Compliance Associate

Compliance Associate- Asset management

The company

Robert Half is partnering with a Wealth & Asset Management firm responsible for all wealth and investment management activities of a larger Group in the UK.

This is an opportunity to join a successful and fast-growing national organisation with the added benefit of being part of a significant multinational group. The firm is deeply committed to embedding good equality and diversity practice into all their activities so that the firm is an inclusive, welcoming and inspiring place to work, regardless of age, disability, pregnancy and/or parental status, ethnicity, religion, sex, gender reassignment or sexual orientation.

My client is offering a Hybrid Working Model. The company's approach to hybrid working is that they spend the greater proportion of their working time in the workplace and the remaining time may be worked from home. This approach allows them to embrace the many benefits of hybrid working whilst sustaining and developing our unique culture. We encourage and welcome applications from across the global community and all appointments are made solely on merit.

Main Responsibilities

• Assist in the delivery of the annual compliance monitoring programme by undertaking agreed monitoring activities.
• Work proactively to identify control gaps and weaknesses, determine root cause, and escalate and propose viable.
• Solutions to the risks and weaknesses identified, working to mitigate risk.
• With the support of the Compliance Manager, agree action plans with the business as a result of monitoring work and follow up with the business to ensure identified risks are adequately mitigated and closed in line with agreed action plans and for evidencing and recording rationale for closure. Highlight any delivery concerns.
• Provide input into the annual Compliance Risk Assessment Process to inform the annual Compliance Monitoring
• Programme and actively keep compliance risks under review.
• Make or assist with the delivery of relevant reporting and MI to inform Management of the compliance risks and their status. This includes supporting the Head of Compliance and MLRO with information for reports to the Audit Risk and Compliance Committee, Management Group and Board.
• Monitor regulatory developments and maintain an up-to-date knowledge of current issues and future trends and their likely impact on the company's risk profile and activities.
• Assist in training and educating the business on compliance matters of relevance.
• Work with the Compliance Team in the establishment of adequate in-house controls and compliance procedures and contribute to compliance processes by identifying areas for improved adherence to regulatory requirements.
• Ensure departmental logs and the Compliance Monitoring Programme are maintained and up to date and that they are appropriately risk rated in line with process.
• Work independently while establishing solid relationships with the business.

Person Specification

• Ability to communicate technical information effectively
• Ability to interpret FCA regulation
• Motivated self-starter
• Team player
• Customer outcomes focused
• High degree of accuracy, integrity & independence

Academic:

• CISI IAQ / IOC, Investment Compliance Diploma or other compliance qualification from the International Compliance
• Association (ICA) would be useful

Experience:

• A minimum of 2 years' compliance monitoring experience gained within a Wealth Management Firm or Retail
• Financial Advice Firm is preferred.
• Good working knowledge of FCA rules and JMLSG Guidance Notes.
• Experience of Suitability of Advice and Financial Crime Compliance monitoring is preferred. CASS oversight experience useful.
• The ability to understand and communicate technical information in a way that is easy for others to understand is essential, as is the ability to interpret FCA regulations and other such communications.

The salary range/rates of pay is dependent upon your experience, qualifications or training.

Robert Half Ltd acts as an employment business for temporary positions and an employment agency for permanent positions. Robert Half is committed to equal opportunity and diversity. Suitable candidates with equivalent qualifications and more or less experience can apply. Rates of pay and salary ranges are dependent upon your experience, qualifications and training. If you wish to apply, please read our Privacy Notice describing how we may process, disclose and store your personal data: gb/en/privacy-notice

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