Job Description
To assist the Board in ensuring the business continues to meet its regulatory obligations. You must be a trusted business partner with the capacity to get things done through collaboration, effective communication and persuasion.
You will lead the Compliance team in delivering high-quality compliance advice, oversight and challenge to the business, as well as performing the Compliance Oversight and Money Laundering Reporting functions.
- Lead the Compliance Team in delivering and maintaining a programme of monitoring that reviews operational business activity to assess that regulatory requirements are being complied with.
- Deliver, maintain and oversee the firm's risk management framework.
- Carry out the role of MLRO, responsible for oversight of the firm's compliance with the FCA's rules on systems and controls against money laundering.
- Provide advice and assistance to the Board and staff to help them meet their regulatory responsibilities
- Provide analysis and early warning of regulatory change which may impact the business.
- Ensure there is Compliance input and support for business led projects and Compliance led projects are delivered to plan.
- Ensure customer communications, including financial promotions, are reviewed and approved in line with FCA rules and guidance.
- Ensure the firm's compliance policies and procedures are kept up to date; that they are appropriate, proportionate and understood by the business, driving the right compliant behaviors.
- Ensure the firm's regulatory permissions for its activities are accurate and up to date.
- Oversee the completion and submission of the firm's regulatory returns.
- Ensure the Compliance team promote a strong compliant culture within the business, through training and general awareness activities.
- Oversee compliance with the firm's Training & Competence Scheme
- Provide independent reporting to the Board, Committees and senior management as appropriate, on where the firm currently sits with their regulatory compliance.
- Help raise awareness of the regulations and industry standards which apply to the firm and its business model