Risk & Compliance Specialist

Omnis Investments Limited; London; Hybrid; GBP 70,000; Full time

Job summary

A financial services company based in London is seeking a Risk & Compliance Specialist to deliver consultancy and oversight across the organization. The role involves assessing risks, reviewing controls, and ensuring actions are completed timely. Candidates should have strong operational risk experience in investment management and excellent communication skills. This is a permanent, hybrid opportunity with a salary up to £70,000.

Benefits

Salary - up to £70,000

Bonus scheme - on target 15%

Pension scheme with matching contributions

Critical illness cover

Death in service - 4x salary

27 days holiday + bank holidays

Flexible benefits including private medical insurance

Qualifications

• Operational risk and compliance experience in the investment management sector.
• Strong understanding of regulatory requirements and investment principles.
• Excellent planning and organizing skills.

Responsibilities

• Advise on control improvement actions and ensure timely completion.
• Provide risk and compliance consultancy to stakeholders.
• Support the development and delivery of the Compliance Plan.

Skills

Operational risk and compliance experience

Understanding of 2LoD compliance monitoring techniques

Excellent communication skills

Problem-solving and decision-making skills

Proficient in Microsoft Office applications

Job description

Join to apply for the Risk & Compliance Specialist role at Omnis Investments

As a Risk & Compliance Specialist, you’ll deliver second-line oversight and expert consultancy across Omnis, supporting the Compliance Plan and regulatory assurance. You’ll assess risks, review controls, and ensure timely completion of actions. The role demands sound judgement and the ability to work independently.

This is a permanent, hybrid role, based in our Swindon office, with the requirement to be in the office 2 / 3 days a week.

The benefits:

• Salary - up to £70,000
• Bonus scheme - on target bonus – 15%
• Pension scheme - contribute up to 5% of your salary and Openwork will match you and put in an extra 5%
• Critical illness cover
• Death in service - 4x salary
• 27 days holiday + bank holidays, with the opportunity to buy up to an additional 10 days.
• A range of other flexible benefits to include private medical insurance, dental insurance and much more.

Your responsibilities will include:

• Advising business areas on recommended control improvement actions, driving ownership, accountability and timely completion of actions.
• Providing investment risk and compliance consultancy to key stakeholders at all levels across the business.
• Leading on second line engagement change initiatives.
• Supporting the delivery of the Omnis and group wide strategy.
• Supporting the Head of Risk and Compliance in the development and delivery of the Compliance Plan.
• Completion of risk-based compliance assurance activities
• Supporting and pro-actively working with the Head of Risk and Compliance to effectively manage and deliver Depositary and FCA requests to high standard.
• Reviewing, tracking, reporting and escalating fund adherence to investment borrowing powers as set out in COLL 5 and in the ICVC Prospectuses.
• Collating and presenting of Compliance reporting and KPI tracking for use within the team and any relevant Committee(s).
• Reviewing daily risk measurement checks such as Derivative exposures and the fund’s compliance with VaR limits, VaR back-testing overshoots and Liquidity thresholds and escalation where appropriate.
• Acting as the primary risk and compliance contact for error and breach identification, resolution, trend analysis and escalation.
• Responsible for liaising with the Depositary to complete regulatory and best practice obligations.
• Liaising with third parties, including the Depositary and regulator, as necessary.

What will you need to succeed?

• Operational risk and compliance experience in the investment management sector particularly in an ACD business.
• Strong understanding and experience of 2LoD compliance monitoring techniques and regulatory requirements, including investment principles, investment types and portfolio liquidity.
• Excellent oral/written communication, influencing, facilitation and negotiating skills.
• Exceptionally well-organized, with a proven track record of maintaining detailed records and robust audit trails.
• Problem Solving, interpretation, decision making and judgement skills.
• Ability to lead and implement change.
• Excellent planning and organising skills.
• A proficient user of Microsoft Office applications including as a minimum Word, Excel, PowerPoint and Outlook.

Why join The Openwork Partnership?

We’re a dynamic, fast paced, and growing business with huge ambition. This is all made possible by the brilliant people who are part of The Openwork Partnership family. We’re investing heavily in our colleagues, continuously striving to give them the platform to develop personally and professionally and reach their full potential.

We’re also very proud of our culture, as one of the Best 100 Large Companies to work for in 2022. The Openwork Partnership values, and respects individuality and we are committed to building an inclusive culture and environment which truly recognises and celebrates our colleague’s individual differences and identities – just like our financial advice, for us, it’s personal. We believe everyone can make a difference and your race, religion, disability, and gender will never be a barrier. At Openwork, we have a strong ethic of care for each other where you can balance a successful career with your commitments and interests outside of work. We believe that you will bring your best self to work if you are trusted to choose when, where and how you do it.

Job details

• Seniority level: Associate
• Employment type: Full-time
• Job function: Finance