Compliance Analyst

The Group Compliance Function’s aim is to proactively support Willis Towers Watson to generate sustainable value, helping the company to deliver good client outcomes, manage its conduct, protect against regulatory risk, and to maintain strong regulatory relationships. We aim to be a trusted partner to the business. Within Willis Towers Watson’s internal control system, we form part of the Second Line of Defence, as a function independent from daily business activities.The role is hybrid (twice a week in office) at Ipswich.

The Role:

Reporting to the Compliance Director Regulatory within a team of skilled colleagues, the Compliance Analyst is a key contributor to the departments’ aim of maintaining an efficient, independent Compliance Function and framework, principally through:

Principal Duties/Responsibilities

1. Identify, Plan and Apply: 

• Support the development, implementation, embedding and maintenance of an efficient and independent Compliance Function. 
• Oversee and maintain the global regulatory strategy framework. 
• Production, review and analysis of internal and external reports, including metrics, to identify emerging regulatory issues and trends 
• Support horizon scanning for regulatory developments and reporting any new or proposed regulation or legislation that may impact the Relevant Business to relevant business and Compliance stakeholders. 
• Support the Relevant Business in assessing and understanding the impact of new and/or amended regulation or legislation and delivery (as required) or corresponding actions

2. Support:

• Support the Regulatory Strategy Team through the maintenance of the regulatory change database, key compliance documents and systems. 
• Support the Compliance Director for Captives, Risk and Analytics and ICT
• Support the Global Policy lead
• Support the wider Compliance Function in ad-hoc strategic or operational projects as requested. 
• Record keeping in line with regulatory requirements and/or WTW policies and procedures.

3. Monitor:

• Deliver requested information and reporting to relevant stakeholders within the Compliance Function. 
• Under the direction of the Compliance Director of Captives, Risk and Analytics and ICT, undertake required monitoring activity
• Review existing WTW policies, process and controls against emerging regulatory requirements. 

4. Engagement:

• Partnering with management in the Relevant Business to embed ‘compliance culture’ throughout the business and to champion the Three Lines of Defence model. 
• Support the maintenance of effective relationships with regulators and relevant supervisory authorities or self-regulating bodies. 
• Represent WTW in relevant industry or similar associations or groups as appropriate. 
• Foster close relationships with Global Compliance colleagues and other Functions including Legal, Risk and Internal Audit.  

The Requirements:

Essential

• Strong regulatory and corporate governance knowledge/understanding required.
• Ability to work, both individually and as a team, under pressure to tight timelines and without direct supervision. 
• Commercial awareness – a commercial and pragmatic approach to managing compliance risks.
• Proactive and a self-starter.
• Organised and methodical.
• Excellent analytical problem-solving skills.
• Strong communication skills, both orally and in writing.
• Excellent interpersonal and influencing skills, with the ability to engage effectively at all levels to promote an effective and business focused compliance culture. 
• Commitment to continuous professional development and maintaining excellent understanding of regulatory developments.
• Must be committed to maintaining a robust compliance culture and high ethical standards. 
• Always demonstrates high integrity.

Desirable

• Educated to degree level
• Relevant professional qualification – legal, accountancy or business 

Equal Opportunity Employer

At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selves to work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organization. We embrace all types of diversity.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.