Manager – Oversight Analysis.

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

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 Programs, reflecting the importance that the Group places on Financial Crime compliance and Risk Management, and in light of the Group’s continued expansion. 

The role holder is responsible for supporting the SMFCC in ensuring that robust Financial Crime Compliance and Risk Management measures are in place at a Group level; providing oversight and challenge across the Group to ensure that known Financial Crime risks and issues are being managed appropriately, escalating to the SMFCC when this is not the case; 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

• Provide assurance on the status of the Financial Crime Programmes,  including (but not limited to) –

• Compliance with existing and upcoming regulatory requirements;
• The effectiveness or otherwise of current FC risk prevention standards, practices and controls;
• The identification of new and emerging FC risks, new methodologies etc.; and
• The management of known FC issues and exposures.

Principal activities

• Run and analyse system reports to identify FC related issues
• Draft, for SMFCC review, regular reports for the Group Management Team, Regional CEOs and Group Risk and Compliance Committee
• Liaise with GRC Risk Team, considering the output of their work, to determine any new higher risk FC issues arising from, but not limited to, –
  • Risk Events
  • KRI reports
  • Risk Assurance Reports
• Maintain the Issues by Region Tracker
• Compile lessons learned summaries from FC related regulatory findings, regulatory thematic reviews, internal audits etc. to ensure that they are shared across the Group and practices and controls enhanced as required
• Undertake screening searches on target entities as part of the acquisition due diligence process and escalate items of concern to SMFCC

Qualifications

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.

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

• Ability to analyse information and identify key points to be followed up
• Strong report writing skills
• 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
• Creative, with the ability to innovate
• 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