Compliance Manager Role Overview
This is a key role that ensures our business adheres to all regulatory requirements. The Compliance Manager will be responsible for delivering an effective compliance management framework that provides the tools to enable us to identify, assess, control and monitor conduct and regulatory risk.
The Compliance Manager works in the second line of defence and brings both experience and knowledge of regulatory requirements in respect of MiFID, AML and GDPR. They will provide oversight of the regulatory risk environment and challenge the business across the core elements of the compliance management framework. While we are a technology business, this role requires wider FS industry experience, ideally within a fast-paced regulated environment with exposure to MiFID regulations.
This role will support the implementation and maintenance of the compliance Management Framework to support our business plan and the regulatory environment we operate in. This includes provision of oversight of the application of regulatory compliance policies and procedures, executing the compliance monitoring plan, monitoring, and reporting on compliance with MiFID, AML, Financial Crime and GDPR regulations.
The duties and responsibilities of this role include:
* Ensure there are appropriate regulatory controls in place to establish and maintain our compliance with regulatory requirements including conduct obligations.
* Ensure that an annual risk-based compliance assessment and monitoring plan is carried out.
* Ensure regulatory reporting to regulatory authorities is timely and accurate.
* Ensure compliance training is provided to employees.
* Ensure that conflicts of interest have been identified and where possible mitigated and ensure that there is a regular review of conflicts of interest.
* Report to the Head of Compliance on compliance with our regulatory requirements.
Aml/Financial Crime
This role will oversee/carry out/produce/review (as applicable) the following:
* Annual review of the Anti-Money Laundering Policy and supporting procedures and templates to ensure it remains compliant with current applicable Anti Money Laundering Regulations.
* Review and sign off anti-money laundering/PEP and Sanctions checks on our clients and, where applicable, other companies carrying out contractual activities in the EU.
* Annual risk assessment of our money laundering risk.
* Adequate money laundering, PEP and Sanction training carried out, including an annual review of our produced training materials.
* Horizon monitoring for any regulatory changes connected with applicable anti-money laundering regulations and ensuring those changes are incorporated into the policy, supporting procedures, templates, and training materials.
* Investigation into any reports of suspicious transactions made to the MLRO and ensuring any necessary reports in connection with our own AML obligations are made to the relevant agencies.
* AML, PEP and Sanction consultancy to employees.
* Annual review of Policies and procedures in place to assist in the prevention of Financial Crime.
* Provide second line of defence monitoring of Financial Crime controls.
Required Skills and Qualifications
* In-depth knowledge of the European financial services and regulatory framework MiFID II, AML/CJA, and CBI Regulations.
* 5-10 years' experience working at a senior level within a regulated environment.
* Working knowledge of operational processes of MiFID or fund administrator firms.
* Excellent communication, relationship management and influencing skills.
* Presentation skills and training/coaching experience.
* Ability to understand and articulate the commercial benefits of effective compliance management.
* Ability to build and maintain effective internal and external relationships.
* Ability to analyse, present and report risk management information to senior stakeholders.