Job description
A leading wholesale Lloyd's Broker is seeking an experienced Head of Compliance (SMF16) to lead and strengthen its compliance framework during a period of growth and increasing regulatory focus.
This is a senior, influential role reporting directly to the board, with responsibility for ensuring the firm's compliance arrangements remain robust, proportionate and fit for a complex Lloyd's and wholesale distribution model.
The Role
The successful candidate will take overall responsibility for the firm's compliance function, acting as SMF16 and providing strategic and practical regulatory leadership. A key initial objective will be to undertake a full gap analysis of the existing compliance regime, identifying areas of strength, risk and enhancement in light of regulatory expectations and the firm's evolving business model.
Key Responsibilities
- Act as SMF16 with full responsibility for FCA compliance oversight
- Conduct a comprehensive review and gap analysis of the firm's compliance framework, policies, controls and governance
- Strengthen oversight of a growing Appointed Representatives (AR) network, ensuring effective monitoring, due diligence and ongoing supervision in line with heightened regulatory scrutiny
- Advise the board and senior management on regulatory developments impacting wholesale and Lloyd's market Brokers
- Maintain and enhance compliance policies, procedures and reporting across the business
- Oversee regulatory interactions with the FCA and, where relevant, Lloyd's
- Support, mentor and develop the compliance team, ensuring appropriate structure and capability as the business grows
- Embed a strong compliance culture across the organisation, balancing commercial objectives with regulatory integrity
Key Requirements
- Proven experience as a Head of Compliance/Senior Compliance professional within a Lloyd's Broker, Wholesale Broker, MGA, or London Market firm
- Approved or approvable as SMF16 by the FCA
- Compliance framework experience
- Ability to operate credibly at board level and influence senior stakeholders
- Pragmatic, commercial approach combined with strong regulatory judgement
Why Join
- Opportunity to shape and future-proof the compliance function of a growing wholesale Lloyd's Broker
- High-profile role with genuine influence over governance, risk and regulatory strategy
- Supportive transition period alongside an experienced incumbent
- Competitive remuneration
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At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.
