Complinet | Recruitment | Jobhttp://www.complinet.com/recruitmentjobs/job/details/id/1176735 - 45 Yearly Benfits | Location: City of London | Sector: Compliance & Regulation | Published: March 11th 2010 | My Client is a large Investment management compnay who are looking to expand their Compliance and Risk Assurance team and recruit a Compliance Monitoring Analyst <br/>Risk Assurance's primary role is to monitor and provide comfort to Senior Management (and appropriate boards and committees) that risks are being effectively managed and that the business is compliant with relevant regulation. <br/> <br/>The role of Compliance Monitoring Analyst will be supervised by the Head of Risk Assurance and consists primarily of assisting in undertaking the risk-based compliance monitoring programme but will also include other risk monitoring and general compliance tasks as required. <br/> <br/>The responsibilities of Compliance monitoring analyst will be: <br/> <br/> <br/> -Undertake regular compliance monitoring, covering all aspects of operations including outsourced activities, in accordance with risk based monitoring plan. <br/> -Assist in developing, maintaining and implementing the compliance monitoring plan and programme. <br/> -Analyse, monitor, report on the compliance with regulatory requirements of the Firm's processes and controls Identify risks arising from inadequate or poorly executed procedures. <br/> -Produce and assess key indicators of regulatory compliance and potential risks. <br/> -Contribute to delivery of timely and accurate regulatory and client driven reporting obligations. <br/> -Work in partnership with and provide 1st line support, dealing with and/or co-ordinating general and ad hoc regulatory issues. <br/> -Assist in building, maintaining and developing relationships with regulators, depository, trustee and other statutory bodies. <br/> -Participate and share in the team's research workload with specific regard to any regulatory and business developments, and advise accordingly. <br/> -Undertake special project work as required and deal with ad hoc requests from clients and staff on compliance related issues. <br/> -Escalate monitoring queries to internal clients i.e. line management, fund managers, client directors, operations staff, Depositary or system support as appropriate. <br/> -Maintain Breach & Error Registers, provide Management Information, Training & Competence and other general compliance tasks. <br/> <br/>The role of Compliance Monitoring Analyst will require a proven track record of Compliance/Risk experience within an Investment Management business with exposure to both retail and institutional clients. <br/>A knowledge of FSA regulatory environment, with particular regard to the Conduct of Business, COLL and SYSC rules and their application within an investment management company. Ideally you will be have FSA recognised examination (IAQ/IMC) or willingness to obtain a qualification within 2 years and possess a Good understanding of investment products (specifically: Money Markets, Fixed Income, Equities and Derivatives). You will be able to and continue to be able to demonstrate continuing competence in accordance with the FSA's Training & Competence regime. <br/> Finally you should have a good understanding of investment management industry as a whole with specific regard to standard controls and processes around stop and restricted lists, Personal Account Dealing, Training & Competence and Approved persons. <br/>If you are interested in being submitted for the role of Compliance Monitoring Analyst, please apply via the website. <br/> <br/> <br/>Joslin Rowe - Winner of 4 UK Recruiter Awards including Best Accountancy/Financial Recruitment Firm and Best Office Support Agency. <br/>Joslin Rowe is a Randstad company. Joslin Rowe Temporaries Ltd encourages applications from individuals from all backgrounds but candidates must be able to demonstrate their ability to work in the UK. Joslin Rowe Temporaries Ltd is acting as an Employment Agency in relation to this vacancy.