Manager - Group Financial Crime Compliance

• IQEQ is a preeminent service provider to the alternative asset industry. IQEQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO/controller and administration services to private equity fund investments – portfolio companies, real estate assets and energy assets. Our client base is growing, and our existing clients are engaging the firm across the spectrum of our services offerings.

Role summary

• IQ EQ Group (“IQ EQ”) is committed to maintaining the highest levels of legal and ethical standards in the conduct of its business, and places the highest importance upon its reputation for compliance with all applicable laws and rules, and for honesty and integrity. 
• The overall goal of the Group Risk & Compliance (GRC) function is to protect the Group brand and to support the successful execution of the Group’s business strategy through the delivery of an integrated risk and compliance programme across the Group.  GRC aims to support the Board and senior management to fulfil their statutory and regulatory obligations, by helping to ensure compliance with the laws, regulations, principles and codes established by our regulators, and more generally by supporting the effective and continuous development and operation of the Group’s risk management framework.    
• The Manager, Group Financial Crime role reflects and supports the Group’s continued commitment to combatting financial crime.  The role holder is responsible for working with the Senior Manager, Financial Crime Compliance (SMFCC) in a small team within the GRC function dedicated to the development and ongoing maintenance of the Group’s Financial Crime Compliance and Risk Management Programmes, reflecting  the importance that the Group places on Financial Crime compliance and Risk Management, and in light of the Group’s continued expansion. 
• The roleholder is responsible for supporting the SMFCC in ensuring that robust Financial Frime Compliance and Risk Management measures are in place at a Group level and for helping to ensure that employees are aware of the Group’s Financial Crime prevention obligations.
• The roleholder reports to the SMFCC and also works closely and collaboratively with key stakeholders, including Financial Crime Officers across the Group, to drive best practice across the Group in all matters Financial Crime related.

Principal responsibilities

• Support the FCC Function in maintaining the Group’s Financial Crime (“FC”) Risk Management and Compliance Programmes in relation to the following financial crimes -

• Money Laundering;
• Terrorist Financing;
• Proliferation Financing;
• Economic & Financial Sanctions;
• Bribery and Corruption;
• Fraud; and
• Tax evasion

• Undertake periodic reviews of and draft updates to the Group’s FC Policies and Procedures, ensuring that they continue to reflect key regulatory requirements and industry best practices
• Maintain the GFCC Policy and Standards Register and ensure all documents are updated to meet deadlines set
• Maintain Group FCC lists including those relating to Higher Risk Countries, Approved Regulated Markets, MLROs etc.

• Promote the culture and practice of Financial Crime Compliance and Risk Management helping to ensure that, among other things –
• All staff are aware of the Group’s zero tolerance approach to FC and understand the role they play in combatting it;
• The Group is aware of the FC risks it faces; and
• The Group’s minimum FC standards and controls are well known throughout the business and embedded in practice.
• Updating existing eLearning training modules and creating new ones
• Own the Group FC Training Calendar, ensuring new training modules are developed, updated/in place as required to meet roll out deadlines
• Deliver and provide ad-hoc training on key FCC related topics to staff across the Group
• Manage the GFCC mailbox and ensure emails are picked up timely, escalated where required and appropriately filed.
• Liaise with Horizon Scanning Team to identify and assess the impacts of regulatory change (negative or positive) on the Group’s  FC Programmes, presenting results and proposed approaches to any changes required to the SMFCC
• Arrange Financial Crime Network Team calls, prepare packs and follow up on actions arising
• Prepare internal alerts/blogs on key FC related developments

Key qualifications and  behaviours we expect to see

In addition to demonstrating our Group Values, the role holder will be expected to demonstrate the following:

• Extensive experience in a second line of defence Financial Crime role
• Extensive experience in drafting and updating Financial Crime related Policies and Procedures
• Proven experience in creating new and updating existing Financial Crime related training material. Ability to be creative, innovate and produce engaging training content
• Experience with Horizon Scanning and assessing  regulatory change to determine the overall impact and appropriate action that should be taken
• Deep understanding of and ability to interpret and apply legislation and regulations
• Strong organizational skills and able to deliver to agreed deadlines
• Strong attention to detail skills when performing everyday tasks
• Methodical approach to working and ability to work independently with minimal support
• Ability to collaborate and influence challenging stakeholders effectively
• Hands on and collaborative approach, but with appropriate independence of mind and sound professional judgement
• Solution orientated approach to issue resolution, process improvement and problem solving
• Consistently demonstrates excellent communication and influencing skills
• Resilience – ability to work and adapt in a fast pace and complex environment and manage multiple priorities.
• Cultural awareness/sensitivity, with strong emotional intelligence
• Pro-actively manage own development, encompassing both technical and leadership requirements to a level appropriate to role that supports the IQ-EQ Values

Required Experience

• Education / Professional Qualification
• University law degree and/or relevant professional qualification

Background experience

• Experience of working in a second line Financial Crime compliance role in a large multi-regulator Group.

Company, Product, Market knowledge

• Ideally possess a working knowledge of both trust and company administration and investor services (fund admin) sectors.

Languages

• Fluent in written and spoken English

Computer

• Expertise in Microsoft Word, Excel and PowerPoint