Job Information

Our Client a firm of Financial Advisors requires an Executive Business Risk Manager for their offices in London.


Main Purpose of the role:
� Provide risk management and consultancy for Area Risk Manager and Head of Business with the aim of achieving the divisions mission statement which is �To safeguard clients through proactive risk mitigation�.
� Ensures safe growth of our business by providing field based, 1st line quality control incorporating reactive and proactive risk review.
� Implements corporate policy regarding regulatory requirements (compliance procedures) to effectively identify and manage the key risks (and monitor the low risks) within the Business Unit.
� Supports, coaches and develops the team to improve levels of risk awareness, ethics and quality commitment.
� Responsible for managing the output and performance of the Business Unit
� Ensures all areas of day to day business activities include (where appropriate):
� Making decisions with client�s best interests in mind
� Creating processes that meet the needs of our clients efficiently and effectively
� Using documents that are clear, easy to understand and avoid jargon
� Keeping clients suitably informed within appropriate timescales
� Giving suitable advice which takes account of client�s circumstances
� Carrying out all business with integrity and professionalism.





Main Functions Of The Job:





Legal and Regulatory Responsibilities
� Implements and maintains the required systems to ensure that the Business Unit meets with the FCA�s objectives and the principles of good regulation.
� Undertakes the required Compliance programme.
� Undertakes regular financial review and monitoring
� Undertakes the speci?ed regular audit and trend analysis of the Business� key record keeping requirements incorporating a quarterly Management Information review.
� Manages the Business Unit Investigation process.


Communication/Interfaces
� Ensures the Head of Business and Area Manager Business Risk are kept informed of all emerging risks within the Business Unit.


Compliance
� Investigates any issues that arise from central department feedback
� Undertakes Financial Monitoring meetings with Partners identified as demonstrating financial stress indicators.
� Provides on-going oversight and assists the Head of Business with the corporate objective of achieving and/or maintaining an appropriate compliance rating.
� Reviews complaints when deemed appropriate, considers the outcomes and takes action if required