Risk and Compliance Manager

LB Group is a leading, UK Top 50 Accountancy firm. With a heritage spanning over 60 years, we have more than 400 accountancy professionals based across the South-East of England. We advise businesses and charity sector organisations and individuals in the UK and internationally across seven principal practice groups: Accountancy & Advisory, Tax and Planning, Audit Services, Corporate Finance, Digital Solutions, Payroll and Financial Planning.

We have invested continuously in technology and gained in-depth knowledge across a broad range of markets, growing through acquisitions and private investment. We offer an exceptional service to our clients, with access to our sector experts to develop the strategy that will help them reach their goals. We keep a finger on the industry pulse, so our clients receive the best short to medium and long-term advice.

The post holder will be expected to operate in line with our workplace values “RIALTO”.

Respect, Integrity, Aspire, Learn, Teamwork and Ownership. LB Group appreciates all its employees with people at the heart of what we do, to ensure we are authentic, warm and relatable to those we serve.

Purpose of the Role

The Risk & Compliance Manager will develop and oversee the firm's risk management and compliance governance frameworks, ensuring adherence to regulatory requirements and internal policies. This role involves identifying, assessing, and mitigating risks, as well as developing and implementing compliance strategies to safeguard the firm's reputation and operational integrity. Key elements of the role are ensuring conformity of application of systems and reporting across an expanding number of offices and liaising with service line heads for their specific regulatory requirements for example audit regulation.

Accountabilities

Risk Management:

• Develop and maintain the firm’s risk management framework, policies, and procedures across an expanding number of offices and clients.
• Identify, assess, and prioritize potential risks to the firm.
• Monitor and analyse risk exposure and develop mitigation strategies.
• Conduct regular risk assessments and audits.
• Prepare and present risk reports to senior management and the board.
• Liaise with non-exec board members.

Compliance Management:

• Ensure compliance with all relevant laws, regulations, and industry standards. Key areas being Money laundering, GDPR and ICAEW Practice Assurance and DPB regulations.
• Develop, implement, and maintain compliance programs and policies across an expanding number of offices and clients.
• Monitor regulatory changes and update internal policies accordingly.
• Conduct compliance training for employees.
• Perform compliance audits and investigations as necessary.
• Set up and perform compliance monitoring actions and results analysis

Policy and Procedure Development:

• Draft, review, and update risk and compliance policies and procedures.
• Ensure policies and procedures are communicated and adhered to across the firm.

Reporting and Documentation:

• Maintain accurate and up-to-date documentation of all risk and compliance activities.
• Prepare regular reports for internal and external stakeholders.
• Ensure all regulatory filings are completed accurately and on time.

Collaboration and Advisory:

• Work closely with other departments to ensure a cohesive approach to risk management and compliance. Specific attention to highly regulated and specialists’ areas such as audit.
• Provide guidance and support to management and staff on risk and compliance issues.
• Liaise with external regulators and auditors as needed.

Skills and Qualifications

• Relevant professional qualification(s) advantageous, although not essential with requisite experiences.
• Ideally 7 years+ experience in risk management, compliance or a related field within the financial services, corporate finance or an advisory organisation.
• Strong knowledge of regulatory requirements and compliance standards in the financial / accountancy practice sector.
• Excellent analytical, problem-solving, and decision-making skills.
• Confidence to lead and present work to all levels up to an including the Board.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team in a sometimes-pressurised environment with demonstratable ability to prioritise work.

Core Benefits

At LB Group, our culture is driven by ambition and a commitment to positively impact all the communities we serve. We are dedicated to the success, development, and wellbeing of our colleagues, helping them achieve their goals and seize the opportunities that come with our growth. Alongside a flexible and inclusive work environment, we offer the following core benefits:

• 25 days holiday (FTE) plus Bank Holidays (Sept-Aug).
• Opportunity to purchase 3 extra days holiday per year.
• Auto enrolment Pension Scheme with True Potential
• Death in Service.
• Professional membership support.
• Paycare – claim money back for Dental / Optical / Professional Therapies.
• Agile/Hybrid Working Policy.
• Dress for your Diary Policy.

LB Group is a flexible business which has embraced a hybrid working model where our colleagues enjoy a mix of home and office working. We welcome applications from people looking for flexible, agile, and part-time roles and we are happy to explore your preferred working patterns as part of your application.

Please note that this job profile is not an exhaustive list of duties but merely an outline of the key components of the role. You may be required, by your line manager, to take on additional responsibilities when requested.

LB Group is committed to being an Equal Opportunity Employer. Our policy is unequivocal:

we do not tolerate discrimination based on age, disability, sex, race, religion, or belief, gender reassignment, marriage or civil partnership, pregnancy, or maternity, or sexual orientation. We pride ourselves on being an inclusive organisation that actively promotes equality of opportunity for all, valuing the right mix of talent, skills, and potential. We welcome applications from a diverse range of candidates, and selection for roles is based solely on individual merit.