Manager, Risk Assurance - FTC 12 months

What’s the role?

To support the Director, Compliance Officer and MLRO in the definition and execution of an effective programme of risk assurance, to include the performance of risk-based thematic monitoring and the creation, maintenance and execution of ongoing monitoring activities within Gen II UK, in accordance with legal and regulatory obligations. The role holder will, with other members of the assurance team, complete ongoing regular testing on key areas identified as presenting risk to Gen II and provide detailed reporting on the results of the testing performed for discussion and analysis. In execution of responsibilities the role holder will liaise with the business at varying levels for efficient, complete and objective execution of testing assigned and as appropriate make recommendations for remediation.

What you’ll be doing

• Implement, lead and diligently execute a programme of testing within established and agreed timeframes.
• Work with stakeholders at all levels of the business to define a risk-based monitoring programme to include, but not limited to: (a) testing in compliance with Gen II Europe’s Policies and Procedures; and (b) Laws and Regulations to which Gen II’s business is subject.
• Manage other members of the team, to assist and support their completion of monitoring activities and other compliance related duties. Work with those individuals to support and facilitate wider performance, productivity and development.
• Complete relevant testing records for tests carried out presenting the results in an organised and detailed way.
• Evaluate testing carried out (applying a rating) and report to business management and other stakeholders to enable appropriate reporting of identified control deficiencies.
• Maintain accurate and up to date records of testing performed and develop results analysis/management information.
• Review the factors that will drive the execution of a risk-based thematic approach to monitoring and apply amendments where necessary.
• Liaise with business management on an ongoing basis, to provide updates on applicable monitoring and seek/obtain information that may impact ongoing monitoring activity.
• Drive the development and continual evolution of the Risk monitoring and testing programme, analysing testing performed and making recommendation for any changes / enhancements which may be appropriate in accordance with the risk-based approach.
• Where appropriate, making recommendations for the effective and timely resolutions of any deficiencies identified through the monitoring plan.
• Liaise and coordinate with other Risk Assurance employees in other jurisdictions to manage tests that have an impact beyond the UK programme.
• Work with the Compliance Officer and MLRO to ensure effective alignment of risk assurance programme with Senior Management Responsibilities.
• Assist with the preparation of reporting to Boards, Committees and Senior Management on Risk Assurance and testing, providing sufficient information on outcomes arising from the programme such that Boards, Committees, Senior Management and the Business are aware of their identified risks and agree remedial steps.
• Take responsibility for personal development, in line with agreed annual performance objectives
• Provide timely and appropriate reporting in relation to key risk information identified during testing (e.g. possible breaches, errors etc)
• Maintain or ensure that matters identified that represent a breach of procedures or regulation are recorded on appropriate registers.
• Identify policy and procedure changes identified through risk assurance activities and initiate review process through appropriate channels.
• Support the ongoing management of other relevant members of staff within Risk and Compliance where direct line management is from other offices.
• Support Ad hoc projects, as required.
• Assist with developing terms of reference for thematic reviews (targeted in-depth reviews on specific risk areas) as required.
• Provide support to the wider Risk team as required (e.g. assist with the clearing of activities, run and circulate reports required by the business, communications to all staff to read policies and procedures)
• Assist with the development and delivery of staff training, as required.
• To act in accordance with Gen II’s values

The ideal background for this role:

• Relevant recognised qualification, ideally with ICA or AML
• 5+ years’ relevant finance industry experience       
• 5+ years’ experience within compliance and risk with preferred experience in the ongoing management of monitoring activities

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 is dependent on the demands and needs of the business, the office space available and the individual’s preferences and circumstances.