Senior Compliance Monitoring Manager

Please note – Wealth Management and experience working in a business that provides financial planning and advice is essential.

3 days per week in office.

Purpose of role:

To lead, undertake and oversee all compliance monitoring activity, ensuring issues and risks of a compliance and regulatory nature are appropriately managed. Ensure compliance maintains a culture of high-quality customer care and compliance support to the business within agreed regulatory control frameworks.

Key Responsibilities:

• Develop a thorough understanding of the business and regulatory landscape the business operates within.
• Ensures the firm adheres to regulatory requirements and internal policies by developing a monitoring programme and conducting risk assessments.
• Undertake regular monitoring reviews to identify potential violations and areas of non-compliance.
• Ensure there are effective compliance policies, procedures and controls are in place in line with Ascot Lloyd’s regulatory obligations and expectations, including but not limited the requirements if MiFID, GDPR, SMCR, RDR, AMLD, etc.
• Identify, monitor and where appropriate provide challenges on compliance or regulatory issues that may arise within the business.
• Develop a good understanding of the business, identify ways of improving upon practices with compliance to help deliver a service above basic regulatory and legislative requirements that enhance growth and success.
• Support delivery of the business acquisition strategy and ensure compliance is represented on all acquisition projects.
• Ensure compliance risks are appropriately identified and managed effectively, providing direction on corrective measures to the compliance advisory team and business alike so that these risks remain within acceptable and agreed parameters.
• Produce and present compliance monitoring reports to various boards and committees within the group.
• Promote a good risk and compliance culture.
• Encourage good risk management processes. Fostering a risk-aware culture acting as a business enabler through which management feels empowered to take risks in a manner that is transparent and that is in line with the business and risk strategy

Experience / Skills Required:

• Significant experience of working in compliance and understanding of the FCA rules
• Confident guiding senior executives on compliance matters
• Able to train and support employees
• Confident solving complex compliance related problems
• Experience of improving processes to ensure the company is compliant and performing effectively
• Proficient in MS Word, Outlook, PowerPoint and Excel
• Good communicator, both written and verbal
• Keen eye for detail and accuracy

…