The Legal Compliance Director will be responsible for strengthening, extending and sustaining a successful compliance program for the Real Time Payments business, ensuring the company meets its obligations under Part 5 of the Banking Act 2009. The role will provide guidance and direction to first line business units in order to identify and implement best practices through regular communications, training and monitoring activities. As part of the Compliance Department, the successful candidate will work cross-functionally with Legal, Regulatory Affairs, Risk, Human Resources, Finance, Public Policy, Privacy and Internal Audit. The post holder is accountable to the Vice President, Legal Team. Role responsibilities Develop, implement and extend compliance risk assessments, policies and procedures ensuring they are aligned with relevant legislation and industry guidance, including Bank of England ("BoE") expectations under Part 5 of the Banking Act Develop, implement and maintain a monitoring plan across relevant areas of the business to ensure oversight of and adherence to compliance policies, including BoE requirements Production of reporting summarising findings of compliance monitoring and provision of feedback and recommendations to relevant business areas Work with relevant business areas on implementation of recommendations and track resolution of any issues to completion Escalate issues including non-compliance or non-completion of actions as appropriate Production of management information for internal stakeholders, including senior management and Risk Committee Collation of information for annual Part 5 self-assessment report Manage external validations of Part 5 control framework and track completion of any findings arising Maintain accurate and complete records of relevant information, including reporting to the BoE and records relating to changes in relevant processes Assess the impact of changes to relevant regulations, industry guidance or BoE requirements on existing policies and procedures; communicate required changes to relevant business areas and ensure any necessary changes are implemented as required The role holder will be expected to stay up to date on applicable compliance regulations and best practice (including where relevant by undertaking relevant industry training) Essential skills Proven compliance experience in the financial services sector, including experience managing operational compliance programs In depth understanding of the role of regulation and supervision in the payments sector and the ability to translate regulatory and compliance requirements into controls and product designs Proven experience in a compliance / assurance role in particular demonstrable experience of implementing compliance processes and controls Proven experience of working in the payments industry with the ability to translate regulatory and compliance requirements into controls and product designs Educated to degree level
My client is a leading Financial Services firm based in Watford. They are looking for a Head of Credit Risk to be responsible for the risk management of the lending portfolio and the policies, processes and procedures associated with our lending activity. Role Outline Continued development of our Credit Risk function has reinforced the need for the next generation Head of Credit Risk, who will continue to develop the organisation's analytical and modelling capabilities, whilst protecting and improving asset quality. The successful candidate must have the ability to develop, communicate and implement commercial credit strategies which optimise the trade-off between revenue, margin gain and impairment whilst delivering positive customer outcomes. Candidate must: Have in-depth knowledge of best practice in credit risk management techniques in a sub-prime or near prime environment. Demonstrate success as a change agent in securing buy in to risk management strategic and tactical initiatives and policies. Have strong interpersonal skills that are commercially orientated with the ability to build key relationships at an enterprise and operational level. Be a self-starter who can make an early contribution which can then be sustained. Bring leadership qualities to the role and apply them within the business in meeting its core objectives. Provide innovative solutions that will help the business and function grow and develop. Duties and Responsibilities Develop and implement application, behavioral and loss forecasting statistical models that ensure the core financial and lending objectives of the organisation are met short and medium term. Develop commercial lending policies and strategies that optimise the revenue/debt trade off whilst delivering positive customer outcomes. Provide insight and regular reporting that underpins and protects scorecard and portfolio performance. Define and gain approval for appropriate revenue and capital budgets to ensure performance is subject to continuous improvement. Represent the company in credit risk related matters and secure and protect external relationships. Be aware of and follow the organisation's security policy and practices, implement a clear desk policy, report incidents, and keep passwords secret. Skills & Experience Proven skills and track record in credit risk management in a sub or near prime environment, preferably with a significant e-commerce component. Strong analytical skills - ability to interpret data and translate into insight and intelligence. Strong interpersonal skills - ability to sell and secure buy in and trust through periods of change at all management levels. Involved in major application and behavioral scoring and loss forecasting developments in consumer retail environments - with proven benefits. High energy, self-starter with strong leadership skills. Strong technical knowledge of decision support systems, modelling techniques and data management Degree level education in a numerate discipline.
The Client- My client is a leading professional services firm; they are recognised for their commitment to delivering an outstanding quality of client service, and enabling people to excel in everything they do. The role- The Corporate Finance Advisory (M&A) team provides corporates, private equity houses and other clients with a full suite of M&A services advising on acquisitions, divestments, joint ventures, buy-outs and licensing, a significant number of which are cross-border or international in nature. The team's expertise extends across the full range of sub-sectors including Chemicals, Industrial Products, PPP, Energy, Automotive and A&D. The team has enjoyed significant success and is seeking to expand with the recruitment of highly driven and motivated individuals at Assistant Director/experienced manager level. Responsibilities The role will have responsibility for: Working across the Industrials sub sectors on a range of buy-side and sell-side transactions Assisting with day to day management of transactions which includes preparation of information memoranda, management presentations, valuation analysis and taking responsibility for preparation of information and client communications Industry research for both deal origination and transaction analysis Valuation work and Financial modelling Contribution to marketing and business development opportunities To have a broader perspective of potential issues encountered when managing diverse teams and the strategies to overcome them; have a clear understanding of the firm's commitment to creating a more inclusive culture Requirements To qualify for the role you must have: ACA/CFA (or equivalent) qualification (not essential depending on other experience) Ideally some transactional experience gained on client engagements or on secondment Excellent numeracy skills with keen attention to detail and the ability to absorb and analyse large amounts of data quickly Client focus, with ability to work quickly and establish effective working relationships Enthusiasm for and ideally previous exposure to the Industrials sectors Excellent oral and written communication skills Logical and methodical approach to problem solving Project management and organisational skills Ability to undertake detailed financial/commercial analysis for inclusion in client reports The self-confidence/appetite to be involved in business development activities Ability to develop, coach and motivate junior members of the team
133 Oldham St, Manchester M4 1LN, UK
Our client is a long standing and entrepreneurially led financial services business. An exciting role currently exists for an individual to act as first point of contact on matters of risk, control, issues management and change. They will also take the lead on the reporting and analysis regarding risk and other issues across the businesses, providing independent assurance on business unit activities. The role: Providing independent assurance on business unit activities. Partnering with core Business Area Management to provide advice and guidance on Risk Management in both existing and developing processes and systems; and in support of their accountability for Operational and Conduct Risk Management Implementation of a programme of on-going support and guidance to the Senior Management Team in respect of their understanding of and adherence to, the Group Risk Management Framework to deliver fair customer outcomes Monitoring risk information provided from risk and control data and from Business Areas, challenging the adequacy and completeness of the information generated, driving recommendations for improvement and obtaining management agreement to their implementation Ensure issues are reported and associated actions are owned, actioned and documented in a timely manner Developing and maintaining a detailed understanding of the business unit's strategies, tactical plans and performance to ensure all risk impacts are identified, assessed, and mitigated in line with the business unit's and groups overall risk appetite Ensure an effective risk assessment and reporting framework is in place to facilitate proactive management of business risks and the reporting, escalation and resolution of issues identified. Ensuring the governance framework is maintained within business units Providing expert risk advice, guidance and practical support on the interpretation and implementation of the Risk Framework in conjunction with Group Risk. Representative for Risk and quorum member at business unit operational, governance committees; providing a robust and proportionate review and challenge of information presented, ensuring potential impacts to the risk profile of the business unit and wider are considered and mitigated. Driving and embedding an effective risk management culture within the business units supporting the achievement of overarching risk culture objectives. Overseeing the design and delivery of risk management training tailored for all employee levels to support the success of the risk framework in conjunction with Group risk. Leading, motivating, coaching and developing direct reports to maximize capabilities and potential; ensuring regular quality performance reviews are undertaken and any performance issues are addressed. Leading the QA team to provide independent assurance that the business is providing effective, accurate and timely service through the delivery of customer centric QA and thematic reviews Implementing and driving a process management function to monitor and challenge the processes and process documentation used within the operation Managing and delivering effective policy management to build an appropriate policy framework within the business Key Requirements: Extensive experience in Operational Risk gained within Financial Services Proven experience in managing people Able to run meetings and work with business teams effectively Capable of challenging views and opinions Proven experience in producing senior management reports and delivering information to stakeholders. Salary range is broad as my client is keen to consider individuals at varying levels of experience. It will however be commensurate with experience and reflect the significance of the role.
Our client is a major national residential developer, a leading player in the industry who are experiencing substantial growth. This Client does not provide sponsorship. The role- They are seeking to recruit a candidate of suitable calibre to assume the position of Financial Controller for one of their largest and most profitable operating divisions. Working closely with the Finance Director to ensure support and consistency across the businesses within the Region your responsibilities will include Oversee the financial analysis of monthly/weekly management information in line with agreed timescales and content. Significant involvement with the budgeting and forecasting process for the region including detailed reviews with members of the Regional and Divisional board of directors Extensive liaison with the Divisional Financial Directors across the Region. Involvement with other Divisional Directors as needed Monitor Regional performance against budgets and forecasts Preparation of budgets, forecasts and business plans and continued monitoring & review of performance against them to enable robust reporting of variances to Regional and senior management. Attendance at divisional site valuation meetings as cover for RFD as and when needed Assist in the review of land investment appraisal packs prior to submission to Group Liaising with Group to deal with various ad hoc information requests Working closely with senior Directors on various ad hoc projects across the business as required Key Requirements: Professionally qualified Chartered Accountant Strong interpersonal skills, with an ability to work and communicate with colleagues from outside of the finance team and at different levels of experience Ability to identify better or more efficient ways to do the job, and to challenge the way things have been done in the past Ability to work in a tight deadline driven environment and to manage multiple priorities (either as part of or with a plc or large group company) Integrity and a desire to do the right thing Experience of Construction industry / Property development and Joint venture accounting would be advantageous.
Our client is an award-winning investment management and financial planning business with a strong reputation across the UK. Due to ongoing structural growth, the business is looking to recruit an experienced Compliance specialist to provide regulatory oversight for the firm's Investment & Fund Management part of the business. The Role Act as a first point of contact for the investment management business, acting as an ambassador to promote compliance awareness and good practice Provide advice and assistance as requested, providing compliant pragmatic solutions Assist the investment management business to manage regulatory risk, including risk identification, assessment, mitigation and control. Production of accurate and timely monthly reports regarding activity and issues arising for the Chief Risk Officer report and other quarterly reports such as the Risk and Audit Committee papers Help implement group projects, working closely with different departments to ensure compliance with operating and compliance procedures Attend and support investment management meetings, including asset allocation and fund governance meetings, and relevant investment operations meetings Work collaboratively with team members to ensure all issues identified through monitoring, complaints and changes to regulations are appropriately addressed, providing or assisting in delivery of training as necessary In conjunction with other team members, work with the investment management central support team on proposition and standards, fact finds, investment profile reports etc. As a senior member of the team, support the whole of the Risk and Compliance function to be successful Key Requirements Relevant Compliance experience gained within an Investment Management or Fund Management environment Compliance exposure to different types of funds (UCITS; NURS; AIF) and discretionary portfolio management Excellent knowledge of FCA Rules in particular SYSC, CASS, COBS, CIS, FUND and AIFMD Excellent written and verbal communication skills including the ability to influence at all levels with good judgement and decision-making skills Able to demonstrate significant experience in interpreting, understanding and applying the FCA rules to achieve business focused and commercial outcomes. Must be able to demonstrate significant technical experience of delivering wide-ranging regulatory guidance and solutions in a commercial environment Ability to deliver training Strong analytical and numerical skills Qualifications: Degree holder preferable; IMC/CFA, CISI Compliance Diploma