Core Compliance Manager

at  Close Brothers Group

OVERALL SUMMARY

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.
Join the Close Brothers Compliance Team where you will support Central Compliance with various matters such as Whistleblowing investigation and lead the firm’s ongoing SMCR operations and ensuring that Close Brothers remains regulatory compliant with the PRA and FCA expectations.
The successful candidate will coordinate with other central functions such as HR, Legal, CoSec, TPM, other compliance roles and dealing with SMCR compliance issues in line with respective activities to ensure SMCR compliance.

IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE/ARE:

• Relevant professional qualification preferred (e.g., CISI Global Financial Compliance qualification; IRM Certificate in Financial Services Risk Management)
  We are an inclusive organisation and committed to ensuring our recruitment process is as accessible as possible to everyone. We will make adjustments for people who have a disability or long-term condition. If you need the job description or application form in an alternative format or would like to discuss the recruitment process with us, please email us at recruit.ssc@closebrothers.com or request a call back.

ABOUT US

At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.
Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. At Close Brothers we provide financial support and advice to small businesses and individuals in the UK. Our purpose is to help the people and businesses of Britain thrive over the long term.
To find out more about Close Brothers, please visit our careers page: https://www.closebrothers.com/careers

The Compliance Manager will be responsible for leading the firm’s compliance on SMCR according to the regulatory requirements which include:

• Provision of advice on PRA and FCA rule and guidance interpretation relating to various matters in particular, SMCR, third party risk management and regulatory engagement.
• Keeping the Management Responsibilities Map up-to-date.
• Preparation of high-quality external documentation such as SMF applications for new candidates or existing SMF holders changing roles.
• Leading on internal documents such as Reasonable Steps and Handover Documents before they are sent to Senior Managers for review.
• Working with HR on the certified persons workflow including identification of certified persons, working with HR who are tracking F & P, this person will then be responsible for updating the Financial Services Register.
• Reviewing and updating SMCR training materials and delivery to different audiences.
• Challenging and updating the SMCR / Cosec / HR operating model and driving operational changes and improvements including control enhancements.
• Keeping abreast of regulatory and landscape change, and responsibility for assessing, analysing the impact, provision of guidance, interpretation and implementation of any new requirements, and embedding any regulatory change in the institution particularly regulatory change pertaining to SMCR.
• The provision of papers and data or MI to Committees or Fora owned by Compliance, including the Senior Manager and Certification Regime (SMCR) Oversight Committee, which reports to the CBL Board.

Developing Our People: as a line manager, you will be responsible for inspiring and motivating your team, as well as developing performance through coaching. You will encourage your team to take responsibility for their own personal development and provide support through regular feedback.