To assist the UK Head of Compliance with the design, implementation and identification of a regulatory risk-based Compliance Monitoring Programme.
Regulatory Risk Assessment and Review
Responsible for preparation and maintenance and Regulatory Risk Assessment
Quarterly review of the Regulatory Risk Assessment and reporting to the relevant Governance Committee
Annual review of the Regulatory Risk Assessment and presentation to the UK Risk Committee
Responsible for preparation of programme of regulatory reviews based on the regulatory risk assessment.
Execute the regulatory review programme providing timely and accurate reports for the review and approval of the UK Head of Compliance.
Reporting results of the regulatory reviews to the relevant Executive level UK Governance Committee and the UK Risk Committee (by exception)
Track and confirm appropriate resolution and completion of actions for the business arising from regulatory reviews.
Liaise with other control functions, including Risk and Global Internal Audit, to maximise efficiencies of independent assurance function reviews performed across the business.
Remain up to date with all regulatory developments and assess the implications for the business and where appropriate recommend changes to the regulatory revie programme for the approval of the UK Head of Compliance.
Working with the Compliance Advisory team, responsibly within Compliance for the tracking, monitoring and assessment of regulatory developments for the UK business, updating the regulatory risk assessment as required.
Contribute to the Compliance training provided by UK Compliance to the business, including presentation of training content.
Actively participate in local UK Compliance team meetings and Global Compliance meetings of Senior Managers, enabling sharing of information and open lines of communication, locally and globally.
Experience and Qualifications
Ideally educated to degree level
Ideally holder of ICA or similar industry specific qualifications, i.e.. Compliance Diploma.
UK asset management compliance or audit experience
Excellent compliance monitoring or audit experience and skills required
Significant experience of development and execution of risk based compliance monitoring or audit
Good experience of current industry best practice
Experience of effective problem solving taking a collegial and collaborative approach
Knowledge and skills
Excellent report writing skills
Excellent written and verbal communication skills with the ability to effectively communicate with all areas of the business
Strong presentation skills
Technical knowledge and understanding of the FCA rule book
Excellent interpersonal and negotiating skills
Excellent time management skills
Excellent organisational skills
Proficient in the use of Microsoft office
Strong sense of integrity and ethics
Ability to lead change through influence
Professional, pragmatic, calm and can do approach
Ability to work independently but also to work effectively in a team