Luxembourg Job Openings
Tindall Riley
Compliance Analyst
FULL TIME
August 16, 2024
Vacancy No VN060
Employment Type Permanent - Full time
Division TRC
Area Risk and Compliance
Regulated Role N/A
Line Manager Responsibilities No
Location Luxembourg
Workplace Hybrid
About the Role The Compliance Analyst will support compliance activities for Britannia Europe and Tindall Riley Europe (TRE) in Luxembourg. This is a varied role which will include monitoring legal and regulatory changes, managing regulatory returns and interactions, and ensuring adherence to compliance standards.
Your Responsibilities
Researching and monitoring changes in the Luxembourg's legal and regulatory landscape (including Circulars and Information Notes issued by the CAA) and considering (and reporting on) the implications for the business.
Collaborating with the Compliance Key Function Holder to consider necessary changes for Compliance (including policies and procedures, internal training, compliance monitoring plans, thematic reviews, etc) and assisting in the implementation as appropriate.
Collating and recording regulatory interactions and licenses and waivers obtained.
Assisting in drafting and filing regulatory returns for Britannia Europe and TRE in Luxembourg and ensuring that relevant staff are aware of the filing deadlines.
Assisting in preparing and managing applications for Director and Key Function Holder roles for Britannia Europe and TRE.
Assisting Co Sec in filing legal documents on the RCS (equivalent of Company’s house) and liaising with notaries and local lawyers as required.
Attending relevant industry events, as required.
The responsibilities listed are not exhaustive and may be subject to change .
About You
Experience/Knowledge
Ability to demonstrate an understanding of regulation and desire to develop a career in Compliance.
Basic understanding of financial crime regulation, including sanctions, regulated roles, regulatory reporting and data protection.
Ability to rapidly grasp concepts for a non-life, commercial insurer within the mutual insurance sector and apply regulation accordingly.
Qualifications/Education
Educated to degree level or equivalent.
Study in Legal qualification / paralegal experience is desirable
Skills
Fluency in French and English language.
Ability to interpret regulation and summarise key information.
Competencies
Positive Outlook – optimistic mindset, viewing compliance as a beneficial and integral part of the business. Ability to work well within small team.
Pragmatic – ability to distinguish and balance the spirit and the letter of regulations.
Effective Communication - strong written and verbal communication skills.
Analytical – ability to evaluate data, identify trends and draw conclusions.
Problem-Solving – devise solutions and overcome challenges.
Organisation – plan and manage activities, prioritise workload effectively.
About Us
Tindall Riley manages three insurance businesses. The Britannia Group (Britannia P&I), a mutual club that provides protection and indemnity (‘P&I’) insurance and freight, demurrage and defence (‘FD&D’) cover to shipowners and charterers around the world. The Griffin Insurance Association Limited (Griffin), an insurance mutual that provides professional indemnity insurance to broking firms and MGAs around the world. The Wren Insurance Association Limited (Wren), an insurance mutual that provides professional indemnity insurance to architectural practices operating in the UK and overseas. Today, we employ over 300 people globally across 9 offices and have a shared commitment to providing exceptional insurance services for our Members worldwide.
We can offer you a competitive salary and a varied benefits package. We have a hybrid working policy, three days from the office and two days remotely. We are proud of our friendly workplace culture, where we offer ample opportunities to socialise and prioritise wellbeing.
We are committed to the equal treatment of all current and prospective employees. We aspire to have a diverse and inclusive workplace and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply and join Tindall Riley. To find out more visit our websites: tindallriley.co.uk , britanniapandi.com , griffin-insurance.co.uk , wrenmutual.co.uk .
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