Compliance Monitoring Manager

Compliance Monitoring Manager Job Description Template

Our company is looking for a Compliance Monitoring Manager to join our team.

Responsibilities:

  • Promoting information security in your department;
  • Monitoring workplace practice in line with policies and procedures and deal firmly with any instances of non-compliance;
  • Completing audits objectively and based on evidence; to present findings and decisions clearly;
  • Conducting compliance monitoring activity as per the company annual Compliance Monitoring plan;
  • Undertaking projects as and when required;
  • Producing internal reports and other documentation as required, focused on the needs of the business;
  • Responsible for the creation of scoping documents, areas of focus and key conduct risks to be reviewed;
  • Produce internal reports on compliance;
  • Monitor workplace practice in line with these policies and procedures and deal firmly with any instances of non-compliance;
  • Encourage best practice by ensuring staff comply with the information security principles, policies and procedures;
  • To conduct compliance monitoring activity.

Requirements:

  • Ability to complete audits objectively and based on evidence;
  • Broad understanding of FCA rules and regulatory requirements;
  • Awareness of financial crime & money laundering risks;
  • Proactively develop and maintain relevant technical knowledge (regulatory and industry issues);
  • Good understanding of COB, MCOB & ICOB rules;
  • Good understanding of T&C requirements;
  • Oversight and challenge MPS systems and controls to ensure they are fit for purpose and mitigate compliance and conduct risk;
  • Work with Business Areas to ensure that deadlines are understood for business and legislative and/or regulatory reporting obligations;
  • Implement and maintain the MPS Group Compliance Monitoring Plan to deliver compliance with business and legislative and/or regulatory requirements;
  • Maintain records to satisfy evidential requirements of compliance, including financial crime;
  • Regularly monitor business areas systems and controls to ensure policies and processes are being adhered to and to identify any areas of weakness;
  • Assist in the creation of an environment where all colleagues recognise the importance of identifying and managing compliance and conduct risk.