Role Summary
Proactively supports the Director of Group Risk in ensuring WBR meets the regulatory standards and best practices of the industry and to protect the business and its clients from harm by effectively managing risks. Implements risk management and compliance strategies, conducts assessments, and promotes a culture of risk awareness and compliance across the organisation.
Key Accountabilities
Risk Management:
- Support the risk control and assessment processes by collecting and organising data, performing risk assessments, root cause analysis, and helping to identify potential risks and vulnerabilities all across the various business units.
- Maintain and update the risk register, liaising with the business units to ensure monitoring remediation and mitigation actions are completed in a proportionate and timely manner.
- Collaborate with the team to develop strategies and tactics for mitigating identified risks and enhancing the firm’s overall risk management framework.
- Monitor and evaluate the effectiveness of the risk and compliance framework and policies, and recommend improvements as needed.
- Support with the production of regular and ad-hoc risk management reports for senior management.
Compliance:
- Assist in the preparation, review and maintenance of company policies, compliance documentation and manuals, reports, and records. Ensure these documents are current and aligned with regulatory requirements and industry standards.
- Support with the production of regular and ad-hoc reports to ensure awareness of regulatory issues for senior management.
- Horizon monitoring – keep abreast of changes in relevant regulations, industry standards and best practices, providing the Director of Group Risk and the business with timely updates on relevant developments and their potential impact on the WBR Group, and assist in implementing necessary adjustments to policies and procedures. Includes, but not limited to HMRC, TPR, ICO, CIOT, SRA, DWP.
- Assist in compliance monitoring activities within WBR Group to ensure the processes and actions align with relevant regulations and internal policies. This may involve developing and maintaining a compliance monitoring programme through development of testing plans, execution of testing and reporting of findings.
- Assist in the coordination and delivery of audits. This may involve preparing documentation and evidence, as well as helping with the implementation of audit recommendations.
- Good level of competence with all Microsoft Office applications.
- Ability to work independently and as part of a small team and be able to be mainly self-supervised.
Training and Education:
- Contribute to the development and delivery of compliance and risk training programs to ensure that employees are aware of and understand their obligations and responsibilities.
- Oversee the implementation and effectiveness of the Group’s standard annual training programme.
Continuous Improvement
- Identify opportunities for improving risk management and compliance processes and procedures.
- Participate in projects related to the enhancement of risk and compliance systems and frameworks.
Operational Support:
- Establish effective internal relationships to ensure all regulatory requirements are fully understood and applied in a coordinated and commercially sensitive manner.
- Promote a culture of risk awareness and compliance across the firm.
Incident Response:
Assist the Director of Group Risk with the execution and maintenance of BCP and incident response plans, particularly in cases of compliance violations or security breaches. This may include documenting incidents and coordinating the response efforts.
Data Management:
Manage and maintain information and data related to risk, governance, and compliance, ensuring data accuracy, integrity, and security.
Regulatory liaison:
Assist the Director of Group Risk to liaise with external regulatory authorities, auditors and other third parties on risk and compliance matters ensuring that reports and information are effectively communicated and received, all responses are complete and the business is appropriately updated.
Team:
- Work alongside others in the team to achieve any or all of these objectives
- Provide support to other members of the team, which may include tasks in addition to those set out here, as and when required including in periods of holiday or other absence.
Ad Hoc Projects:
- Contribute to various ad hoc projects related to risk, governance, and compliance as they arise within WBR Group.
- Comply with the Health & Safety Guidelines as set out in the Health & Safety Management System document.
- Demonstrate behaviours in line with our Company Values ‘PEER’.
- Ensure compliance with our Company policies, procedures and guidelines.
Skills & Experience required
- Analytical problem solving.
- Excellent organisation.
- Strong communication skills.
- Flexibility and adaptability.
- Attention to detail and accuracy.
- Good level of competence with all Microsoft Office applications.
- Ability to work independently and as part of a small team and be able to be mainly self-supervised.
Experience that is not essential but would be beneficial, or would expect a willingness to develop:
- Familiarity with GDPR, AML, TPR, FCA, HMRC, CIOT and SRA requirements.
- At least two years of experience in a risk and compliance capacity in a rapidly growing company including some form of monitoring, checking or quality assurance, preferably in the financial services sector.
- Worked within a SSAS or SIPP environment for at least 2 years.
- Relevant professional qualifications such as ICA, IRM, or CISI are advantageous.
We are looking for someone who:
- Has a passion to learn and develop.
- Likes challenge and ownership.
- Is a problem solver rather than problem creator.
- Is a team player.
- Is adaptable and resilient.
- Is achievement oriented.
- Can be commercially aware.
- Is risk aware.
- Has a passion for detail and quality.
To apply, please email HR and attach your CV