Purpose of Role Summary:
The main purpose of the role will be to lead Compliance Monitoring reviews and assess various business processes for adherence to regulatory requirements and produce a final report documenting key findings and recommendations.
Key Responsibilities:
- Undertake Compliance Monitoring of material risks as per agreement within Compliance Monitoring Plan (CMP), including Regulatory File Review.
- Conduct regulatory file reviews including analysis of areas within the business, regulatory themes and regulatory change.
- Provide oversight and challenge to ensure relevant business processes are established and maintained in accordance with regulatory requirements to conduct detailed analysis of regulatory compliance issues and proposals.
- Support RIMI Compliance Officer with the production of reports and management information, committee, project representation and staff training
Key Competences / Skills / Experience / Behaviours Required
- Skills and knowledge
- IT literate with a good working knowledge of Microsoft Outlook, Word, Excel, Visio and Access
- An awareness of and the ability to review and interpret regulations, specifically JFSC
- Knowledge of the wealth management industry would be advantageous but not essential
- Good communication skills, both verbal and written
- Inquisitive & analytical mind-set
- Strong organisation & co-ordination skills; with an attention to detail
- Ability to deliver on time
- Excellent verbal and written communication skills