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Risk & Compliance Manager – Practice Assurance

The Firm:

HW Fisher is a top 25 UK chartered accountancy firm. We are a commercially astute organisation with a personal, partner-led service aimed at entrepreneurial small and medium enterprises (SMEs), large corporates and high-net worth individuals.

Our clients come from many different backgrounds and are active in all branches of commerce and industry. Our reputation is grounded in quality, delivering premium advisory services efficiently and cost-effectively.

Founded in 1933, the practice comprises 26 partners and approximately 280 staff supplying a range of services spanning audit, corporate taxation, private client services, VAT and forensic accounting, together with a range of sector groups offering specialist industry knowledge.

The Department:

The department consists of two groups, Compliance and Financial Crime Prevention (FCP). These make up the Firm’s overall Practice Protection team. Headed by two Partners, the department deals with all of the Firm’s regulatory, AML and day to day compliance matters.

The Role:

We require a Practice Assurance (PA) Risk & Compliance Manager to join our existing team.

The PA Risk & Compliance Manager is a critical role within the Firm responsible for supporting the Board and Partners in delivering the professional regulatory elements of the Firm’s commercial objectives. The PA Risk & Compliance Manager is also involved in day to day operational matters and in particular supporting the Finance, HR and IT departments as well as the external Marketing function. The PA Risk & Compliance Manager will work directly under the FCP Senior Manager and PA Partner and alongside the current Regulatory Manager, but will also interact with the PA & FCP Assistants.

Duties & Responsibilities:

The role covers governance, risk and compliance with a focus on GDPR, legal areas of contractual arrangements, engagement risk and 3rd party exposure. The role will involve the following areas:

Governance:

  • The review of standard documentation – reviewing templates; ensuring documents are up to date; working with the Technical team to identify changes to templates or engagement letters; monitoring advice and guidance given by the ICAEW for best practice
  • Complaint management – logging all complaints received and allocating responsibility for investigation and reporting; monitoring the complaints process; provide reports to the Finance Partner when required; monitoring trends from complaints and make suggestions for improvements
  • Engagement and 3rd party risk – reviewing and negotiating engagement contracts; reviewing NDAs, supplier contracts, sub-contracting agreements and other documentation; answering ad-hoc legal queries from all business units
  • Maintain the Firm’s risk register – keeping high risks under control; advising department heads on risk mitigation; conducting an annual review of the register

Regulation:

  • GDPR and DPA – advising on data management and GDPR compliance; supporting the completion of the GDPR Data Privacy Programme and monitoring on-going legislation; monitoring GDPR compliant inventories; comply with the Data Privacy requirements; undertaking DPIAs and ensuring compliance with the outcomes of these; reporting GDPR compliance to leadership identifying requirements for and rolling out Data Privacy, and maintaining a data protection-aware culture; responding to queries in relation to data protection issues in the relevant mailbox
  • Regulation Monitoring – monitoring forthcoming changes in both regulation and best practice areas determined by the ICAEW; assessing the impact of changes on form policy and procedure; issuing proposals to the Partners and Compliance team for proposed changes to documentation; implementing approved changes and cascade knowledge internally

Compliance:

  • Practice Assurance Review – undertaking the annual review and setting an annual strategy; updating and designing the review; working closely with the Regulatory Manager to undertake a review of all practice areas and systems
  • Compliance Manual – maintaining the Compliance Manual; reviewing best practice in accordance with this; refreshing the manual annually
  • IT Security – assisting the IT department and client facing departments in identifying and mitigating data risks
  • Professional Indemnity Insurance – assisting with the preparation of the annual PII submission
  • Attend Compliance meetings – attending internal and external meetings to provide a compliance perspective
  • Sign off on templates and materials – approving marketing materials and promotional information; ensuring information is up to date; keeping a record of all approved materials
  • Training – arranging and delivering training courses on risk and compliance matters
  • Ad-hoc queries

The Candidate:

The successful candidate should demonstrate the following qualities:

  • Experience of professional practices
  • A logical and organised thought process
  • Strong attention to detail
  • Strong ownership and prioritisation of responsibilities
  • Be a team player yet able to work independently when required
  • Be flexible, adaptable and forward thinking
  • Possess strong investigative skills
  • Good interpersonal and communication skills

The role would ideally suit somebody with between 3-5 years’ experience within a Compliance role, with at least some of this time within a professional practice. Candidates who have only some of the experience noted may still be considered – team fit and a positive attitude are a priority.

The Benefits:

  • Salary: Dependent on experience
  • Group Life Cover
  • 25 days holiday on commencement
  • Buying and Selling Holiday Scheme
  • Flexi-time
  • PHI (Permanent Health Insurance)
  • Contributory Private Health Scheme
  • Non-Contributory Health Cash Plan
  • Season Ticket Loan (after qualifying period)
  • Discounted Gym Membership
  • Pension Scheme
  • Cycle voucher scheme

 

To apply for this position please contact Michael Fraser at mfraser@hwfisher.co.uk.


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Contact us

We’d love to hear from you. To book an appointment or to find out more about our services: