What’s the role?
To join the Southampton Compliance Operations Team in the execution of various compliance functions, operating as the centre of excellence for our compliance operations in Europe. The role holder will be responsible for the execution of our compliance tasks, including managing their timely completion of deliverables, stakeholder communications, progress tracking, etc. Our compliance remits will include executing efficient Compliance Monitoring Programme (“CMP”) testing for several jurisdictions; and assisting in the globalization and design of the CMP test scripts, risk assessments, and testing frequency in accordance with legal and regulatory obligations. The role holder will also be responsible for assisting in the enhancement of policies, procedures, and standards of practice for our European jurisdictions; assisting the Financial Crime Team in required activities; and manage on-going ad-hoc requests from the business and jurisdictional Compliance teams.
What you’ll be doing
- Work with our Heads of Compliance in Europe to enhance policies, procedures, and standards of practice for our European jurisdictions.
- Work with our team to develop a Compliance Monitoring Programme which will apply to Guernsey, in accordance with Guernsey’s regulatory and business requirements as well as our global objectives.
- Work with colleagues within the Southampton Compliance Operations Team to provide data analysis of CMP testing observations, error frequency, and risk ratings for jurisdictional reporting.
- Liaise with jurisdictional Compliance Monitoring teams to manage ongoing compliance activities such as register maintenance, thematic reviews, and policy and procedure maintenance.
- Assist the Risk and Control Operations Leader with designing global compliance operations processes.
- Provide training and development opportunities to junior staff.
- Grow regulatory knowledge and compliance requirements from working with colleagues.
- Prepare of monthly Executive reporting and quarterly board reports.
- Conduct ongoing reviews of current and upcoming regulatory updates for application to compliance activities across our European jurisdictions.
- Support ad hoc projects, as required.
The ideal background for this role:
- Studying for or a willingness to study for the ICA Diploma
- Strong academic background
- Minimum of 2 years’ relevant compliance experience, preferably within a fund administration environment.
- Understanding and knowledge of finance industry and regulatory requirements in the UK preferred. Knowledge of other jurisdictions (Guernsey, Luxembourg, Ireland, and/or Jersey) is also considered as an asset.
- Ability to deal with different levels of stakeholders
- Strong time management skills and ability to juggle competing priorities.
- Strong proficiency in Microsoft Office
- Strong communication skills – written and verbal English
- Passion for the industry and an eagerness to learn.
Role Location/Hybrid Schedule
This role is based in our Southampton office. Although the nature of most of the roles within Gen II cannot be classed as totally flexible, there is scope in some cases for a form of Agile Working. The different ways in which Agile Working can be undertaken are dependent on the demands and needs of the business, the office space available and the individual’s preferences and circumstances.
