Manager - Group Financial Crime Compliance

Company Description

IQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide.

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.

Job Description

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

Responsibility

Principal activities

• 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

• Help the SMFCC to undertake periodic reviews of 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.
• Maintain Group FC Registers including those relating to –
  • Sanctions Exposures
  • Declined and Exited Business

• 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.

• Support the SMFCC in updating existing eLearning training modules and creating new ones
• Own the Group FC Training Calendar, ensuring training modules updated/in place as required to meet roll out deadlines
• 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 behaviours we expect to see

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

• Creativity, with the ability to innovate and produce engaging training content
• Ability to interpret and apply legislation and regulations
• Strong organizational skills
• Knowledge of compliant Financial Crime programmes
• Methodical approach to working
• Ability to collaborate and influence effectively
• Hands on and collaborative approach, but with appropriate independence of mind and sound professional judgement
• Solution orientated approach to issue resolution
• Excellent communication and influencing skills
• Resilience – ability to work and adapt in a fast pace and complex environment
• 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

Qualifications

Required Experience

Education / Professional Qualification

University law degree and/or relevant professional qualification.

Background experience

Experience of working in a financial services environment and ideally 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

Additional Information

At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.