Client

MERJE are currently representing a large global investment house in the search for a Compliance Monitoring specialist. Our client is highly reputable Asset Manager with a focus on emerging-market equities, multi-asset strategies, absolute return investing and global bonds.

The Role:

The key objective of the role is to provide assurance that regulatory risk is being adequately managed within the business and the individual will be a part of a team of 3 supporting the Head of Compliance Monitoring.

You will be responsible for:

• Assisting with the execution of the compliance monitoring plan to include:
  • Planning monitoring assignments and executing them in a timely manner in line with the agreed monitoring plan
  • Conducting the pre-scoping exercise for each monitoring review (including meeting with key stakeholders), documenting the scope
  • Conducting all field work, evaluating risk and processes and procedures, documenting all testing and sampling.
  • Compiling and organising all review documentation and testing output to ensure a clear audit trail
  • Drafting reports and agreeing issues with stakeholders

• Contributing to the Compliance Department's assessment of the regulatory risks faced by the business
• Involvement in ad hoc Compliance projects and tasks as appropriate
• Representing the monitoring team at governance committees and forums as required and/or preparing monitoring MI

Requirements:

• 3-4 years of relevant 2nd line risk based / thematic monitoring experience
• Ideally worked in an Asset or Investment Management environment
• Experience of applying monitoring methodologies / audit methodology within financial organisations
• Demonstrate understanding of the 2nd line of defence and of Compliance review work in general
• Good level of knowledge of UK regulatory requirements essential, covering topics such as Market Abuse, Conflicts of Interest, TCF, Dealing and Managing, Best Execution, Financial Promotions
• Able to build and maintain relationships with key business stakeholders of all levels
• Well organised self-starter, able to prioritise quickly and adapt to tight timeframes and meet deadlines
• Able to walk through processes and procedures and detect possible control weaknesses to target testing appropriately