AR Regime Consultant

at  Openwork

THE OPPORTUNITY

Responsible for the control, monitoring, analysis of data and oversight arrangements of AR’s and completion of the Annual Self-Assessment demonstrating compliance with SUP12.

KEY ACCOUNTABILITIES:

• Responsible for embedding of an effective, robust, and consistent AR Regime frameworks, processes and governance which underpin the AR Regime.
• Research, review, and analyse the effectiveness of existing requirements, gathering processes and develop strategies for enhancing of further leveraging these processes.
• Undertakes a variety of monitoring and assurance activities including compliance-based audits and risk assessments focused on systems and controls.
• Proactively identifies and reports any quality, trends, themes, emerging risks, and behavioural indicators, escalating effectively and making suggestions for action, and implementing solutions.
• Pro-actively considers impact of regulatory change and ensure risks are effectively escalated.
• Identify and develop strong relationships with key contacts across the partnership (both internally and externally)
• Documented processes, procedures and guides are kept up to date to reflect any changes.
• Recognise issues and take appropriate action to resolve and move forward to resolution.
• Identify reoccurring trends or issues and escalate with recommendations.
• Use initiative to identify, propose solutions and make changes to processes / procedures / standards to drive continuous improvement.

QUALIFICATIONS/ EXPERIENCE:

• At least 3 years operational compliance experience in financial services industry, preferably including audit experience.
• Level 4 qualified or actively working towards

KNOWLEDGE:

• Maintains an up-to-date knowledge of the regulatory landscape and emerging industry risks.
• Good knowledge of regulatory framework
• Good understanding of the Financial Services Industry and COBs regulatory framework and requirements, including Financial Conduct Authority, TCF, Data Protection, Anti Money Laundering and Vulnerable Customer principles
• Good understanding of market, risk, and business awareness
• Familiar with The Openwork Partnership adviser and network business model and/or other AR networks
• Strong IT skills, with working knowledge of MS Office, in particular Word, Excel, PowerPoint, and Outlook

SKILLS AND COMPETENCIES:

• Ability to lead and implement change.
• Excellent communication, influencing, facilitation and negotiating skills.
• Strong project and planning skills and able to co-ordinate cross departmental issues/projects across multiple stakeholders to achieve an effective outcome.
• Problem Solving, interpretation, decision making and judgement skills.
• Excellent planning and organising skills.
• Is tenacious but able to build and maintain effective relationships.
• Demonstrates right minded thinking - does what is right not what is easy.

Please refer the Job description for details