Regulatory Risk and Compliance officer

Job Description

The Regulatory Risk and Compliance Officer will support the smooth regulatory compliance of the company by managing all aspects of the Companys internal systems and controls and FCA record keeping requirements. This includes horizon scanning, compliancemonitoring, regulatory scanning, development of risk and regulatory frameworks and completing investigations and file reviews. The role is based in Liverpool and is available on a hyrbid working style.Client DetailsMy client is a Financial Services business located in Liverpool. They are looking for a Regulatory Risk and Compliance Officer to join their team as soon as possible.Description* Maintain the regulatory control framework and risk environment and ensure it is up to date* Keep abreast of changes in applicable laws and regulations and provide guidance to the Company on proposed regulatory changes* Complete regulatory horizon scanning and support the ongoing administration of the regulatory change model* Complete specified deep dive thematic monitoring assurance reviews and monitoring checks to identify areas of non-compliance and escalate to the Compliance Director for resolution via the Executive Committee.* Help the Operational teams develop, initiate, maintain, and revise existing policies and procedures to assure compliance with legal and regulatory obligations* Provision of advice and assistance to the Company on regulatory compliance* Assist with escalations for day-to-day operations in relation to anti-money laundering and terms of business compliance* Regularly monitor procedures and practices to assess the adequacy and effectiveness of internal systems of control and measures implemented by the Company from a second line risk and compliance perspective* Complete regulatory and statutory reporting and liaise with departments within the Company and third party service providers to ensure timely and accurate regulatory reporting* Maintain compliance registers as required by statutory and regulatory requirements*Review and evaluate relevant matters to ensure that compliance issues/concerns within the organisation are being appropriately evaluated, investigated and resolved* Collaborate and liaise with internal departments, regulators, authorities and external service providers to resolve legal and compliance issues* Identify potential areas of compliance vulnerability and risk; develop/implement corrective action plans for resolution of problematic issues, and provides general guidance on how to avoid or deal with similar situations in the future* Prepare reports on a regular basis, to the Executive and Risk and Compliance Director, on areas relating to risk and compliance* Deal with regulated complaints to a high standard and within regulatory timeframes* Deal with Ombudsmen to provide information to their complaints in a comprehensive and timely fashion* Coordinate information requests, including DSARs, where required* Assist in investigating suspicious behaviour, for example suspicious activity reported by staff members, transactions or introducers alerted via trade intelligence or information requests received from Regulators or OmbudsmenProfileThe Regulatory Risk and Compliance Officer will:

• Be from a Financial Services background
• Have good regulatory knowledge and a solid understanding of the FCA handbook
• Be from a regulatory and risk role previously

Job Offer£35,000 - £40,000 per annum.