R&C Monitoring & Oversight Consultant

at  ABRDN PLC

QUALIFICATIONS

• Degree qualified or equivalent professional experience.

KEY KNOWLEDGE, SKILLS & EXPERIENCE

• Previous practical experience (7+ years) in a Compliance advisory / M&O role, with relevant qualifications or training being an advantage.
• Effective team player to support the wider M&O function
• Good knowledge of the investment management life cycle and experience of analysing and assessing associated risks and controls an advantage.
• Thorough understanding of internal control concepts and methodology with the ability to evaluate and determine the adequacy and effectiveness of controls.
• Proven experience in working effectively in a matrix organisation with the ability to participate in multiple projects / reviews concurrently.
• Effective verbal and written communication skills with the ability to present complex and sensitive issues to senior management.
• Ability to influence and impact change.
• Proven ability to be able to complete project / assignments on-time and adjust to changing priorities.
• Experience in automation / data analytics (preferred)
• In depth knowledge of MS Office suite of applications.
• Commitment to working flexibly working with colleagues in European time zones.

IF YOU NEED ASSISTANCE OR AN ADJUSTMENT DUE TO A DISABILITY PLEASE LET US KNOW AS PART OF YOUR APPLICATION AND WE WILL ASSIST.

Job ID R0071832

OVERVIEW OF ROLE

The role-holder will be a member of abrdn’s Monitoring & Oversight (M&O) unit which sits within the Risk and Compliance function. The M&O unit has responsibility for delivering a programme of reviews of regulatory compliance and control in various aspects of abrdn’s business functions and to recommend actions for improvement. In addition to conducting various reviews as part of the M&O programme, the role-holder will also support the ongoing evolution of review methodologies, including the use of technology and data to build insight about the business’ compliance and control standards.

RESPONSIBLE FOR

• Providing input into the development of a group-wide Monitoring & Oversight Plan based on reasoned risk-based prioritisation criteria. This includes building a wide variety of hard and soft information sources so as to be able to form a view of key compliance and control issues that may warrant attention.
• Supporting the delivery of the Risk & Compliance Monitoring & Oversight Plan. This includes: (a) drafting the terms of reference of specific reviews, (b) liaising with various stakeholders at all stages of the review process, (c) conducting the necessary review field work using a variety of information gathering techniques, such as (i) interviews, (ii) walk-throughs, (iii) workshops, (iv) documentation studies, (v) test-scripts, (vi) analysis of structured and unstructured data (d) documentation of testing results and (e) drafting of issues, action plans and reports
• Managing the delivery of special investigations / reviews that may arise from time to time.
• Responsible for working with the business to frame and design appropriate actions that address areas where compliance and control issues have been identified for remediation.
• Ensuring that such actions are tracked through to completion and associated reporting.
• Support the production, maintenance and documentation of review and testing procedures and methodologies.
• Support the production of other ad-hoc reporting or management information requests.
• Production and presentation of written reports that clearly and concisely explain the M&O reviews that have been undertaken, including the testing, the key findings and the recommended actions.