Senior Compliance - 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 & Financial Crime 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 MLRO, you will
assist in the delivery of the annual compliance monitoring programme by undertaking agreed compliance and financial crime monitoring activities.

Additional responsibilities include:

Work proactively to identify control gaps and weaknesses, determine root cause, and escalate and propose viable solutions to the risks and weaknesses identified, working to mitigate risk.
With the support of the Compliance Manager and MLRO, 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 andfor evidencing and recording rationale for closure. Highlight any delivery concerns.
Provide input into the annual Compliance Risk Assessment Process to inform the annual Compliance Monitoring Programme and actively keep compliance risks under review
Make or assist with the delivery of relevant reporting and MI to inform Management of the compliance and financial crime risks and their status. This includes supporting the Head of Compliance and MLRO with information for reports to the Audit Risk andCompliance 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 and financial crime 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.

Experience:

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A minimum of 2 years' financial crime monitoring experience gained within a Wealth Management Firm or Retail Financial Advice Firm.

CISI IAQ/IOC, Investment Compliance Diploma or other general or financial crime compliance qualification.
Good working knowledge of FCA rules and JMLSG Guidance Notes.
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.