Monitoring and Assurance Manager

Monitoring and Assurance Manager


Roles and responsibilities:

• Lead in embedding the Compliance, Conduct and Regulatory Risk framework, tools and mechanisms to be deployed in supporting effective regulatory compliance.
• Complete monitoring reviews in line with the monitoring schedule.
• Evaluate the adequacy and effectiveness of internal regulatory risk controls and recommend improvements to the business, including identification of potential risks or gaps.
• Assist in the design and operation of all aspects of the Compliance Monitoring plans in line with regulatory and company specific requirements.
• Follow up on non-conformities through to resolution, including a robust escalation process for highlighting and managing non-adherence via the Senior Management Team
• Support the identification of potential or actual conduct and compliance risks and ensure appropriate escalation, remediation, and mitigation to manage risks back within appetite
• Assist in identifying, analyzing, and monitoring regulatory change that could impact the firm and its clients
• Promote a culture of Conduct and Regulatory awareness throughout and supporting services

Competency and skills:

• Strong experience in a compliance, conduct or risk management role, with the ability to manage and influence business stakeholders.
• Experience of the regulatory environment and frameworks, with a particular background in Life & Pensions business and/or pure protection.
• A good knowledge and understanding of relevant regulations and conduct risk management principles
• Good knowledge and understanding of the Risk operating environment, associated policies, procedures, and protocols
• Strong written communication skills required to produce detailed reports
• Strong interpersonal, communication and influencing skills
• Ability to build constructive relationships with client and risk colleagues
• Attendance and contribution to relevant risk and compliance committee and forums
• Ability to devise and present solutions to identified regulatory issues
• Ability to identify and investigate areas of potential regulatory risk
• Proven organizational and planning skills

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