Compliance Specialist

Zego

Zego

Legal
London, UK
Posted on Jun 15, 2024

About Zego

We’re a commercial motor insurer on a mission to save people time and money. From scooter delivery riders to private hire taxi drivers, our customers are our driving force. We’re making insurance fairer and more human for every one of them.

When we started back in 2016, we knew that traditional insurance held businesses back. It was too complicated, too expensive and too time consuming. So we set out to change things, building insurance solutions that empower professional drivers throughout the UK and Europe.

So far, we’ve raised over $200 million in funding. We’ve grown from a scrappy start-up into an industry changing organisation, and there’s plenty more to come.

That’s where you come in…

Purpose of role

It’s an exciting time to join Zego and we are looking for a Compliance Specialist to join our growing team.

We are looking for a highly motivated and experienced individual who is eager to make a difference. As a Compliance Specialist reporting to the Director of Legal and Regulatory Affairs, you will play a critical role in maintaining and monitoring the enforcement of Zego’s compliance management framework, including policies, standards, procedures, and guidelines.

You will work closely with business units to identify, assess, and prioritise opportunities, and issues, and support them as they consider core regulatory requirements that are critical to their business functions.

What you will be doing

  • Helping to develop and execute a risk-based Compliance Monitoring Programme, in line with the applicable FCA regulations.
  • Providing regulatory input into business initiatives and new product proposals that is consistent with Zego’s risk tolerances.
  • Identifying and managing risks, ensuring that the relevant control environments are operating effectively and that key controls are tested and deficiencies are addressed.
  • Reviewing and monitoring compliance against the governance frameworks and applicable regulations, with a particular focus on customer outcomes.
  • Producing management information for various internal and external audiences to support data-driven decision-making, particularly in relation to customer and product.
  • Providing support, education and training to the wider Zego team about compliance.
  • Advising various business units on compliance-related queries

What you will need to be successful

  • You have experience advising on and applying applicable legislation, regulations and guidance covering regulatory compliance processes in a financial services business, for example, ICOBS, SYSC and IDD.
  • You are organised and able to plan ahead, manage multiple projects, provide progress updates and escalate where needed.
  • Your written and verbal communication skills are excellent, with the ability to present complex information in a clear and concise manner.
  • You’ll have a curious and investigative mind with a desire to improve things and make sure the customer is at the heart of everything we do.
  • You have experience working with and coordinating multiple-stakeholders to implement changes to business processes.

What’s it like to work at Zego?

Joining Zego is a career-defining move. People go further here, reaching their full potential to achieve extraordinary things.

We’re spread throughout the UK and Europe, and united by our drive to get things done. We’re proud of our company and our culture – a friendly and inclusive space where we can lift each other up and celebrate our wins every day.

Together, we’re setting the bar higher, delivering exceptional work that makes a difference. Our people are the most important part of our story, and everyone here plays a role. There’s loads of room to learn and grow, and you’ll get the freedom to steer your career wherever you want.

You’ll work alongside a talented group who embrace each other's differences and aren’t afraid of a challenge. We recognise our achievements, learn from our mistakes, and help each other to be the best we can be. Together, we’re making insurance matter.

Benefits

We reward our people well. Join us and you’ll get a market-competitive salary, private medical insurance, company share options, generous holiday allowance, and a whole lot of wellbeing benefits. And that’s just for starters.

We’re an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, national origin, gender, sexual orientation, age, marital status, or disability status.

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