Head Of Compliance
- Recruiter
- Sanderson Drake
- Location
- Llanelli, UK
- Salary
- Competitive salary
- Posted
- 16 Jul 2021
- Closes
- 27 Jul 2021
- Ref
- 2043513018
- Job role
- Compliance/risk, Finance director
- Sector
- Accounting - Public practice
- Experience level
- Director
As Head of Compliance, your role is varied and includes:
Experience Required:
Skills & Experience:
Reference ID: SD-CRO-0001
- Acting as SMF16 Compliance Oversight Function with the prescribed responsibilities of performance by the firm of its obligations in respect of notification and training of the Conduct Rules.
- Reporting to the management structure about the firm's compliance with the regulations and rules that apply to a firm as set out in the FCA handbook and in particular adherence to the SMCR regime, CMCOBS and SYSC.
- Ensuring the production of suitable MI Data required to enable and inform the FCA reporting regime.
- Assist with the submission of the regular reports required by the FCA reporting regime.
- Creating, maintaining and implementing of policies and procedures with the adequate framework to ensure the firm remains compliant with its regulatory obligations with a focus on fair consumer outcomes, treating customers fairly and vulnerable consumers.
- Actively monitoring regulatory requirements of clients, regulators and the firms process to assess any impact on our current approach and/or service for future change.
- Maintaining policies and procedures, systems and controls ensuring the firm remains regulatory compliant and are regularly reviewed.
- Assessing our delivery of conduct risk and assisting in embedding key regulatory, SRA and client requirements into the services we provide and our culture.
- Assisting with the completion of internal audits including root cause analysis, calibration exercises and implementing training lessons.
- Delivering training on policies, procedures and key regulatory issues.
- Facilitating and co-chairing the FCA SMCR Meetings and assisting with implementing outputs/feedback.
- Working with the management structure in the development of claim criteria, processes and procedures.
Experience Required:
- FCA Regulatory Compliance
- FCA Connex & GABRIEL reporting
- SMF 16 Function
- Senior Managers and Certification Regime (SMCR)
- Systems and Controls
- GDPR & Data Protection
- Conducting Due-Diligence
- Conducting MI and Analysing trends
Skills & Experience:
- Experience of the FCA Approved Persons function and the SMCR regime
- Good communication and organisational skills
- A broad and detailed knowledge and sufficient understanding of the financial services industry and regulatory framework to act as an internal adviser / point of contact for the firm
- Expertise in vulnerable customers, complaints and financial claims & services.
- A working knowledge of the Risk and Compliance issues
- Ability to build and maintain collaborative relationships with others
- Ability to challenge in a constructive way, and influence others to deliver processes and solutions in line with regulatory and best practice requirements
- Ability to organise and prioritise own workload in order to adhere to deadlines within a timely manner
- Ability to delegate tasks to team members and work collaboratively
- Ability to manage individuals and teams, providing coaching and feedback sessions with employees in both a 1-2-1 environment and as a group
Reference ID: SD-CRO-0001