Head of Compliance Monitoring
6 days ago
HEAD OF COMPLIANCE MONITORING
LOCATION: MANCHESTER
SALARY: 50,000 + BENEFITS
NJR Recruitment are working in Partnership with a prestigious financial services company offering Private Wealth Management, Wealth Planning and Capital Markets services. Our client is a listed top 3 Nominated Adviser (NOMAD) to AIM companies offering a bespoke and highly personalised service to their corporate clients.
The Private Wealth arm build a financial plan and investment strategy for their clients by providing a tailored discretionary, advisory and execution
- only services to individuals, corporates, trusts and funds and a wealth planning service. The Capital Markets division provides Corporate Finance, Research, Market Making and Fund-raising capabilities to quoted small/mid-cap companies.
Due to internal promotion a new opportunity is now available for a 'Head of Compliance Monitoring' to report directly to the Group Head of Risk & Advisory Compliance. Working from their central Manchester office the primary purpose of the role will be;
" Produce and deliver a risk-based Compliance Monitoring Plan for each calendar year
" Undertake regular deep dive thematic monitoring reviews into Business activities, risks and controls such as, trade lifecycles and Corporate Finance engagements, transactions, conflicts of interests, suitability, payments, product lifecycle and GDPR controls
" Perform a combination of thematic, post-project implementation and periodic reviews with the support of the Compliance team
" Take the lead in pushing through the tracking and reporting of any findings and recommendations
" To assist in maintaining the Risk and Compliance Policies and Procedures on the intranet
" Investigate, eliminate or escalate alerts received from Compliance and financial crime risk management system such as LiquidMetrix
" Assist in investigating breaches and complaints and completing the breaches and complaints log including mitigating factors
" Assist in investigating suspicious behaviour, for example dealing activity reported by staff members, transactions alerted via the trade surveillance system or information requests received from Exchanges or Regulators
" Assist with the production of regular Compliance management information including the production of various reports providing findings and recommendations to the business
" Assist in the gathering and reporting of required regulatory information to the Regulator
" Undertake comprehensive daily monitoring checks using specified system reports to ensure that policies are being followed. For example monitoring:
i) Telephone calls
ii) Trading activity for matters such as insider dealing, market manipulation and best execution
iii) Staff personal account dealing
iv) Gifts and Hospitality
v) Transaction Reporting
vi) PA Dealing
vii) Position balances in accordance with disclosure and transparency rules and the city code on takeovers and mergers.
" Supporting the Chief Risk & Compliance Officer to ensure the efficient functioning of the department
NJR 13106
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