A fantastic opportunity has arisen for a Regulatory Development Manager with a wealth and investment manager. Your role will be the first line of defense for identifying emerging regulatory developments.
As a member of our central compliance team (and reporting directly to our Deputy Head of Compliance); your role will be to ensure we operate an effective process for regulatory development tracking and assessment; and taking an active role in the production and delivery of a group wide policy framework including the drafting and implementation of policies e.g. personal account dealing, gifts and hospitality, conflicts of interest.
Key to this role will be your ability to conduct Initial assessments on regulatory developments to determine whether or not they will affect the UK businesses; produce high-level, tailored written summaries of regulatory developments to the businesses; documenting the initial impact assessment and sharing these with the relevant Advisory Compliance teams and other business areas as necessary; and co-ordinate and assist with the implementation of group-wide regulatory changes
You will also become involved with assisting with complex FCA/PRA approved person applications and some financial promotion sign offs that sit with central compliance’s remit.
Successful candidates are likely to demonstrate the following:
- Proven experience in a role involving assessing and implementing regulatory developments in a financial services environment and managing these to implementation: e.g. DFM, Asset management, IFA, broking, Life and Pensions (or a combination);
- Extensive experience of creating, maintaining and implementing compliance policies and procedures;
- Conversant with the FCA Rules and associated guidance, EU Directives/Regulations affecting the financial services industry; SIMF/SMCR knowledge desirable;
- Familiarity with 2 or more areas from approved person applications, gifts and hospitality, financial promotions and PAD.