To undertake second line of defence compliance monitoring for review of the effectiveness of the compliance controls in place in the business.
General
As Compliance Monitoring Officer you will be responsible for undertaking the risk based second line monitoring function.
Our client, a leading financial planning and wealth management firm are looking for a Compliance Monitoring Officer to join the function on a permanent basis.
The task at hand: You will be responsible for ensuring timely, accurate, high volume incentive payments to customers whilst reviewing and suggesting improvements to the current process.
Monitoring the compliance with policies, procedures and requirements, governing the implementing of the TPRM Framework and policies including ones relating to onboarding and offboarding, whilst also supporting the development of exit plans for the potential needs in cases of contract termination.
While in this position your duties may include but will not be limited to:.
Undertaking thorough risk assessments and checks on third-party vendors and suppliers and identifying potential data privacy, cybersecurity or financial health related risks and determine the impact of these risks on the business.