At a Glance
- Tasks: Lead compliance monitoring and ensure adherence to regulatory requirements in a dynamic financial environment.
- Company: Join a leading wealth management firm focused on high-quality customer care.
- Benefits: Flexible work schedule, competitive salary, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on risk management and employee development.
- Why this job: Make a real impact by enhancing compliance practices and supporting business success.
- Qualifications: Extensive compliance experience and strong understanding of FCA rules required.
The predicted salary is between 60000 - 75000 £ per year.
Please note - Wealth Management and experience working in a business that provides financial planning and advice is essential. 3 days per week in office.
Purpose of role: To lead, undertake and oversee all compliance monitoring activity, ensuring issues and risks of a compliance and regulatory nature are appropriately managed. Ensure compliance maintains a culture of high-quality customer care and compliance support to the business within agreed regulatory control frameworks.
Key Responsibilities:
- Develop a thorough understanding of the business and regulatory landscape the business operates within.
- Ensure the firm adheres to regulatory requirements and internal policies by developing a monitoring programme and conducting risk assessments.
- Undertake regular monitoring reviews to identify potential violations and areas of non-compliance.
- Ensure there are effective compliance policies, procedures and controls in place in line with Ascot Lloyd’s regulatory obligations and expectations, including but not limited to the requirements of MiFID, GDPR, SMCR, RDR, AMLD, etc.
- Identify, monitor and where appropriate provide challenges on compliance or regulatory issues that may arise within the business.
- Develop a good understanding of the business, identify ways of improving upon practices with compliance to help deliver a service above basic regulatory and legislative requirements that enhance growth and success.
- Support delivery of the business acquisition strategy and ensure compliance is represented on all acquisition projects.
- Ensure compliance risks are appropriately identified and managed effectively, providing direction on corrective measures to the compliance advisory team and business alike so that these risks remain within acceptable and agreed parameters.
- Produce and present compliance monitoring reports to various boards and committees within the group.
- Promote a good risk and compliance culture.
- Encourage good risk management processes.
- Foster a risk-aware culture acting as a business enabler through which management feels empowered to take risks in a manner that is transparent and that is in line with the business and risk strategy.
Experience / Skills Required:
- Significant experience of working in compliance and understanding of the FCA rules.
- Confident guiding senior executives on compliance matters.
- Able to train and support employees.
- Confident solving complex compliance related problems.
- Experience of improving processes to ensure the company is compliant and performing effectively.
- Proficient in MS Word, Outlook, PowerPoint and Excel.
- Good communicator, both written and verbal.
- Keen eye for detail and accuracy.
Senior Compliance Monitoring Manager in Slough employer: Actus Search
Ascot Lloyd is an exceptional employer, offering a dynamic work environment that prioritises compliance excellence and high-quality customer care. With a strong focus on employee growth, we provide opportunities for professional development and training, ensuring our team members are well-equipped to navigate the complexities of the financial planning landscape. Located in a vibrant area, our office fosters a collaborative culture where innovation and compliance go hand in hand, making it an ideal place for those seeking meaningful and rewarding careers in wealth management.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compliance Monitoring Manager in Slough
✨Tip Number 1
Network like a pro! Get out there and connect with people in the compliance and financial planning sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA rules and compliance practices. We recommend creating a cheat sheet of key regulations and recent changes in the industry. This will not only boost your confidence but also show potential employers that you’re serious about the role.
✨Tip Number 3
Showcase your problem-solving skills! During interviews, be ready to discuss specific compliance challenges you've faced and how you tackled them. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make a lasting impression.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got a range of roles that could be perfect for you. Plus, applying directly shows your enthusiasm and commitment to joining our team. Let’s get you on board!
We think you need these skills to ace Senior Compliance Monitoring Manager in Slough
Some tips for your application 🫡
Know Your Stuff:Before you start writing, make sure you understand the compliance landscape and the specific requirements of the role. Highlight your experience in wealth management and how it aligns with the job description.
Tailor Your Application:Don’t just send a generic CV and cover letter. We want to see how your skills and experiences directly relate to the responsibilities listed. Use keywords from the job description to show you’re a perfect fit!
Showcase Your Problem-Solving Skills:Since the role involves solving complex compliance issues, share examples of how you've tackled similar challenges in the past. This will demonstrate your ability to think critically and act decisively.
Keep It Professional Yet Personal:While we appreciate professionalism, don’t be afraid to let your personality shine through. A touch of authenticity can make your application stand out. And remember, apply through our website for the best chance!
How to prepare for a job interview at Actus Search
✨Know Your Regulatory Stuff
Make sure you brush up on the key regulations like MiFID, GDPR, and SMCR. Being able to discuss how these apply to the business will show that you understand the compliance landscape and can navigate it effectively.
✨Showcase Your Problem-Solving Skills
Prepare examples of complex compliance issues you've tackled in the past. Highlight your thought process and the steps you took to resolve them. This will demonstrate your ability to handle challenges confidently.
✨Communicate Clearly
Practice articulating your thoughts clearly and concisely. Since you'll be presenting reports to boards and committees, being a good communicator is essential. Consider doing mock interviews with a friend to refine your delivery.
✨Emphasise a Risk-Aware Culture
Be ready to discuss how you've fostered a risk-aware culture in previous roles. Share specific strategies you've implemented to encourage transparency and empower teams to manage risks effectively.
