Senior Compliance Associate - London, United Kingdom - Synchronicity Group

Synchronicity Group

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

A well established and highly reputable wealth manager are seeking a Senior Compliance Associate to join their team. This is a London based role with 3 days a week in the office, the rest from home.

Reporting to the Compliance Manager, you will
assist in the delivery of the annual compliance monitoring programme, working proactively to identify control gaps and weaknesses, determine root cause, and escalate and propose viable solutionsto the risks and weaknesses identified, working to mitigate risk.

Additional responsibilities include:

With the support of the Compliance Manager, agree action plans with the business as a result of monitoring work and follow up with the business to ensure identified risks are adequately mitigated and closed in line with agreed action plans and for evidencingand recording rationale for closure. Highlight any delivery concerns.
Make or assist with the delivery of relevant reporting and MI to inform Management of the compliance risks and their status. This includes supporting the Head of Compliance and MLRO with information for reports to the Audit Risk and Compliance Committee,Management Group, Board and the wider Group as required.
Monitor regulatory developments and maintain an up to date knowledge of current issues and future trends and their likely impact on the company's risk profile and activities.
Assist in training and educating the business on compliance matters of relevance.
Work with the Compliance Team in the establishment of adequate inhouse controls and compliance procedures and contribute to compliance processes by identifying areas for improved adherence to regulatory requirements.
Ensure departmental logs and the Compliance Monitoring Programme are maintained and up to date and that they are appropriately risk rated in line with process.
Develop relationships with the financial crime and compliance functions at Group level.
Assist as required in minute taking of departmental meetings.

Experience:

A minimum of 2 years' compliance monitoring experience gained within a Wealth Management/Financial Planning/Private Banking firm.
Good working knowledge of FCA rules and JMLSG Guidance Notes.
Experience of Suitability of Advice and Financial Crime Compliance monitoring.
CASS oversight experience useful.
The ability to understand and communicate technical information in a way that is easy for others to understand is essential, as is the ability to interpret FCA regulations and other such communications.

This role involves a high degree of accuracy, integrity and independence as well as the ability to work well within a small team environment.

Our client takes pride in their customer centric culture of good order and you will share these core values.

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Step 2 out of - Add screening questions Senior Compliance AssociateSynchronicity GroupLondon, England, United Kingdom
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Step 2 out of - Add screening questions Senior Compliance AssociateSynchronicity GroupLondon, England, United Kingdom