Description

To lead, undertake and oversee all compliance monitoring activity, ensuring issues and risks of a compliance and regulatory nature are appropriately managed. Ensure compliance maintains a culture of high-quality customer care and compliance support to the business within agreed regulatory control frameworks.

Key Responsibilities

• Develop a thorough understanding of the business and regulatory landscape the business operates within.

• Ensures the firm adheres to regulatory requirements and internal policies by developing a monitoring programme and conducting risk assessments.

• Undertake regular monitoring reviews to identify potential violations and areas of non-compliance.

• Ensure there are effective compliance policies, procedures and controls are in place in line with Ascot Lloyd's regulatory obligations and expectations, including but not limited the requirements if MiFID, GDPR, SMCR, RDR, AMLD, etc.

• Identify, monitor and where appropriate provide challenges on compliance or regulatory issues that may arise within the Ascot Lloyd business.

• Develop a good understanding of the business, identify ways of improving upon practices with compliance to help deliver a service above basic regulatory and legislative requirements that enhance growth and success.

• Support delivery of the business acquisition strategy and ensure compliance is represented on all acquisition projects.

• Ensure compliance risks are appropriately identified and managed effectively, providing direction on corrective measures to the compliance advisory team and business alike so that these risks remain within acceptable and agreed parameters.

• Produce and present compliance monitoring reports to various boards and committees within the Ascot Lloyd group.

• Promote a good risk and compliance culture at Ascot Lloyd.

• Encourage good risk management processes. Fostering a risk-aware culture acting as a business enabler through which management feels empowered to take risks in a manner that is transparent and that is in line with the business and risk strategy

SM&CR Responsibilities

As an FCA regulated Company, Ascot Lloyd are required to adhere to the Senior Managers and Certification Regime (SM&CR), to develop a culture where employees take personal responsibility for their own actions.

Individual Conduct Rules

1. You must act with integrity

1. You must act with due care, skill and diligence

1. You must be open and co-operative with the FCA, PRA and other regulators

1. You must pay due regard to the interests of customers and treat them fairly

1. You must observe proper standards of market conduct

1. You must act to deliver good outcomes for clients

Experience / Skills Required

• Significant experience of working in compliance and understanding of the FCA rules

• Confident guiding senior executives on compliance matters

• Able to train and support Ascot Lloyd employees

• Confident solving complex compliance related problems

• Experience of improving processes to ensure the company is compliant and performing effectively

• Proficient in MS Word, Outlook, PowerPoint and Excel

• Good communicator, both written and verbal

• Keen eye for detail and accuracy