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.