*** Please note that this is an onsite role and you will be required to be in the London office 5 days per week ***
The Policy Specialist is required to support the enhancement of key Group policies, ensuring that policies are clear, principles based and reflect minimum standards that should be applied across the Group. This role will be required to work with relevant stakeholders in all regions to revise, refine, and/or create the required group policy documentation.
Responsibilities:
- To draft new policies or amendments to existing group policies that will be subject to an agreed approval process. Policies will need to meet a defined standard, and there may be an opportunity to review and enhance this policy standard.
- To work with Compliance/ Legal/ Control function teams across all regions to identify the regulation/ legislation that needs to be taken into account in the minimum standards and/or to identify the regional variations to group policies. Some independent research may be required.
- To prioritise policy revisions taking into account review cycles, audit issues or other prioritisation factors and that this prioritisation is agreed with Head of Operational Risk and Regional Heads of Compliance
- To project manage the enhancement of the entire suite of Group policies and to keep all relevant stakeholders informed on the progress
- To draft appropriate appendices to the policies that reflect the regional regulatory (high-level) requirements and the local variations to the group policy
- To capture, where possible, known gaps in policy principles compared to actual practice (gap analysis), so that a remediation plan can be put in place.
- To identify where there are policies missing
- To work with regional teams to manage the retirement of local policies, where appropriate
Key objectives:
- Policies are principles based, reflecting minimum standard across the group
- Policies are benchmarked against industry standards and best practices
- Policies have appendices that reflect regulatory expectations by region and therefore deviations to group principles
- Policies are aligned with the Group's strategic goals, objectives and operational needs
- Policies identify key control requirements that can be aligned to RACAs and Controls inventory
- Policies have clear ownership, that is appropriate for 3 lines model, and aligned to agreed Principal Risk ownership
- Policies are clear on the risks that they are intended to manage, and align to Risk Taxonomy
- Policies are clear on escalation paths, governance and oversight requirements
Requirements:
- University or college degree or equivalent work experience
- Expert experience with drafting policies; great command of the English language
- Ability to absorb complex information and present it to employees at all levels of an organisation in a clear and accessible way
- Strong stakeholder management, including the ability to understand diverse perspectives and to be able to successfully influence
- Strong organisational skills with the ability to perform comfortably in a fast-paced, deadline-oriented work environment
- Possessing initiative, critical thinking, and problem-solving skills
- Proficiency in MS Office Suite, including Word and Excel, PPT, SharePoint.
- Compliance experience (Desired)
- Knowledge of UK and European financial services regulations (Desired).
CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability, or age.