Job Description

Our client is a leading provider of insurance-based wealth solutions through its business and provides employee benefits through its business. Our client operates in attractive markets across the UK, Europe, Latin America, Asia and the Middle East where they see continued, strong demand for their products.

Our client serves customers who want to sustain and pass on their wealth. Our solutions are based on unit linked policies which are tax efficient and allow investment flexibility. Our client offers outstanding service and focused expertise to our client and their advisers who are seeking intelligent and efficient solutions to preserve their wealth and safeguard it for future generations. Our client  includes a number of operating entities, regulated and non-regulated.

They have c£55bn in assets under administration on behalf of 220,000 clients, of which our client  has c£34bn in assets under administration on behalf of 120,000 clients.

Purpose

To ensure the effective provision of second line assurance activity in the form of compliance monitoring to assess the adequacy of systems and controls in place across UHIOM supported legal entities to mitigate regulatory risks including regulatory requirements, internal policies and procedures.

The job holder will support the Head of Risk in the delivery and reporting against the agreed Compliance monitoring plan.

Key Responsibilities

• In conjunction with the Head of Risk develop a compliance monitoring programme, to assist in the creation and delivery of the Compliance Monitoring Plan.
• The role holder will be required to undertake analysis to understand both the commercial and operational drivers and identify potential solutions and be proactive about these when communicating review findings.
• Outputs will be used to assist in ensuring the optimal 3 + 9 plan is established and implanted on a quarterly cycle.
• Ensure effective knowledge transfer in respect of monitoring analytics and review findings in terms of translation into risk and control reporting to the Risk Team.
• Effectively lead Monitoring activity within agreed timescales and to required standards including identifying risk and regulatory issues and the resulting commercial materiality.
• Promote a Risk aware culture within UHIOM.

Key Performance Indicators

• Standard and timeliness of documents and correspondence
• Efficient management of diary and movements
• Standard and timeliness of reporting
• Standard and timeliness of
• Board packs and logistical efficiency of Meetings
• Logistical efficiency of external visits
• Successful delivery of personal goals and personal development plan

Essential Criteria

• Preferable has some knowledge of working work compliance frameworks within a Compliance Function.
• Able to deliver quality reporting to key stakeholders.
• Able to demonstrate good organisational skill: able to work proactively, to prioritise work and to work well under pressure
• Good communicator.
• Displays honesty, integrity, and a strong sense of ethics in all decisions and actions.
• Able to work within a team or on own initiative.
• Ability to deliver to tight deadlines.
• Ensures high quality output.
• Computer literate in Microsoft office.
• Good organisational, administration and interpersonal skills
• Solution orientated and willing to get stuck in
• Good attention to detail
• Flexible in approach and willing to learn new things and take on new responsibilities

Knowledge, Skills and Experience

• At least 5 GCSEs including Maths and English and preferably working towards a financial services qualification.
• Significant experience of desk / IT based analysis, investigations and assessments
• Previous experience and/or significant exposure to assurance, audit, or compliance monitoring based activities
• Additional good knowledge of Compliance/Regulatory/Legislative, Risk or Governance requirements and resulting processes
• Good knowledge of financial products and industry practice
• Strong analytical skills and able to effectively explain complex issues/themes to diverse stakeholders
• Experience in defining and delivering quality reporting
• Good general organisation skills