Compliance Monitoring Officer - London, United Kingdom - Audit and Risk Recruitment

Audit and Risk Recruitment

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The Audit Risk Recruitment Company (ARRC) has been mandated by our client, a highly regarded Wealth Management business who provide innovative, quality and integrated solutions to the wealth management cycle.

Due to organic growth, the firm are now looking to recruit an individual who will be part of the Compliance Monitoring team.

In this role, you will be responsible for providing both compliance monitoring and assurance support.

The role

Reporting to the Head of Compliance, the role will primarily focus on the development and execution of a risk-based program of thematic and desk-based monitoring.

Applicants should ideally have compliance monitoring experience from within the asset management sector (including relevant product knowledge) and be able to demonstrate a strong understanding of the FCA handbook and key regulations, e.g.

UCITS, AIFMD, EIRSA etc.

Job responsibilities

Day to day objectives include:

Supporting the delivery of the annual compliance monitoring plan through thematic and focused monitoring reviews
Testing key business processes and controls to determine whether they comply with applicable regulations and legislation
Embedding and promoting a strong compliance culture across the business through effectively engaging with key business stakeholders in respect of their regulatory obligations
Presenting findings of reviews and agree remedial actions with stakeholders
Providing accurate and timely updates on monitoring activity that will be included in compliance MI packs
Ensuring work is completed to a high standard of delivery and accuracy
Keeping updated on changes to regulatory requirements, new legislation and codes of practice
Working collaboratively with wider compliance function to ensure consistency of best practice
Advising the wider business on regulatory responsibilities and promoting a strong compliance culture

Requirements:

5+ years Compliance (including monitoring) experience within a UK regulated environment
Solid regulatory experience and knowledge, particularly around FCA
Strong organization skills, ability to plan and prioritize
Strong attention to detail, with inquisitive and analytical mind set
Qualification such as ICA, ACAMS or CISI are beneficial
High degree of analytical proficiency, working with large volumes of data from various divisional IT systems
Ability to work both independently and as part of a team
As appropriate to the role, ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required
Experience of compliance monitoring activities or experience and / or auditing compliance functions
Demonstrable understanding of existing regulatory expectations in areas such as outsourcing, conduct rules, complaints handling, management etc.

- **The Audit and Risk Recruitment Company