Compliance and Risk Officer

7 days ago

St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time
Job Mission:

To provide a Compliance and Risk service to the Directors and employees of the companies to ensure all relevant activities adhere to all appropriate regulatory requirements.

Lead and manage the Compliance team to ensure procedures and services delivered adhere to the regulations that apply to a regulated financial services business.

Ensure all relevant regulatory requirements are met including the FCA's Conduct Rules and Principles.

Monitor and brief senior leadership on regulatory themes and pronouncements as appropriate.

Engage with clients as appropriate to enhance OPAL's service.

Participate in and contribute to the broader management group of the businesses.

Principal Job Objectives:

Ensure the Compliance function has the correct level of regulatory oversight and that procedures and monitoring activity adequately support the mandatory requirements expected for a regulated financial services business.

Provide Compliance and AML oversight and hold the associated FCA Senior Management functions SMF16 Compliance Oversight and SMF17 Money Laundering Reporting Officer.

Act as the Data Protection Officer.

Ensure regulatory returns are completed accurately and in a timely manner.

Review and communicate relevant regulatory developments to ensure the business is prepared for and able to comply with any new requirements.

To keep up to date all details of your Supplier Contracts and renewals held within the Supplier's Drive, ie Lexisnexis, Information Commissioner to ensure we remain in Contract and stay within the terms agreed.

To ensure you update the Governance Schedule to be presented in the Quarterly Board Meeting.

To ensure all Director's applications/or removals to the FCA are undertaken in a timely manner, pre-populating with the assistance of the Director and HR and the Director and Board are kept up to date with the application/removal without delay.

Act as Chairman of the Risk Committee, be responsible for the maintenance of the Risk Register and for identifying and monitoring risk through monthly meetings and distribution of Minutes to the Board and SARC.

Report on Risk to the OPAL Board.

As owner of the of Training and Competence Scheme you will ensure in conjunction with HR that it is suitably documented and monitored annually.

Maintain appropriate relationships with relevant regulatory organisations.

Manage and carry out the Compliance Monitoring Plan in order to analyse the company's compliance with regulatory requirements including FCA obligations, Data Protection, Fraud Prevention and measures, Consumer Duty Basic Principals and anti-money laundering.

Create and deliver the OPAL annual review programme ensuring reviews are undertaken in a timely manner, minimum 4 reviews a year and reported quarterly to the Board.

Maintain and govern the OPAL's Breach Register, ensuring Breaches are reported and completed to a high standard and within the agreed SLA's.

Oversee and input into OPAL's complaint management service including maintaining the OPAL clients' Complaint Register.

Analyse regulatory and procedural breaches and ensure that remedial actions have been taken to mitigate against future occurrence.

Own and monitor the operation of OPAL's PEP and Sanctions screening tool to satisfy the regulatory requirements of OPAL's clients.

Maintain the Compliance Manuals of both firms.

Produce and present quarterly compliance reports to the OPAL and SFPL Boards.

Assist in other compliance matters as directed by the OPAL and SFPL Boards.

Escalate any ISO security risk within OPAL to the CSO.

Act as OPAL ISO security Risk Owner for Compliance and ensure ISO audits are completed accurately and on time in liaison with the CSO.

To ensure all applicable laws attributable to OPAL are reviewed and maintained in the ISMS at least annually.

As OPAL Compliance Risk Owner implement controls, document procedures and complete risk assessment reviews as required.

As OPAL Risk Owner be responsible for the protection of assets detailed in the Consolidated Risk Register.

As OPAL Risk Owner ensure that any Compliance security breaches are completed within 24 hours as per the procedures, escalating any residual risk to the CSO.

Essential Knowledge, Skills and Experience Required at Recruitment:

Minimum of 10 years experience in Financial Services, preferably in the Investment and Life Protection sectors, with least 5 years in the Compliance sector.

Appropriate qualifications in financial services.

Strong interpersonal and communication skills and able to identify and build important strategic relationships internally and externally.

Display sound and proportionate judgement.

Display a commercial outlook.

Ideally 5+ years in management roles.

Strong awareness of the FCA handbook and data protection.

Additional Knowledge Required to Become Fully Competent:

Good understanding of administration and systems within the companies.

Familiarisation with the companies' products and services.

Good understanding of ISO27001 and ISMS.

Good understanding of our Client Relationships and Contractual obligations.

  • Compliance and Risk Management Officer

    1 week ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job MissionTo provide a Compliance and Risk service to the Directors and employees of the companies to ensure all relevant activities adhere to all appropriate regulatory requirements.Lead and manage the Compliance team to ensure procedures and services delivered adhere to the regulations that apply to a regulated financial services business.Ensure all...

  • Senior Risk Compliance Officer

    7 days ago

    St Albans, Hertfordshire, United Kingdom Recruit Wealth Ltd Full time

    Recruit Wealth Ltd is seeking a highly skilled Compliance Officer to oversee compliance, T&C, and AML, working closely with the senior leadership team.Key responsibilities include ensuring the company operates within the guidelines of the Financial Conduct Authority by implementing and overseeing compliance policies and procedures.Compliance:Comply with the...

  • Head of Compliance and Risk Management

    1 week ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job Title: Head of Compliance and RiskOutsourced Professional Administration Limited (OPAL) is seeking a highly experienced Head of Compliance and Risk to join their team. The successful candidate will be responsible for providing a Compliance and Risk service to the Directors and employees of the companies to ensure all relevant activities adhere to all...

  • Aircraft Compliance Officer

    3 weeks ago

    St Albans, Hertfordshire, United Kingdom NLB Solutions Full time

    Compliance Manager Job DescriptionNLB Solutions is seeking a seasoned Compliance Manager to join our team. As a key member of our organization, you will be responsible for ensuring our financial services business adheres to all relevant regulatory requirements.Key Responsibilities:Develop and implement effective compliance procedures to mitigate regulatory...

  • Aircraft Compliance Officer

    3 weeks ago

    St Albans, Hertfordshire, United Kingdom NLB Solutions Full time

    Compliance Manager Job DescriptionNLB Solutions is seeking a seasoned Compliance Manager to join our team. As a key member of our organization, you will be responsible for ensuring our financial services business adheres to all relevant regulatory requirements.Key Responsibilities:Develop and implement effective compliance procedures to mitigate regulatory...

  • Compliance Officer

    6 days ago

    St Albans, Hertfordshire, United Kingdom NLB Solutions Full time

    NLB Solutions is seeking a seasoned Compliance Manager to join their team. As a key member of the organization, you will report directly to the CFO and lead a small team responsible for ensuring the company's compliance with regulatory requirements.The ideal candidate will have at least 5 years of experience in Financial Services, preferably in the...

  • Compliance Risk Manager

    5 days ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job Mission:Deliver a Compliance and Risk service to Outsourced Professional Administration Limited (OPAL) and its employees to ensure all relevant activities adhere to appropriate regulatory requirements.Contribute to the Compliance team in association with the Head of Compliance and Risk to ensure procedures and services delivered adhere to regulations...

  • Compliance Risk Manager

    4 days ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job Mission:Deliver a Compliance and Risk service to Outsourced Professional Administration Limited (OPAL) and its employees to ensure all relevant activities adhere to all appropriate regulatory requirements.Contribute to the Compliance team in association with the Head of Compliance and Risk to ensure procedures and services delivered adhere to the...

  • Compliance Officer

    6 days ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job DescriptionAs a Compliance Manager at Outsourced Professional Administration Limited (OPAL), you will play a critical role in ensuring the firm's compliance with regulatory requirements. Your primary responsibility will be to provide a Compliance and Risk service to the firm and its employees, ensuring all relevant activities adhere to appropriate...

  • Head of Compliance and Risk

    4 weeks ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job Title: Head of Risk and ComplianceOutsourced Professional Administration Limited (OPAL) is seeking a highly skilled and experienced Head of Risk and Compliance to join our team. As a key member of our management group, you will be responsible for providing a Compliance and Risk service to our Directors and employees, ensuring all relevant activities...

  • Head of Compliance and Risk

    4 weeks ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job Title: Head of Risk and ComplianceOutsourced Professional Administration Limited (OPAL) is seeking a highly skilled and experienced Head of Risk and Compliance to join our team. As a key member of our management group, you will be responsible for providing a Compliance and Risk service to our Directors and employees, ensuring all relevant activities...

  • Compliance Officer

    4 weeks ago

    St Albans, Hertfordshire, United Kingdom NLB Solutions Full time

    Compliance Manager Job DescriptionNLB Solutions is seeking a highly skilled Compliance Manager to join our team. As a key member of our organization, you will be responsible for ensuring that our financial services business operates in compliance with all relevant regulatory requirements.Key Responsibilities:Develop and implement effective compliance...

  • Compliance Officer

    4 weeks ago

    St Albans, Hertfordshire, United Kingdom NLB Solutions Full time

    Compliance Manager Job DescriptionNLB Solutions is seeking a highly skilled Compliance Manager to join our team. As a key member of our organization, you will be responsible for ensuring that our financial services business operates in compliance with all relevant regulatory requirements.Key Responsibilities:Develop and implement effective compliance...

  • Head of Compliance and Risk Management

    2 weeks ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job Title: Head of Compliance and RiskOutsourced Professional Administration Limited (OPAL) is seeking a highly skilled and experienced professional to fill the role of Head of Compliance and Risk. This is a challenging and rewarding opportunity for a seasoned compliance and risk expert to join our team and contribute to the success of our organization.Job...

  • Head of Compliance and Risk Management

    2 weeks ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job Title: Head of Compliance and RiskOutsourced Professional Administration Limited (OPAL) is seeking a highly skilled and experienced professional to fill the role of Head of Compliance and Risk. This is a challenging and rewarding opportunity for a seasoned compliance and risk expert to join our team and contribute to the success of our organization.Job...

  • Head of Compliance and Risk

    4 weeks ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job Title: Head of Risk and ComplianceOutsourced Professional Administration Limited (OPAL) is seeking a highly skilled and experienced Head of Risk and Compliance to join our team. As a key member of our management group, you will be responsible for providing a Compliance and Risk service to our Directors and employees, ensuring all relevant activities...

  • Head of Compliance and Risk

    4 weeks ago

    St Albans, Hertfordshire, United Kingdom Outsourced Professional Administration Limited (OPAL) Full time

    Job Title: Head of Risk and ComplianceOutsourced Professional Administration Limited (OPAL) is seeking a highly skilled and experienced Head of Risk and Compliance to join our team. As a key member of our management group, you will be responsible for providing a Compliance and Risk service to our Directors and employees, ensuring all relevant activities...

  • Aircraft Compliance Officer

    1 month ago

    St Albans, Hertfordshire, United Kingdom NLB Solutions Full time

    Compliance Manager Job DescriptionNLB Solutions is seeking a seasoned Compliance Manager to join our team. As a key member of our organization, you will be responsible for ensuring our financial services business adheres to all relevant regulatory requirements.Key Responsibilities:Develop and implement effective compliance procedures to mitigate regulatory...

  • Aircraft Compliance Officer

    1 month ago

    St Albans, Hertfordshire, United Kingdom NLB Solutions Full time

    Compliance Manager Job DescriptionNLB Solutions is seeking a seasoned Compliance Manager to join our team. As a key member of our organization, you will be responsible for ensuring our financial services business adheres to all relevant regulatory requirements.Key Responsibilities:Develop and implement effective compliance procedures to mitigate regulatory...

  • Compliance Officer

    4 weeks ago

    St Albans, Hertfordshire, United Kingdom Abacus Consulting Full time

    Compliance ManagerAbacus Consulting is seeking a highly skilled Compliance Manager to join our team in St Albans. As a Compliance Manager, you will play a critical role in ensuring our business meets all regulatory requirements, including FCA obligations, Data Protection, Fraud Prevention, and anti-money laundering measures.Key Responsibilities:Develop and...