Head of Group Compliance Monitoring

THE COMPANY:

Our client is an expanding wealth management firm, offering a broad range of services across financial planning, investment management through to settlement and custody services.

THE RESPONSIBILITIES:

• Develop, implement, and oversee a robust compliance monitoring framework for all business areas within the Business, including financial planning, asset/fund management, and custodial services.
• Lead and manage a team of compliance monitoring personnel, ensuring efficient and effective delivery of compliance oversight.
• Monitor and assess compliance with relevant financial regulations, industry standards, and internal policies and procedures.
• Collaborate with senior leadership across the business to identify emerging risks, provide strategic advice, and ensure that regulatory requirements are met in all areas of the firm.
• Conduct regular sector and pillar specific compliance reviews and audits, ensuring any compliance breaches or deficiencies are promptly identified, documented, and mitigated.
• Develop and maintain compliance reporting tools, dashboards, and other mechanisms to ensure transparency and accountability.
• Provide guidance and training to business units on compliance matters, ensuring employees are well-versed in regulatory expectations and company policies.
• Liaise with regulators and external auditors as necessary and coordinate responses to any regulatory inquiries or investigations.

EXPERIENCE REQUIRED:

• Proven experience in a compliance monitoring role within wealth management, financial planning, or fund management sectors.
• Experience managing and leading a team of compliance professionals.
• Strong understanding of financial regulations and compliance requirements, including, but not limited to, client money protections, anti-money laundering (AML), and conduct of business rules.
• Experience in custodial and clearing services is beneficial but not essential.
• Strong problem-solving skills, with the ability to adapt to a fast-paced, dynamic environment.
• Exceptional attention to detail, with a methodical approach to risk assessment and compliance oversight.
• Excellent communication skills, with the ability to collaborate effectively with senior management, regulators, and other key stakeholders.

For further information please contact Duncan Jeffery