Senior Compliance Manager (Regulatory & Advisory)
Wealth Management firm
£90K-£115K
London - Hybrid working
Main Responsibilities
* Responsible for leading and managing the Compliance Regulatory and Advisory Compliance Manager
* Responsible for developing and supporting the Compliance Regulatory and Advisory Compliance Manager, ensuring the sharing of knowledge across the team and minimising key person risk within the team
* Responsible for undertaking regulatory horizon scanning including on data protection, and for ensuring the Head of Compliance is kept abreast of the latest key developments and their likely impact on the business
* Required to attend internal and external events,including webinars, seminars,conferences and discussion groups to develop a more detailed understanding of regulatory expectations and new regulatory developments and how other firms are interpreting and implementing them, raising gaps / areas of concern with the Head of Compliance
* Provide regular updates to the business on current and upcoming regulatory developments to enhance existing understanding and assist the business to operate in a way that is aligned to regulatory expectations and industry best practice including on data protection
* Review and analyse new regulations and provide advice and guidance to the business to ensure the regulations are appropriately interpreted and implemented in a compliant manner including on data protection
* Responsible for ensuring the Regulatory Events Register is maintained and up to date and that all related documentation is saved into the relevant folders, including evidence of Risk Owner feedback
* Responsible for ensuring all actions raised with the business are tracked through to completion, keeping the Head of Compliance abreast of actions progress and escalating overdue actions
* Required to create and deliver regular written communications to the business on current and upcoming regulatory developments including on data protection
* Required to provide training to the business on regulatory developments and on new regulations as required including on data protection
* Responsible for the development, implementation and management of procedures, guidelines and templates, including ensuring they are well maintained, up to date, aligned to our parent company and the appropriate regulatory requirements (as relevant) including on data protection
* Required to support the Compliance Monitoring Team to ensure the most recent regulatory developments are taken into consideration as part of monitoring reviews including on data protection
* Required to undertake Data Protection Privacy Impact assessments
* Required to support the business with Data Rights requests
Experience:
* Minimum 5 years’ experience of working in a wealth management firm and ideally with knowledge of a similar product and service offering– i.e. wealth planning and advice, investment funds, pensions, Offshore Investment Bonds, SIPPs etc