Compliance Monitoring Manager - Wealth & Asset Management - London

Compliance Monitoring Manager - Wealth & Asset Management - London

Do you have background in Compliance Monitoring within a Wealth & Asset Management setting, do you have experience of leading a team? Then this role could be for you

My client is looking for an experienced Compliance Monitoring professional to join their team in London. You will have strong knowledge of the regulatory environment, with a bias towards the risks in the asset management sector and collective investment schemes.

You will have an understanding of the role and responsibilities of an Authorised Corporate Director. You will also have previous experience of providing assurance over collective investment schemes. You will be a self-starter, deadline focused along with the ability to prioritise your workload as demands change.

Main Responsibilities

• Assist in the delivery of the annual compliance monitoring programme by undertaking agreed monitoring activities to a high standard and delivering results in a timely manner.

• Mentor less experienced compliance team members and deputise for the Senior Compliance Manager when required.

• 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 Senior 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 evidencing and recording rationale for closure.

• 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 risks and their status. This includes supporting the Head of Compliance 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.

Academic:

• CISIIAQ / IOC, Investment Compliance Diploma or other compliance qualification from the International Compliance Association (ICA) would be useful Experience:

• Proven compliance monitoring experience, likely gained from an Asset Management, Wealth Management or Retail Financial Advice Firm.