Role Description:

Responsibility for oversight of the systems and controls in place within FNZ (UK) to ensure that it remains compliant with FCA’s rules and regulations and is the Data Protection Officer for FNZ (UK).

This role has been created in order to:

• Protect and maintain FNZ’s reputation with clients and regulatory bodies across the UK

• Manage a UK team to successfully deliver Risk and Compliance Services across FNZ (UK)

• Provide clear strategic direction to the department with clearly defined deliverables

• Ensure all of our UK customers are treated fairly

Summary of Focus

• Compliance framework that ensures end-to-end compliance with regulation across FNZ (UK)

• Robust Compliance framework to limit material breaches across FNZ (UK)

• Clear MI delivered on a timely basis, which sets out all key Risks to the business, and supports a ‘no surprises’ culture

Specific Role Responsibilities:

Provision of core services to FNZ (UK) including:

• Compliance Monitoring

• Identification of FCA regulatory change

• Compliance consultancy to the business

• Promotion of a compliant culture through education

External Liaison

• To prepare reports and liaise with clients on Risk and Compliance matters

• To attend clients’ senior risk committees

• To liaise with auditors and consultants on Risk & Compliance matters

SMF16 – Compliance Oversight for FNZ (UK) Ltd (Financial Conduct Authority)

• Policy Owner of Regulatory Compliance Policy and supporting policies and procedures

• Develop and maintain effective relationships with key regulatory bodies

• Provide the senior point of contact with the Regulators that FNZ (UK) are registered with and maintain awareness of all communications with those regulators

• Ensure there are appropriate regulatory controls in place within FNZ (UK) to establish and maintain FNZ (UK)’s compliance with regulatory requirements including Conduct obligations

• Ensure that an annual risk based Compliance Monitoring Plan is carried out for FNZ (UK) and FNZ (UK) Ltd’s appointed representative

• Ensure compliance with the rules in relation to FNZ (UK) Ltd’s MRM and ensure that the MRM and any changes are submitted timely to the FCA

• Report to FNZ (UK) Board on compliance with FNZ (UK)’s regulatory requirements

• Ensure regulatory reporting to regulatory authorities on behalf of FNZ (UK) is timely and accurate

• Ensure compliance training is provided to UK employees

• Maintain knowledge of and competence in the regulatory environment in which FNZ (UK) operates and in the financial services industry of which it forms part

• Ensure awareness and compliance with regulatory requirements

• Be aware of and continue to comply with the FCA’s Fit and Proper test

• Comply with the FCA’s Statements of Principle and the Code of Conduct

• Provide challenge to the FNZ (UK) Ltd’s Management Responsibilities Map (‘MRM’)

• Have sufficient oversight of the systems and controls in place within FNZ (UK) to ensure that it remains compliant with the Regulators’ rules

• Ensure that the employees in the role’s areas of responsibility are competent to carry out their roles and there is adequate training in place to reach and maintain that competence

• Ensure that conflicts of interest have been identified and where possible mitigated and ensure that there is a regular review of conflicts of interest

SMR Responsibilities:

• Compliance with the rules relating to the firm’s Responsibilities Map

• Responsibility for the firm’s policies and procedures for countering the risk that the firm might be used to further financial crime

• SMF16 – Compliance Oversight

As this role is caught by the Senior Managers Regime, the role holder must adhere to the FCA’s Conduct Rules.

Money Laundering

• Provide senior line management to the Money Laundering Reporting Officer

• Act as whom failing for SMF17 Money Laundering Reporting

Financial Crime Second Line Oversight

• Ensure that Policies and procedures are in place to assist in the prevention of Financial Crime

• Ensure Financial Crime training is provided to employees on the Financial Crime policies

• Provide second line of defence monitoring of Financial Crime controls

This role is in scope for activities which have a direct impact on CASS processing which takes place within FNZ for FNZ and/or FNZ’s clients. This role has a requirement to remain up to date with CASS developments and changes as communicated with FNZ

Performance Assessment

List of measures which will be used to grade on-going performance in this role

Experience required:

• In-depth knowledge of the UK financial services and regulatory framework

• 5-10 years’ experience working at a senior level within a regulated environment

• Previous experience as a CF10

• Experience in people management

• Ability to communicate effectively at a variety of levels within a regulated environment, both internally and externally, written and verbally.

• Good inter-personal skills necessary to constructively challenge senior management where appropriate.

• Good attention to detail

• Numerate

• Experience in risk management and control

#LI-CM1

About FNZ

FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back.

We created wealth’s growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution.

We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA).

Together with our customers, we help over 20 million people from all wealth segments to invest in their future.