At a Glance
- Tasks: Execute compliance monitoring plans and produce insightful reports for the business.
- Company: Join a leading financial services firm focused on compliance and risk management.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Dynamic team environment with opportunities to collaborate across departments.
- Why this job: Make a real impact in compliance while working with industry experts.
- Qualifications: Experience in compliance monitoring and strong knowledge of FCA regulations.
The predicted salary is between 55000 - 65000 £ per year.
Reporting to the Senior Compliance Manager, Compliance Assurance, the role will be primarily focused on the execution of key elements of the Compliance Monitoring Assurance Plan across the 7IM Group as part of the Compliance Assurance team, who are responsible for the successful and timely delivery of the plan. There will be opportunities to support & work with the wider Risk & Compliance Team as required. The role will also have direct interaction with the Head of Compliance Assurance and Chief Risk Officer.
Responsibilities
- Undertake elements of the risk-based compliance monitoring programme in line with the agreed schedule.
- Produce accurate and complete compliance reports to the business, ensuring that executive summaries are robust and succinct.
- Maintain records of all outstanding issues raised during monitoring, working with the business to oversee them through to resolution.
- Work actively with the 7IM business teams to answer questions and resolve issues raised, offering practical solutions wherever possible.
- Work closely with the Risk Analytics team and the Data insight & analytics team to develop monitoring and reporting solutions to improve efficiency and enhance controls.
- Assist with the monthly production of compliance management information regarding the findings and observations made from monitoring in an accurate and timely manner for various governance forums as required.
- Assist with regulatory change projects and delivery of other compliance initiatives as required.
- Provide support with the investigation of complaints, including facilitating appropriate responses and assisting with root cause analysis.
- Provide support and cover for other members of the Assurance Team for periods of annual leave.
- Review and maintain or contribute to the development of new compliance policies and procedures in accordance with current and developing regulatory rules and guidance.
- Provide support for the Senior Compliance Manager overseeing the in-house ACD and 7IM Funds and Models range.
About You
Knowledge
- Relevant compliance monitoring experience in retail financial services including Wealth Management and Fund Oversight is key.
- SIPP and Platform Operations experience is desirable.
- Excellent working knowledge of the relevant FCA sourcebooks including COBS, COLL, SYSC, MCOBs.
- Experience of writing scoping documents for thematic reviews, ability to link back to internal process and regulations.
- Good general awareness of the financial services industry and financial markets.
- Strong commitment to compliance principles and practices.
- Good awareness of aspects of the regulatory environment relevant to the role, and regulatory change.
Skills/Other relevant information
- Empathetic and client-centric focus.
- Experience of working in a fast-paced, dynamic business environment.
- IT Literate - including good Excel, PowerPoint & Word skills.
- Good written and oral communication skills including experience with report writing and delivery to senior members of staff.
- Good time management and ability to prioritise tasks where necessary.
- Pragmatic approach and ability to offer practical solutions, analysing Regulations and procedures in a compliant, yet business aware manner seeking to support the business’s objectives.
- Enthusiastic and keen to use initiative.
- Team player with understanding of key current and forthcoming regulatory developments.
Education
- CISI Compliance Diploma or equivalent.
- Professional industry qualifications.
- Good Academic qualifications: A-level or higher.
- Relevant industry experience.
Senior Compliance Monitoring Officer employer: Seven Investment Management
Seven Investment Management is an excellent employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of the financial sector. Employees benefit from comprehensive professional development opportunities, competitive remuneration, and a commitment to work-life balance, all while contributing to cutting-edge projects in hybrid cloud networking and infrastructure. With a focus on employee well-being and growth, this role provides a meaningful chance to make a significant impact within a forward-thinking organisation.
Contact Details:
Seven Investment Management Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Compliance Monitoring Officer
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Seven Investment Management looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Compliance Monitoring Officer
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Seven Investment Management. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Seven Investment Management
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Seven Investment Management’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
