Technical Compliance Assurance Manager

IDEX Consulting Ltd
55000.00 GBP Annual + 00
25 Jan 2019
22 Feb 2019
Job Type
Contract Type

Award winning assurance firm currently on the look out for a strong Assurance Manager to work within the established team.

  • Undertake allocated compliance assurance reviews in line with the agreed monitoring plan. To provide independent assurance to the board over the compliance of the business with regulatory and legislative requirements inclusive of FCA and Data Protection Act principles. Provide specialist assurance on regulatory risks relating to asset management to ensure policyholder funds are managed appropriately and in line with regulatory requirements
  • Support the Senior Compliance Manager in the oversight of external Asset Managers
  • Draft terms of reference documents for allocated reviews
  • Validate the adequacy, effectiveness and operation of procedures and controls in respect of Asset Managers that minimise and mitigate regulatory risks to ensure compliance with applicable regulations, within the risk appetite set by the Board and that processes adhere to the conduct principles of the company
  • Undertake close out meetings with key stakeholders to clarify and agree findings
  • Draft and present assurance reports that objectively and accurately summarise findings, formulate recommendations and agree management responses and timescales which address the root cause and are proportionate to the risks identified
  • Decide on the overall review rating and findings importance ratings within the agreed rating format and present to key stakeholders
  • Monitor and track completion of actions, review evidence and confirm completion
  • Contribute to the content of the risk universe and preparation of a risk based assurance plan, with a particular focus on risks relating to non-profit, with-profits and linked asset oversight

  • Working knowledge of Microsoft Word, Access, PowerPoint and Excel
  • Effective communicator
  • Able to work on own initiative with limited supervision
  • Able to assess risk and determine priorities
  • Competent in data analysis and ability to identify trends and forward looking risks
  • Eye for detail
  • Capable of managing potential conflicts of interest
  • Good time management, flexible and able to work under pressure
  • Able to identify the significance of findings and recommend reporting to correct level
  • Able to collaborate effectively cross functionally
  • Problem solving and creative thinking
  • Good understanding of asset management, including investment types, fund structures, mandates, processes and oversight arrangements
  • Good knowledge of FCA rules, conduct risk and regulations applicable to the reassure companies. Particularly with regard to asset management relevant requirements including COBS 21 and MiFID
  • An understanding of auditing and/or compliance monitoring techniques
  • Good understanding of the compliance and operational processes of reassure entities
  • Good understanding of life assurance and/or broader financial services industry
  • For successful applicants without an appropriate qualification

Please visit the IDEX Consulting Ltd website for further opportunities. If your application is successful, we aim to contact you to discuss the opportunity in more detail within 2 working days. Due to the overwhelming application response we receive through various sources, should you not hear from us within one week then please assume your application has been unsuccessful. If your application is unsuccessful, the information supplied may still be retained for up to 3 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy.