BMS Early Careers Programme - Risk & Compliance Apprenticeship

Departmental Rotation: Rotate through core second-line control functions including Risk Management, Compliance, and Financial Crime Support Risk Frameworks: Assist with the development and maintenance of risk management frameworks, including risk and control assessments Monitor Compliance: Help perform reviews to ensure internal policies and regulatory procedures are followed correctly Analyse Data: Identify and analyse risk issues, using findings to draw conclusions and suggest mitigating actions Liaise with the Business: Support the wider BMS Group (UK, International, and USA) by providing advice on meeting regulatory requirements Prepare Reports: Assist in creating management information and stakeholder reports to track risk levels Regulatory Research: Conduct research into financial services regulations to help guide internal stakeholders

Training:
Qualification: Compliance and Risk Officer Level 3 Apprenticeship Standard Where training takes place: Training is primarily work-based at our London office (One America Square, London, EC3N 2LS) with hybrid working options How often training will be: You will dedicate a minimum of 6 hours per week of your normal working hours to "off-the-job" study and training Professional Development: You will study for a recognised industry qualification from the Institute of Risk Management (IRM) or the International Compliance Association (ICA) Support: Receive full study support including revision aids, exam fees, and dedicated study days

Training Outcome:

Professional Credentials

Certification: You will gain a Level 3 Compliance and Risk Officer qualification.

Professional Membership: You will be eligible for professional membership with the International Compliance Association (ICA) or the Institute of Risk Management (IRM).

Completion Reward: A £400 bonus is awarded upon successful completion of the Level 3 certificate.

Specific Career Routes at BMS
Because you will rotate through different "second-line" control functions, your career could evolve into these specialist areas:

Financial Crime Specialist: Focusing on anti-money laundering (AML), sanctions monitoring, and investigating suspicious activities.

Compliance Advisory: Providing expert guidance to brokers and senior management on UK and international regulatory requirements.

Risk Manager: Developing frameworks to identify and mitigate operational or financial risks across the global business.

Internal Auditor: Progressing into a role that evaluates the effectiveness of the firm's internal controls and governance.

Long-term Growth

Global Mobility: As BMS has a "single platform worldwide," qualified risk professionals may have opportunities to work across their international offices in the US, Europe, or Asia.

Advanced Study: High performers are often supported to move onto Level 4 or Level 6 higher apprenticeships or specialised diplomas.

Employer Description:

​BMS is a dynamic, independent global broker established in 1980, delivering specialist insurance, reinsurance, and capital markets advisory services. Our purpose is to help people, businesses, and communities flourish and prosper in a world of risk.

Working Hours :
Standard working hours are Monday to Friday, 9:30am to 5:30pm, with a minimum of 6 hours per week of the apprentice's normal working hours dedicated to "off-the-job" training and study.

Skills:
Communication skills,IT skills,Attention to detail,Organisation skills,Problem solving skills,Administrative skills,Analytical skills,Logical,Team working