Wealth Compliance Manager - 6 Month FTC

ZipRecruiter; London; On-site; GBP 60,000 - 100,000

Job description

Job Description

The Regulatory Compliance function is a second line of defence role function.

Key Responsibilities

1. Provide UK regulatory compliance expertise and advice.
2. Implement and update the Company’s Regulatory Compliance Policies and Procedures.
3. Prepare Regulatory Compliance reports, including reports to management and the Head Office, and other materials as required.
4. Assist with special projects.
5. Identify and assess UK regulatory compliance risks and impact from new projects, products/services or arising from new regulations.
6. Act as a focal point of contact with the FCA.
7. Maintain knowledge and awareness of key regulatory changes related to Regulatory Compliance matters impacting the business, including review of relevant local consultation papers, discussion papers, guidance, policy statements, thematic reviews, and enforcement cases.
8. Resolve and follow up any issues raised by the regulators in relation to regulatory compliance matters.
9. Plan and manage all regulatory and internal audit requirements for regulatory compliance.
10. Develop annual compliance risk assessment and compliance monitoring plan to ensure the objectives are monitored periodically and ensure local monitoring and follow up.
11. Perform compliance monitoring in accordance with the compliance monitoring plan.
12. Advise stakeholders on regulatory requirements and industry guidelines/practices as set by the FCA.

Experience

1. At least 7 years’ relevant experience at a UK regulated bank, investment firm or Wealth Manager in a second line of defence role.
2. Excellent working knowledge and experience of developing compliance policies to ensure compliance with the applicable UK regulations.
3. Strong knowledge with the FCA Handbook and ability to read and interpret rules and apply fact pattern to the rules.