AR Regime Consultant

Responsible for the control, monitoring, analysis of data and oversight arrangements of AR's and completion of the Annual Self-Assessment demonstrating compliance with SUP12.,

• Responsible for embedding of an effective, robust, and consistent AR Regime frameworks, processes and governance which underpin the AR Regime.


• Research, review, and analyse the effectiveness of existing requirements, gathering processes and develop strategies for enhancing of further leveraging these processes.


• Undertakes a variety of monitoring and assurance activities including compliance-based audits and risk assessments focused on systems and controls.


• Proactively identifies and reports any quality, trends, themes, emerging risks, and behavioural indicators, escalating effectively and making suggestions for action, and implementing solutions.


• Pro-actively considers impact of regulatory change and ensure risks are effectively escalated.


• Identify and develop strong relationships with key contacts across the partnership (both internally and externally)


• Documented processes, procedures and guides are kept up to date to reflect any changes.


• Recognise issues and take appropriate action to resolve and move forward to resolution.


• Identify reoccurring trends or issues and escalate with recommendations.


• Use initiative to identify, propose solutions and make changes to processes / procedures / standards to drive continuous improvement.
  
  At least 3 years operational compliance experience in financial services industry, preferably including audit experience.


• Level 4 qualified or actively working towards


Knowledge:

• Maintains an up-to-date knowledge of the regulatory landscape and emerging industry risks.


• Good knowledge of regulatory framework


• Good understanding of the Financial Services Industry and COBs regulatory framework and requirements, including Financial Conduct Authority, TCF, Data Protection, Anti Money Laundering and Vulnerable Customer principles


• Good understanding of market, risk, and business awareness


• Familiar with The Openwork Partnership adviser and network business model and/or other AR networks


• Strong IT skills, with working knowledge of MS Office, in particular Word, Excel, PowerPoint, and Outlook


Skills and Competencies:

• Ability to lead and implement change.


• Excellent communication, influencing, facilitation and negotiating skills.


• Strong project and planning skills and able to co-ordinate cross departmental issues/projects across multiple stakeholders to achieve an effective outcome.


• Problem Solving, interpretation, decision making and judgement skills.


• Excellent planning and organising skills.


• Is tenacious but able to build and maintain effective relationships.


• Demonstrates right minded thinking - does what is right not what is easy.
  
  We're a dynamic, fast paced, and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We're investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential.


We're also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague's individual differences and identities - just like our financial advice, for us, it's personal. We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier. At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.


• Salary - up to £56,000


• Bonus scheme - on target bonus - 15%


• Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%


• Critical illness cover


• Income protection - 1x salary


• Death in service - 4x salary


• 25 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days


• A range of other flexible benefits to include private medical insurance, dental insurance and much more.