COMPLIANCE ADVISER recruitment
The successful candidate will be working as part of the Compliance Team with specific responsibilities for creating, managing and executing a robust risk based compliance plan which demonstrates regulatory compliance in a number of jurisdictions, including UK, Europe, China, USA, Canada and the rest of the world.
Core Responsibilities:
- Perform regulatory reviews in accordance with the compliance monitoring plan to identify regulatory risks.
- Evaluate the effectiveness of controls, efficiency of operations/processes and accuracy of record keeping maintained and recommend appropriate action where necessary to demonstrate regulatory compliance.
- Create, amend or update group compliance policies and compliance monitoring records/scopes (including risk rating) to reflect findings from periodic regulatory reviews, changes to business systems and controls, current regulatory requirements and industry best practice.
- Perform regular regulatory risk monitoring and audit visits of third party service providers to ensure regulatory obligations are fulfilled.
- Produce audit reports detailing any required actions and follow-up.
- Regularly assess the adequacy of middle office and their oversight role, ensuring on-going monitoring of third party providers remains adequate to demonstrate compliance with our obligations (or those of our in-house products)
- Perform on-going compliance monitoring of the investment floor to ensure process and controls are being adhered to and remain adequate to demonstrate compliance with our obligations.
- Assist with the maintenance of regulatory matrix, analyse exposure, and re-assess regulatory risks, in conjunction with the risk team, as and when required.
- Contribute to group projects either as a project manager or member of the project team to ensure that regulatory risks are minimised.
- Provide regulatory knowledge, highlight any regulatory issues and influence group projects to ensure that regulatory risks are minimised.
- Communicate effectively with third parties, regulators, industry bodies, industry peers and provide information promptly; deal promptly and effectively with queries and problems arising with third parties.
- Ensure regular and effective communication within the team/department/wider team.
- Carry out compliance training within the team and to the business as a whole to ensure business areas are aware of their compliance responsibilities and to minimise our regulatory risk.
- Ensure all compliance regulatory reporting requirements are met in a timely manner.
- Complete regular and ad-hoc client and fund board reports in a timely manner.
- Perform regular compliance monitoring of key processed, including employee dealing, sanctions monitoring and complaints.
- Using a wide range of sources, carry out ongoing monitoring of regulatory developments that could impact the business.
- Assess the impact of such developments and work with the business to implement any procedure or control changes required.
- Ensure obligations and responsibilities in respect of applicable regulations, in particular FSA and SEC regulations are carried out.
Core Skills:
- Excellent communication – oral and written.
- Excellent influential skills.
- Self motivated.
- Enjoys challenge.
- Natural ability to assimilate, analyse and communicate information.
- Logical thinker.Thorough, diligent approach – attention to detail.
Core Requirements:
- Educated to degree level/ good academic record.
- Minimum of four years compliance monitoring experience in the investment management industry.
- Sound understanding of the UK regulatory regime.
- Familiarity with global regulations (UCITS, Chins A share market (SAFE CSRC), SEC, FINRA, CFTC etc)
- Ability to interpret regulations to a high standard.
- Experience of performing audits or compliance checks.
Core-Asset Consulting offer specialist recruitment services to the Investment Banking, Financial Services, Secretarial Support, and Human Resources markets across Scotland.
"People are the core asset of every business"
April 29, 2012
• Tags: Asset Management careers in the UK, Compliance Adviser recruitment • Posted in: Financial