Compliance Monitoring Associate

Key responsibilities:

• Cooperatively working as part of an experienced and diverse Compliance department.
• To work as a key member of the 2LoD and work closely with the First Line of Defence (1LoD) whilst maintaining independence.
• Performance of regular 2LoD testing across a broad range of regulatory topics.
• Carry out monitoring reviews and investigations in respect to key risks such as financial crime and suitability.
• Reporting of concerns, issues and other findings accordingly.
• Additional monitoring activities to include departmental thematic and desk-based reviews, including writing reports.
• Formulating actions and engaging with stakeholders to track the recommendations to their resolution.
• Undertaking root cause analysis.
• Attend and contribute to team and inter-departmental meetings.
• Maintain an organised and accurate system of records to manage all data within the Compliance team to ensure information is readily accessible, search-able and up-to-date.
• Ensuring the output of work feeds into risk assessments, policies, procedures and the design of controls to proactively support the compliance framework and enhance the culture within the business.
• Assist the Compliance Monitoring Manager in completion of the Compliance Monitoring programme.
• Escalating any potential risks identified to the Compliance Monitoring Manager and Head of Compliance.
• Contribute to management information (MI) for Management and/or Board meetings.
• Keeping up to date on changes and developments within the industry.
• Ensuring compliance with the letter, spirit and expectations of applicable legal and regulatory requirements at all times (e.g. FCA, Money Laundering, Data Protection), ensure conformance with best practice with regard to conduct, culture and other general business compliance control procedures.
• Taking on any role or duty, within reasonable boundaries, that the Compliance Monitoring Manager or Head of Compliance deem necessary.

Other Requirements:

• Genuine interest in pursuing / developing a career in Compliance within Investment Management.
• Prior experience from a financial institution, preferably within Investment Management or Stockbroking.
• Minimum 2 years compliance related experience is desirable.
• Have existing knowledge of regulatory, risk and/or legal environments for UK financial services firms.
• High level knowledge of office software in particular spreadsheets and word processors.
• Educated to a degree level or equivalent is desirable.
• Appropriate professional examinations: – Studies/examinations in compliance related subjects – Studies/examinations in financial services subjects

If interested please apply below or send me an email directly on fabio.dasilvafaria@goodmanmasson.com

In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you.