Talent Acquisition Lead - Banking Financial Services & Insurance - Wipro
Location: Reading & Bath
Introduction:
Servaada, a Wipro company, is looking for a Compliance Monitoring Specialist with previous experience in a regulatory environment, ideally from wealth/asset management or retail financial advice background. The role holder will be key in delivering both departmental and individual targets within appointed timescales and to the highest standards. Application of technical knowledge to the department’s operation and innovative, solution-based thinking will be a key aspect of the role.
This role will be required to work hybrid; 2-3 days a week – 1 or 2 days from Reading and 1 day from Bath.
Servaada is a separate legal entity, authorised by the FCA and has been set up by Wipro to provide regulated outsourcing services within the Financial Services industry.
As a Compliance Monitoring Specialist, you will receive a competitive salary, a generous benefits package, and training & development in areas to help you improve.
Responsibilities:
* Assist in the delivery of the annual compliance monitoring programme by undertaking agreed monitoring activities to a high standard and delivering results in a timely manner.
* Work proactively to identify control gaps and weaknesses, determine root cause, and escalate and propose viable solutions to the risks and weaknesses identified, working to mitigate risk.
* With the support of the Head of Compliance Monitoring, agree action plans with the business as a result of monitoring work and follow up with the business to ensure identified risks are adequately mitigated and closed in line with agreed action plans.
* Provide input into the annual Compliance Risk Assessment Process to inform the annual Compliance Monitoring Programme and actively keep compliance risks under review.
* Make or assist with the delivery of relevant reporting and MI to inform Management of the compliance risks and their status.
* Monitor regulatory developments and maintain an up-to-date knowledge of current issues and future trends and their likely impact on the company’s risk profile and activities.
* Work with the Compliance Team in the establishment of adequate in-house controls and compliance procedures and contribute to compliance processes by identifying areas for improved adherence to regulatory requirements.
* Ensure departmental logs and the Compliance Monitoring Programme are maintained and up to date.
* Work independently while establishing solid relationships with the business.
* Champion a positive and effective compliance culture within Servaada and Wipro.
* Maintain an independent mind-set taking an impartial and objective view of internal practices.
* Previous experience in compliance monitoring, ideally in an asset/wealth management firm or a retail financial advice firm.
* Good working knowledge of FCA rules.
* Some experience of suitability of advice and/or CASS would be beneficial.
* The ability to understand and communicate technical information in a way that is easy for others to understand is essential.
* Degree education or equivalent or higher.
* CISI IAQ / IOC, Investment Compliance Diploma or other compliance qualification from the International Compliance Association (ICA) would be beneficial.
* Proactive self-starter who is not afraid of taking responsibility and who is able to work both independently and in close collaboration with others.
* Build rapport and strong relationships quickly and be able to maintain and build on those relationships over time.
Join our team as a Compliance Monitoring Specialist and make a meaningful impact in the lives of our clients and beneficiaries. If you have a passion for financial crime, a thorough understanding of investment services, and a desire to assist customers in their financial journey, we welcome you to apply and be part of our dedicated team.
Servaada is an advocate for positive change and conscious inclusion. As a global employer, we strive to create a diverse Wipro family by remaining committed to the development of our culture, diversity, equality, and inclusion in the workplace. All applicants welcome.
Seniority level
* Associate
Employment type
* Full-time
Job function
* Analyst, Consulting, and Other
Industries
* Financial Services, Business Consulting and Services, and Outsourcing and Offshoring Consulting
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