Regulatory Advisory - Senior Manager in Newcastle

FNZ Newcastle, Northern Ireland, United Kingdom

Head of Recruitment at FNZ Group | Leading the Talent Acquisition Strategy & Recruitment Delivery in the UK

Role Description

This role profile covers FNZ’s wealth and bank propositions. The position requires experience providing compliance consultancy related to FCA/PRA requirements for banks and wealth clients. The role will engage with clients’ 2LOD teams to provide assurance of 2LOD oversight of their business proposition with FNZ, while maintaining awareness of material compliance issues affecting those clients and addressing first‑line activity relating to those issues.

Specific Role Responsibilities

Compliance Culture

• Assist senior management to promote the compliance culture of FNZ, particularly understanding regulatory obligations.
• Provide training to the business as required.
• Attend governance meetings as required.

Compliance Consultancy

• Provide in‑depth advice to the Company on FCA, HMRC and other applicable regulations and legislation concerning the Company’s regulated and administrative activities.
• Provide regulatory advice in connection with business propositions.
• Offer compliance support to projects as required.
• Review risk events, confirm rule references and advise on action to rectify any breaches of the FCA’s Rules and, when necessary, HMRC and other regulations.

Regulatory Compliance Policy

• Assist the business to meet the minimum standards of the Regulatory Compliance Policy.
• Review and update the Regulatory Compliance Policy and supporting policies to ensure continued compliance with regulatory requirements.

Client Relationship Management with 2LOD Counterparties

• Build relationships with the Company’s clients’ 2LOD functions.
• Provide 2LOD Compliance oversight of the business in connection with specified clients, ensuring familiarity with key client risks and issues.
• Undertake risk trend analysis as required in connection with specified clients.
• Maintain awareness of functionality change delivery and approve releases on behalf of 2LOD for specified clients.

Compliance Monitoring Plan (CMP)

• Assist in carrying out the Compliance Monitoring Plan if required, including reviewing samples or conducting side‑by‑side reviews.
• Carry out analysis of risk event trends and perform deep‑dive investigations where trend analysis indicates potential problems.

Regulatory Developments

• Assist the Regulatory Developments section of the Compliance team by providing input into regulatory change impact assessments and assisting clients where required.

External Liaison

• Prepare reports and liaise with clients on compliance matters.
• Engage with auditors and consultants on compliance matters when required.

Governance Meetings

• Assist in preparing Committee papers.
• Attend Governance meetings as required.

Team Working

• Share ideas to enhance cross‑team learning and business development.
• Build and maintain relationships with internal and external parties.
• Support the team’s efforts to succeed.

Maintaining Operational And Company Standards

• Support the Company’s goals and values.
• Encourage and drive quality and continuous improvement of processes used across the business.
• Ensure practices comply with regulatory bodies’ expectations.

Personal Effectiveness

• Build relationships with clients and within the Company.
• Prioritise and manage service delivery targets within tight constraints.
• Take ownership of workload and be proactive.
• Exhibit strong communication skills and adaptable style.
• Demonstrate self‑awareness and willingness to develop.
• Analyse and problem‑solve effectively.
• Maintain calm, reasonable, professional demeanor.
• Work well under pressure.
• Be flexible to change, eager to improve and develop new skills.

Experience Required

• Significant prior experience in a regulatory role supporting clients’ propositions.
• Detailed knowledge of the FCA Handbook, including SYSC, CASS, COBS, COLL rules and HMRC requirements.
• Good knowledge of relevant European Directives.
• Experience in front and back office investment operations functions an advantage gained through a compliance function.
• Professional or industry qualification.
• Excellent communication, relationship management and influencing skills.
• Ability to build and maintain effective internal and external relationships.
• Ability to analyse, present and report regulatory information to senior stakeholders clearly and concisely.

About FNZ

FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back. We created wealth’s growth platform to help. We provide a global, end‑to‑end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution. We partner with the world’s leading financial institutions, with over US$2.2 trillion in assets on platform (AoP). Together with our clients, we empower nearly 30 million people across all wealth segments to invest in their future.

Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Finance and Sales