Regional Oversight - Sunderland, United Kingdom - H2O Recruitment Services Ltd

H2O Recruitment Services Ltd

Verified Company

Sunderland, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The role is responsible for AR oversight for risk and controls.

Responsibilities:

Effective oversight for risk and controls for all Appointed Representatives (AR's) and Introducer Authorised Representatives (IAR's)
Responsibility of helping the Approved Person understand their obligations under the Approved Persons regime
Complete reviews of AR firms as prescribed through the AR Oversight FCA regime.
Audit the firms and introducers to test the effectiveness of controls within the business
Providing a report with a summary of findings and follow up actions with Approved person
Onboarding of new businesses
Exit of businesses
Promptly raise any concerns or areas of risk associated AR Firms
Complete thematic reviews
Provide updates and analysis to Head of Supervision, Compliance Director, Chief Risk Officer and the board
Onboarding of new AR Business.
Attend initial on boarding meetings
Undertake gap analysis of joining business from previous network
Engage with relevant stakeholders to ensure smooth onboarding
Undertake initial meetings within 1 month of new AR joining to support effective systems and controls in place.
Business Risk Profiler, HUB and supporting risk & compliance systems
Monitor, update and review
Share best practice with other colleagues to continually build knowledge and promote consistency
Analysis of provided tech data to identify areas of risk, to support a riskbased approach to conducting audits.
Produce risk packs
Willingness & ability to travel within the field to enable required levels of AR oversight
Effectively contribute to Team meetings
Awareness of the T&C scheme, at all levels
Ensure all relevant regulatory knowledge is kept up to date
Any other duties as requested by management in line with areas of compliance to meet business needs
Proactively contribute to the wider compliance teams to improve processes and procedures to drive efficiency
Regular engagement, collaboration with key contacts in the business Skills & Behaviours
Understand and demonstrate the role of an Approved Person and Key Individual
Knowledge of the FCA APER requirements
Ability to communicate at all levels with professionalism and integrity
Ability to motivate Advisors to strive for success
Ability to handle conflict where appropriate
Effective selfmanagement to drive efficiencies
Observation and analytical skills to identify any issues or areas of risk
Out of the box thinking to enable process improvement at all times
Able to build effective relationships with key stakeholders
Sound problemsolving skills, with ability to plan effective contingencies and solutions
Use good judgement and selfsufficiency at all times to enable sound decision making
Remain calm under pressure
Excellent communication and influencing skills across a range of stakeholders to influence change and form strong working relationships
Strong organisation skills with ability to prioritise and meet deadlines
Ability to adapt and change priorities in line with business needs
Ability and willingness to travel and cover large geographical area if required
Good report writing skills

Experience & Qualifications

CEMAP or equivalent financial services qualification

Good Microsoft Office Knowledge (Word/Excel)

Key Relationships Internal Regional Field Operations Manager; Head of Supervision; Head of Oversight; Compliance Director; Head of Information Security & Infor Sec; Sales Director, Operational Risk Manager, Chief Risk Officer; Regional Managers; Head ofOperational Risk; IT Department; Advice Quality Team Leader; Regulatory Recruitment Team Leader