Risk & Compliance Monitoring & Oversight Manager

Job Description

At abrdn, our purpose is to enable our clients to be better investors.

Clients worldwide trust us to find future-fit investment opportunities to deliver the outcomes they want. Our technology and insight help empower them to make better decisions, while the powerful partnerships we build help to enhance the expertise that we offer. And by enabling clients to invest responsibly, it helps us to build a better world.

About the department

The Compliance, AML, & Control function is responsible for ensuring that all activities comply with regulatory requirements, including financial crime, anti-money laundering, anti-bribery and corruption, data privacy, and sanctions.

About the role

The R&C Monitoring & Oversight Manager will get the opportunity to be a member of abrdn’s Monitoring & Oversight (M&O) unit which sits within the Risk and Compliance function.

You will be a part of being responsible for delivering programmes of reviews of regulatory compliance and control in various aspects of abrdn’s business functions and to recommend actions for improvement.

You will also get to be support the ongoing evolution of review methodologies, including the use of technology and data to build insight about the business’ compliance and control standards.

Key Responsibilities

• Supporting the delivery of the M&O Plan through timely execution of reviews and ensuring that all work meets the appropriate quality standards.

• Supporting and managing staff where appropriate and ensuring they continue to develop in line with business needs.

• Undertaking all aspects of Monitoring & Oversight (M&O) reviews including determining scope and agreeing terms of reference, fieldwork, and analysis, drafting reports, and agreeing actions with business management.

• Liaising with the Risk & Compliance Business Partnering Teams regarding emerging themes and review findings to incorporate these into the advice provided to the business.

• Providing input into the development and documentation of the M&O Plan using a defined and robust risk-based methodology.

About the candidate requirements

• Experience of undertaking compliance monitoring reviews to a high level of quality and consistency within a demanding environment.

• Extensive risk management and regulatory compliance knowledge within the asset management industry, including a good understanding of UK, EU, and other international regulatory requirements. Specialist SME knowledge of key regulations is an advantage

• Experience of developing monitoring and oversight methodology to ensure reviews are undertaken to an agreed standard to meet industry best practice.

• Knowledge of current and emerging regulatory compliance ‘hot topics’ and market trends, methods, and tools in respect of monitoring & oversight.

We are proud to be a Disability Confident Committed employer. Therefore, if you have a disability and would like to apply to one of our UK roles under the Disability Confident Scheme, please notify us by completing the relevant section in our candidate questionnaire and one of our team will reach out to support you through your application process.

Our benefits

There's more to working life than coming home with a good salary. We have an environment where you can learn, get involved and be supported.

When you join us, your reward will be one of the best around. This includes 40 days’ annual leave, a 16% employer pension contribution, a discretionary performance based bonus (where applicable), private healthcare and a range of flexible benefits – including gym discounts, season ticket loans and access to an employee discount portal. You can read more about our benefits here.

Our business

Enabling our clients to be better investors drives everything we do. Our business is structured around three distinct areas – our vectors of growth – focused on our clients’ changing needs. You can find out more about what we do here.

We’re committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. We define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.