Purpose of the role:
You will cover all aspects of compliance monitoring and reporting across all regulated entities, alongside another monitoring colleague to ensure the compliance monitoring programmes are delivered as necessary.
Responsibilities:
- Ensure the compliance monitoring programmes are in line with business and/or legislation/regulatory changes and feed into the Combined Risk Assessment tool
- Ensure the compliance monitoring programmes are conducted in a timely manner and on a risk based approach, escalating any high risk findings
- Work alongside key stakeholders on any findings identified and proactively manage communications in respect of the appropriateness of any remediation actions required
- Provide supportive oversight of the actions and progress of any team colleagues assisting with monitoring activities
- Ensure relevant reporting/MI risk based analysis and commentary is produced
- Work in conjunction with internal audit regarding oversight activities
Skills required:
- Significant compliance or compliance monitoring experience in a regulated business; preferably a Trust Company Business environment
- Ideally hold an ICA Diploma
- Experience in developing, interpreting and ensuring implementation of policy
- Ability to liaise and communicate with key stakeholders to meet required standards is required
