Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Assist in processing applications and conducting assessments in a dynamic regulatory environment.
- Company: Join a leading fiduciary services firm based in Douglas, known for compliance and fund administration.
- Benefits: Enjoy a 6-month fixed-term contract with opportunities for professional growth and development.
- Why this job: Be part of a collaborative team making a real impact in financial services regulation.
- Qualifications: Previous experience in financial services or compliance is essential; strong analytical and communication skills required.
- Other info: This role offers a chance to engage with senior stakeholders and enhance your professional network.
We are currently seeking an Assistant Manager (Portfolio Supervision) for our Douglas-based Client, a leader in fiduciary services, fund administration, and management and investment advice compliance.
The primary responsibilities of the Assistant Manager will be to assist senior staff in the Portfolio Supervision Division by undertaking a range of activities including processing DNFBP applications and assessing individuals proposed for Controlled Functions and Specified Persons. Other duties will include:
- Provide assistance in identifying and preparing published guidance recommendations across all areas of regulated activity.
- Assist in maintaining the Division's procedural framework and collaborate with other Supervisory Divisions where appropriate.
- Undertake the role of Risk Champion for the Portfolio Division in line with the Enterprise Risk Methodology, Policy and framework.
- Conduct fitness and propriety assessments on applicants and those seeking to hold Controlled Functions.
- Assist in undertaking effective and efficient processing of licence applications, against licensing policies, including preparing recommendation papers for licensing meetings.
- Participate in meetings with potential new applicants to the organisation / regulated entities wishing to extend permissions / individuals seeking to hold Controlled Functions, and ensure that the contents of meetings are accurately recorded and, where necessary, resulting action points are followed-up on.
- Provide assistance in identifying and preparing policy and guidance recommendations across all areas of regulated activity.
- Assist with creating and maintaining a framework of procedures for the Supervision Team (Portfolio) and support HMI with their framework where appropriate.
- Support the Senior Manager (Portfolio Licensing and Enablement Team) with regular and ad hoc Board and committee reporting as appropriate.
- Implement and manage the Division's Internal Risk Libraries (including RCSAs), Business Impact Assessments and Business Continuity Plans, in conjunction with the organisation's Policy & Risk Division.
- Draft and obtain appropriate approval for responses to requests for information from other regulators and from other authorities, in accordance with the relevant legislation, procedures and the organisation's data protection policy.
- Take a proactive stance to communication with applicants in order to obtain required information, advise on progress and relay licensing decisions.
- Ensure all matters considered material to the discharge of the Division's duties and responsibilities are raised with the Senior Manager or Head of Division in a timely manner.
- Ensure efficient use of the organisation's resources.
- Ensure internal systems and procedures are maintained and adhered to including the organisation's procedures and intelligence systems, where appropriate.
The Ideal candidate for the role of Assistant Manager (Portfolio Supervision) will have:
- Previous relevant experience in either a financial services, compliance, regulatory, risk or audit role.
- An awareness of Financial Services and associated legislation, regulation and guidance including trends and developments.
- Strong analytical skills, ability to quickly and accurately assimilate information, to consider any associated risks and to summarise the information effectively.
- Ability to work under pressure, manage a workload of varied complexity, to manage competing priorities and to deliver against deadlines.
- Demonstrates effective interpersonal, verbal and written communication skills.
- Ability to work on their own initiative as well as part of a team.
- Good working knowledge of Microsoft Office Suite.
- Ability to build and maintain working relationships with stakeholders at all levels including the ability to contribute to the subject.
- Ability to assist in preparing and conducting meetings with senior stakeholders both internally and externally.
Supervision Officer - 6-month FTC employer: Orchard Recruitment Ltd
Contact Detail:
Orchard Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Supervision Officer - 6-month FTC
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in financial services. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly changing environment.
✨Tip Number 2
Network with professionals in the compliance and regulatory sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Prepare for potential interview questions by practising your responses to scenarios related to risk assessment and compliance. Use examples from your past experiences to illustrate your analytical skills and ability to manage competing priorities.
✨Tip Number 4
Showcase your interpersonal skills by preparing thoughtful questions for your interviewers. This not only reflects your interest in the role but also your ability to engage with stakeholders effectively, which is crucial for the Assistant Manager position.
We think you need these skills to ace Supervision Officer - 6-month FTC
Some tips for your application 🫡
Understand the Role: Carefully read the job description for the Supervision Officer position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application.
Tailor Your CV: Customise your CV to highlight relevant experience in financial services, compliance, or risk roles. Emphasise your analytical skills and any previous work with regulatory frameworks or procedures.
Craft a Compelling Cover Letter: Write a cover letter that addresses why you are a good fit for the role. Mention specific experiences that align with the responsibilities listed in the job description, such as conducting assessments or managing stakeholder communications.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for this role.
How to prepare for a job interview at Orchard Recruitment Ltd
✨Know Your Regulations
Familiarise yourself with the relevant financial services legislation and regulations. Being able to discuss recent trends or changes in compliance will show your awareness and commitment to the role.
✨Demonstrate Analytical Skills
Prepare examples of how you've used your analytical skills in previous roles. Be ready to explain how you assess risks and summarise complex information effectively, as this is crucial for the Assistant Manager position.
✨Showcase Communication Abilities
Practice articulating your thoughts clearly and concisely. Since the role involves liaising with various stakeholders, demonstrating strong verbal and written communication skills will be key to impressing the interviewers.
✨Prepare for Scenario Questions
Anticipate scenario-based questions that may relate to managing competing priorities or conducting meetings with senior stakeholders. Think about how you would handle these situations and be prepared to share your thought process.
