensuring the business receives clear, pragmatic and effective compliance advice and oversight. Working closely with the General Counsel (SMF16) and wider Compliance function, the role will support the design and delivery of the Compliance Strategy and Plan, while playing a key role in embedding a strong, risk-aware culture across the business. The role includes direct line management responsibility within the pillar, together with overall oversight of the wider team reporting through that structure.
Our ambition is to be a consistently high performing business. In your role you are expected to take an enterprise-wide perspective and have input into the development of the wider business, be a thought leader and drive and deliver change to support our objectives. The scope of the role includes all entities within the MS Amlin governance framework, including MS Amlin’s service companies and the corporate member. The role reports to the General Counsel.
You will also be a member of the General Counsel’s Senior Leadership Team.
About The Job
While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:
Working directly with the General Counsel and the wider business to shape the Compliance function’s annual strategy, including the Compliance plan and Integrated Assurance Plan, ensuring priorities are clearly articulated for Executive Committee and Board audiences.
Supporting the General Counsel in all aspects of department management (e.g. Away Days, Team and Department Meetings, Budgeting, Training, Knowledge Management etc).
Accountable with the General Counsel for the annual Compliance Function effectiveness assessment and associated improvement actions.
Supporting the General Counsel in thought leadership and execution which contributes to the continued integration and alignment of Compliance within the wider MS Amlin business, including driving a strong risk-aware culture across the business.
Oversee the identification, classification, investigation and escalation of regulatory breaches in accordance with internal governance and regulatory requirements
Supporting the General Counsel with ad-hoc projects and initiatives for the broader 2nd Line Compliance function, as required.
Primary responsibility for oversight of the Compliance Monitoring plan, including shaping and delivering continuous monitoring activity and oversight of the specialist reviews currently outsourced to a third party provider.
Primary day-to-day delivery responsibility for all aspects of the Compliance function pertaining to Advisory work, Operational compliance support and Compliance Monitoring. This will include, but is not limited to: Annual PBO assessment, SMCR regime and associated Management Responsibilities mapping, Regulatory Horizon Scanning and associated business readiness, Regulatory Submissions and management of the Regulatory Reporting Calendar, Emerging regulatory issues
Supporting and advising on the delivery of Consumer Duty and Conduct Risk and Product oversight (including the annual CD attestation)
Co-ordinating and managing regulatory engagement across the business in an effective and efficient manner, including maintaining strong working relationships with regulators and ensuring all internal stakeholders are appropriately engaged and briefed.
Attending and/or chairing internal committees where Compliance representation is required, as appropriate, including preparing and presenting high-quality reports and updates for senior management, Executive Committee and Board-level forums. This will require an appropriate balance…