Aberdein Considine LLP is looking for a Risk and Compliance Director to lead our Compliance team. The Director will be responsible for all relevant regulatory and service delivery requirements and that they are met across all business areas in the firm. The successful candidate will also be responsible for maintaining the Training & Competence scheme in the Lender Services division, and for ensuring a high level of competence across the firm with particular focus on the FCA-regulated departments.
They will hold the SMF16 (compliance oversight) for the firm and support the SMF17 (Money Laundering Reporting Officer). They will also consistently demonstrate values driven behaviour by showing genuine care for clients and colleagues, striving for excellence through going above and beyond and fostering a culture of collaboration and teamwork.
The successful candidate will preferably be based in Glasgow; however, applications from candidates wishing to be based in Edinburgh will also be considered.
What You’ll Be Doing:
Key Responsibilities
- Providing overall leadership of the firm’s risk, compliance and regulatory framework to ensure ethical conduct, regulatory adherence and protection of consumers
- Setting and promoting a firm wide culture of compliance, ethical behaviour and consumer focus, supporting Equity Partners in maintaining high professional standards
- Ensuring the firm’s services, processes and controls are designed and operated in accordance with Consumer Duty requirements, with the objective of delivering good customer outcomes and minimising consumer harm
- Holding senior management responsibility for ensuring the firm complies with FCA requirements on systems, controls and senior management responsibilities
- Ensuring the firm continues to meet FCA Threshold Conditions (COND) at all times
- Providing leadership, direction and oversight to staff within the risk and compliance function to ensure effective delivery of regulatory assurance
- Ensuring appropriate compliance frameworks, policies, procedures and systems are in place and reviewed regularly across all FCA regulated business activities
- Ensuring advice, sales and advisory procedures are appropriately designed, implemented and followed across all regulated business areas
- Ensuring accurate, complete and up to date compliance records are maintained to evidence regulatory compliance across all regulated activities
- Maintaining full compliance with the Financial Services and Markets Act 2000, FCA Conduct Rules, Statements of Principle and Codes of Practice
- Maintaining ongoing awareness of relevant regulatory, legislative, product and technical developments and ensuring the firm responds appropriately
- Acting as the firm’s senior point of contact with the FCA, managing the regulatory relationship openly and cooperatively and ensuring timely disclosure of material matters
- Ensuring the firm is prepared to respond accurately and promptly to regulatory information requests, inspections and supervisory engagement
- Ensuring management information relating to governance, risk and compliance is produced, reviewed and escalated appropriately, including identification of adverse trends or systemic issues
- Ensuring all FCA notifications and regulatory returns are accurate, complete and submitted within required timeframes
- Working closely with the CoLP and CoFA to ensure regulatory obligations under SRA rules are met and reported appropriately
- Working with the firm’s Money Laundering Reporting Officer to ensure robust systems, controls and oversight are in place to manage financial crime risks
- Supporting the Data Protection Officer to ensure firm and client records are retained and managed in accordance with data protection and information security requirements
What We’re Looking For
Preferred Skills, Knowledge & Experience
- Experience as SMF 16 in an FCA-regulated financial services organisation
- Good knowledge and understanding of the FCA’s reliance on senior management responsibility
- Understanding of SMCR and the responsibilities associated with holding a Senior Manager function
- Knowledge and understanding of FCA rules and regulation and the application to the business
- Knowledge and understanding of the FCA permissions and the scope in which they can be applied
- Experience in compliance operations
- Understanding of the role of service providers to the financial services sector
- Ability to compile reports, procedures and processes
- Excellent written and verbal communication skills
- Excellent organisational skills
- High levels of accuracy with an eye for detail
- Experience of working within a law firm or other professional services firm
- Experience of legal regulation, either Solicitors Regulation Authority or Law Society of Scotland
- Ability to consider regulatory change and practical application
- Excellent problem solving skills
Qualifications
- Bachelor degree or equivalent (essential)
- A professional qualification in the field of governance, risk and compliance is desirable
#J-18808-Ljbffr
Risk & Compliance Director in Glasgow employer: Hollybank Trustees Ltd
At Kingspan Light, Air + Water, we pride ourselves on fostering a collaborative and supportive work environment in Havant, where our Data Centre Customer Service Specialists play a crucial role in delivering exceptional service to our customers. We offer comprehensive training and development opportunities, ensuring that our employees grow alongside the company while enjoying a culture that values teamwork and innovation. With a focus on employee well-being and a commitment to sustainability, working with us means being part of a forward-thinking organisation that truly cares about its people and the planet.
