Compliance Monitoring Specialist

What’s on Offer? ??

• Base Salary: c.£50,000
• Bonus: Discretionary Bonus Scheme
• Private Medical Insurance
• Pension: up to 8% matched
• Hybrid Working (Leeds)
• Holidays: 25 days + Bank Holidays (increasing with service)

Our client, a highly successful Investment Management firm, are looking for a Compliance Monitoring Specialist to join the business. The Compliance Monitoring Specialist will be responsible for ensuring that the company adheres to regulatory requirements and internal policies. This role involves conducting regular compliance audits, monitoring activities, and identifying potential areas of compliance vulnerability. The specialist will work closely with various departments to ensure the effectiveness of compliance programs and to foster a culture of compliance within the firm.

Key Responsibilities:

• Carrying out regular reviews and assessments of the company policies, procedures and operations, to ensure compliance with FCA regulations and industry standards.
• Conducting risk-based compliance monitoring reviews, ensuring that identified issues are addressed and recurrence risks are mitigated.
• Assisting the Compliance Monitoring Manager with the development and implementation of the compliance monitoring programme and processes to identify and mitigate potential compliance risks.
• Collaborating with all internal departments to address compliance issues and implement remedial actions as necessary.
• Generating clear, timely, and precise reports, both written and verbal, that highlight issues and propose recommendations for improvements or corrective actions.
• Reporting any potential compliance breaches or conduct issues and ensuring they are resolved efficiently and thoroughly.
• Assisting in the development and delivery of compliance training programs for employees to raise awareness of regulatory requirements and promote a culture of compliance.
• Participating in internal audits and compliance reviews to assess the effectiveness of controls and identify areas for improvement.
• Conducting focused reviews on customer outcomes across all product lines, using your expertise to evaluate customer experiences and recommend enhancements.

Experience Required:

• Understanding of FCA relevant FCA handbooks
• Significant experience working in a Compliance role within Financial Services.
• Minimum of 3-5 years of experience in a compliance monitoring role or similar.
• Strong knowledge of regulatory requirements and industry standards.