EXCLUSIVE: HEAD OF COMPLIANCE MONITORING - EXPERIENCE OF AUDITING/ MONITORING RETAIL INVESTMENT[...]

REF:4107D

We are exclusively recruiting for our client, a leading Financial Services Group, recruiting an experienced Monitoring Manager. Reporting to the Head of Compliance and supervising a team, duties include:

• Lead the monitoring function within the business and provide strategic direction on the development of the function.
• Maintain and enhance the annual monitoring plan to ensure all areas are covered in frequency as per both regulatory expectations and client requirements.
• Ensure the above takes into consideration higher risk areas after discussion with senior management.
• Design (or ensure designed) detailed monitoring programmes across all relevant areas and ensure that when regulations/SOPs change, such programmes are properly updated.
• Liaise with relevant areas and allocate staff to complete monitoring reviews (both UK & offshore).
• Review findings and ensure a split between systems issues and actual regulatory breaches, considering if a breach is serious enough to be immediately reported to the client and/or regulatory authorities.
• Investigate the cause of all breaches & issues identified through monitoring, suggest remedial actions and SOP/control enhancement.
• Ensure all above is discussed with management and reports are issued.
• Attend client meetings, including Risk and Compliance Committees, to present key findings.
• Ensure all follow-up actions are agreed and appropriately implemented.
• Manage, mentor, and train the UK team & offshore Team.

You should have previous experience of compliance monitoring (or external or internal audit if also covering regulatory requirements) of retail investments (and be willing & able to quickly pick up pensions aspects if not covered before).

You should also have staff management experience (including allocation of resources) and excellent communication skills. Note: The role is 50/50 hybrid in their central London office but may involve travel outside the London area.

If that sounds like you, please send your details to our MD, David Symes FCA, at david@compliancerecruitment.com (including contact number). Please note we cannot reply to all applications, so only successful applications will be contacted (although under no circumstances are your details ever passed on without your specific permission).

Compliance Recruitment Solutions Limited (CRS) are acting as an employment agency in relation to this role.

The recruiter has stated that all applicants for this job should be able to prove that they are legally entitled to work in the UK. Through application, all candidates signify their acceptance of the above information and confirm that the information they provide is true and accurate to the best of their knowledge.