Compliance Monitoring Specialist - L&P Sector £55K

Alexander Lloyd
£50k - £55k pa
19 Oct 2016
17 Nov 2016
Contract Type
An established market leader in retirement income solutions.

As a Compliance Monitoring Specialist you will support the Compliance Monitoring Manager as part of a small team in undertaking a formal programme of assessments of the entire group's business areas. The key focus of the role is to provide the business with independent assurance to regarding the operation of Group systems and controls and their effectiveness, to ensure that the organisation consistently delivers against the requirements of the regulator and to ensure fair customer outcomes. You will work with the team as a whole but also manage your own workload and be responsible for delivering a number of requirements.
Key accountabilities:
- Support the Compliance Monitoring Manager in delivering an appropriate risk based compliance monitoring programme that reviews business activities covered by both the FCA & PRA rules and other relevant regulations to ensure that the business and management meet regulatory obligations, communicating the findings effectively to all levels.
- To escalate to the Compliance Monitoring Manager areas of systematic weakness where additional resources will need to be allocated.
- To provide pro-active follow up to issues raised in monitoring to ensure that they are closed down within acceptable timescales.
- To develop and maintain, through monitoring activity, effective stakeholder relationships with business/specialist areas, including external parties, to influence change and educate the business by providing guidance and advice on the regulatory control framework.

In order to succeed in the role you must have monitoring experience gained from working in a similar function, ideally within the Life, Pensions, or annuities sector, though monitoring experience from within the FCA regulated sector may also be considered. Key to the role is practical hands on monitoring experience but also strong regulatory knowledge covering the retail financial services sector (including systems and controls). In addition you will have aquired or be on the path to achieving the CII financial services modules: CF1-CF6; CF8; ER1; RO1-RO6. You will need to demontrate the ability to manage several projects simultaneously, write concise and succinct reports and have excellent communications skills across all formats. The ability build strong working relationships across a business of scale is key as is the ability to influence and and ensure change is understood and implemented.

This is a great business with a reputation for providing an excellent working environment and culture. The organisation does a great deal locally in the community and we always receive good feedback from individuals that have joined the company. The role itself will provide you with exposure across the entire business and you will form good working relationships with management. This will allow you to quickly develop a great internal profile and potential for future opportunities within the business.

Please quote CGL1610-9 when calling Alexander Lloyd on [Phone number removed] and ask for our Compliance. This is only one of many vacancies we are handling. Alexander Lloyd is a specialist within Financial Services recruitment. Areas of expertise include Compliance Directors, CF10/11, Risk Frameworks, Monitoring, Advisory, Policy, T&C, Quality Assurance/ File Review, AML/KYC etc across the entire financial services sector including investments, banking and insurance. We predominately focus on London, Surrey, Sussex and Kent, although we have also been highly successfully in offering national solutions. Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been shortlisted for this role. Please continue to check our website [URL removed] for any other roles which may be of interest.