Financial Monitoring Specialist
4 weeks ago
The Opportunity
As a Financial Monitoring Specialist at The Openwork Partnership, you will be responsible for assessing the solvency and fitness of Appointed Representatives by investigating and understanding their financial soundness. You will be competent in understanding and interpreting financial monitoring risk, taking responsibility for analysing and assessing risk and making sound judgement.
Key Responsibilities:
- Checking of Financial Monitoring data in accordance with the AR Financial Monitoring policy ensuring information is accurate and applied to the set quality checking standards.
- Proactively identify trends and feed continuous improvement.
- Identifying errors and escalating risks.
- Identifying and build relationships with Appointed Representative's providing advice and guidance as required.
Requirements:
- Experience in a financial services organisation, preferably an AR Network.
- Experience of Financial Crime & ALM investigations.
- Previous experience in assessing Sole Trader, Partnership and Limited company Financial Solvency.
- Level 4 / Diploma qualified would be an advantage.
- Level 1 Accountancy desirable.
- Understanding and interpreting FCA guidance.
- Moderate knowledge of investigative techniques.
- Working knowledge of the concept of 'treating customers fairly'.
- Understanding of business structure, goals, and plans.
- Awareness of data protection legislation and practical application.
- Working knowledge on Anti Money Laundering application.
- Keen attention to detail.
- Investigative skills, particularly a strong analytical and questioning ability.
- Sound judgement and decision-making capability.
- Strong relationship and interpersonal skills.
- Logical and methodical approach.
- Ability to remain calm under pressure.
- Ability to prioritise and organise.
- Ability to analyse and evaluate complex financial information gathered on AR firms from financial reporting to assess an AR firm's financial solvency and identify key risks.
Why Us?
We're a dynamic, fast-paced, and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We're investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential.
We're also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague's individual differences and identities – just like our financial advice, for us, it's personal. We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier. At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.
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