Head of Compliance Monitoring

Now is an exciting and transformative time for us here at Succession as we prepare our business for a phase of planned strategic growth. All across Succession our teams are working on projects to transform processes and put in place structures that will support our growth strategy. The Opportunity… In this Head of Compliance Monitoring role, reporting directly into the Chief Risk Officer, you will be responsible for establishing and maintaining Succession's compliance monitoring methodologies and plans and ensuring compliance monitoring reviews are undertaken in accordance with those plans. Key focus areas will include:

• Develop appropriate Compliance Monitoring methodologies, procedures and templates
• Prepare the annual risk based Compliance Monitoring plan and together with the CRO, present this to ExCo and the Board as required
• Undertake monitoring reviews in accordance with the plan, ensuring timely delivery, and preparing clear and concise reports highlighting key findings
• Establish collaborative working relationships with ExCo members and other colleagues across the business to ensure the effective conduct of reviews
• Clearly communicate findings, and work with colleagues to agree actions to mitigate or avoid risks outside the Group's risk appetite
• Undertake special reviews and investigations, as agreed with the CRO
• Lead a team of 1-2 Compliance Monitoring Managers, helping them to develop in their roles and ensuring the quality and timeliness of delivery
  
  To be successful in this role you will need to have experience gained within a Compliance Monitoring role within the wealth management industry.
You will also need experience of manging other staff and of developing and implementing a compliance monitoring plan. The essentials you will need…
• A good understanding of FCA requirements
• Adept at managing competing priorities in a fast-paced environment with excellent time management and organisation skills
• Strong interpersonal skills and skilled at communicating assurance, compliance and regulatory concepts and issues clearly and succinctly to key stakeholders, both verbally and in writing
• Able to identify issues, suggest solutions and recognise alternatives to problems as they arise
• A highly credible individual who is capable of dealing effectively with all levels of management, including presenting to the Executive Committee, Boards and Committees where required
• Excellent report writing skills, including the ability to be clear and concise in distilling and articulating findings and recommendations from monitoring and assurance reviews
  
  Succession Wealth are one of the UK's leading Financial Advisory firms and a wholly owned subsidiary of Aviva. Our Wealth Advisors and support teams provide a high quality, holistic financial advice service, helping clients from all walks of life to achieve their financial goals.
  
  Highly competitive Basic salary + excellent benefits package, A highly competitive basic salary, annual pay reviews and performance linked increases as well as a fantastic range of benefits including:
• 25 days Annual leave rapidly increasing with service, plus bank holidays and additional days for Christmas closure.
• Excellent company pension scheme with an 8% employer contribution.
• Agile and family friendly working arrangements to allow for a great work/life balance.
• Company sick pay.
• Group Income Protection.
• Enhanced maternity, paternity and adoption pay.
• £450 towards the purchase of home office equipment.
• Group Life Assurance Scheme: 8 x salary.
• Access to the Benefit Hub; discounts on shopping, dining out, holidays and lots more!
• A range of health benefits including eye care vouchers, flu vaccinations, Annual Health Screening, Digital GP, Mental health and Nutrition Sessions and Employee Assistance Programme.
• Voluntary flexible benefits platform including Private Medical Insurance, Medical Cash Plan, Dental Insurance, Critical Illness and Health Screening.
• Charity Days.
• Company Events
Our Wellbeing committee works hard to ensure we can support the wellbeing of our colleagues, whatever their needs. Some of the support we currently we offer includes:
• Employee Assistance Programme including access to a 24/7 support line.
• Access to mental health first aiders.
• Menopause support.
• Parental and compassionate leave.
• Wellbeing Library and Hub.
• Aviva DigiCare and Workplace.
• Bereavement Helpline.
Support in achieving your career goals…
• Sponsorship for relevant professional exams and study leave.
• Access to funded apprenticeships in a range of topics, such as business administration, leadership & management, and accounting & finance.
• Access to Insights Discovery, a psychometric tool, which helps individuals and teams to connect better, overcome challenges & conflict resulting in high performing teams.
• Clear career pathways and endless internal job opportunities.
• Access to a huge range of free courses via our Learning hub.
Succession is committed to building and preserving a culture of inclusion and diversity. With a diverse team of employees, we can grow, innovate and deliver excellent client care to help us reach our goals as a business. Our diverse teams help us reflect and understand the communities in which we operate and the subjects we cover in our everyday work. In recruiting for Succession, we welcome the unique contributions all candidates can bring regardless of their background and strive to ensure that every candidate is given the best chance of success through fair and equitable recruitment practice.