Compliance Monitoring Officer - Financial Services

Job Title: Compliance Monitoring Officer - Financial Services
Contract Type: Permanent
Location: Horsham, West Sussex
Salary: £30000 - £40000 per annum + 22 days holiday, Pension, Shares
Reference: BB5554788551_1583409460
Contact Name: Tanya Etheridge
Contact Email:
Job Published: March 05, 2020 11:57

Job Description

Our client are Global Leaders in Financial Technology and Financial services. They are in need of a Compliance Monitoring Officer to join the team on the outskirts of Horsham. See below for more details!

Overall purpose of the Job

As part of our clients second line compliance function, the Compliance Monitoring Officer will undertake regular monitoring of the firm's systems/controls, and, in doing so, provide assurance, advice and guidance to the wider business to support compliance with the firm's regulatory obligations.

Key Activities

− Undertake regulatory monitoring, focusing primarily on FCA regulations, internal standards, and measurement of fair outcomes for customers.

− Work alongside the Compliance Manager in the development and tracking of the Compliance Monitoring Plan.

− Develop Terms of Reference/Scope documents for reviews assigned, undertaking fact finding to identify key risks and controls for inclusion.

− Deliver regular, timely, relevant and concise written reports summarising the findings, including recommendations for addressing any weaknesses identified.

− Provide verbal feedback when required to operational areas, including to senior management, in respect of review findings.

− Ensure completeness of evidence gathered and record keeping associated from testing, on which findings and conclusions are clearly based.

− Track and report on the progress of remedial actions and where appropriate, guide management in implementing necessary improvements.

− Generate regular MI reports and summaries of reviews/findings for senior management analysis.

− Act as the "Lead Monitoring Officer", managing reviews and coordinating the activities of other Compliance team members in relation to that work.

− Maintain up to date CPD records demonstrating that skills and knowledge required to do the job are being maintained and enhanced.

− Assist Compliance team members and to cover in time of need, as required and directed by the Compliance Manager.

− Undertake any other wider work including (but not limited to) ad-hoc projects, as required and directed by the Compliance Manager.

Required Skills/Experience

The successful candidate will be/have:

− Experience within Compliance Monitoring or Audit including knowledge of Compliance monitoring tools and techniques, including interviewing skills.

− Good knowledge of retail investments, savings and pensions.

− Strong interpersonal and communication skills, with the ability to build

− Excellent knowledge of relevant FCA rules and their interpretation/application.

rapport and forge strong working relationships with key business stakeholders.

− Effective planning and analytical skills.

− Competent with Microsoft Office programs.

− The desire to maintain competency in line with legislation and technical changes within the industry.

Desirable Skills/Experience

− An understanding of the Platform or Investment Industry and the regulations that impact upon it would be a clear advantage.

− CISI IOC level 3 qualified (or equivalent) or close to completion.

Personal Characteristics

− Team player.

− Desire to self-improve and broaden knowledge.

− Ability to work unsupervised and manage own workload.

− Excellent attention to detail.

− Inquisitive and analytical mind.

To be considered for this role, APPLY NOW! Due to a high level of interest in this position, we can only get back to those who successfuly made the shortlist!

Get similar jobs like these by email

By submitting your details you agree to our T&C's