This role will support the SMF16 in the day to day management and oversight of the Risk and Compliance function, enabling it to deliver a good standard of protection for the business against regulatory risks or issues, protecting the interests of customers. The Manager must engage and partner with colleagues at all levels, particularly operational management and SMF’s to identity opportunities, then implement solutions that mitigate risk and support the commercial strategies of the business.
The role will involve:
• Supporting, advising and deputising for the Head of Compliance.
• The timely execution of the Compliance Monitoring Plan and production of accurate monitoring reports both routinely and ad-hoc, on the management of key risks and effectiveness of the business’ control framework.
• Ensuring the business complies with its regulatory complaint procedures for each area.
• Ensuring the timely delivery of adequate horizon risk assessments and compliance projects.
• Assisting the Head of Compliance and Executive Directors in maintaining the business’ risk registers – managing and tracking current key risks and with the risk and control self-assessment (RCSA) process.
• Ensuring the business is complying with its data protection policies and procedures.
• Discharge of compliance policies annually for reading by the organisation and ensuring all policies are managed, reviewed and refreshed appropriately.
• Ensuring the effective discharge of advice policies and senior managers and certification regime policies.
• Ensure the timely delivery of informative compliance reports and items requiring escalation (data protection, incidents and issues, QA, complaints, financial crime and horizon risk).
• Assisting in the preparation of the group’s regulatory returns (FCA, SRA, IPA etc.)
• Ensuring any conflicts of interest are appropriately investigated and recorded.
• Supporting any confidential investigation into wrongdoing arising from Whistleblowing procedures.
• Ensuring the appropriate discharge of the firm’s incident management procedures.
• Ensuring the appropriate discharge of the firm’s Anti-bribery and Corruption (ABC) procedures.
Key Requirements:
• Financial Services compliance background.
• Held a senior compliance position for a minimum of three years.
• Significant experience of leading and organising a compliance function within a regulated business.
• Strong understanding of compliance frameworks and risk management models.