Assistant Manager- Licensing & Enablement

Search-Select LTD; East Devon; On-site; GBP 30,000 - 60,000; Full time

Job summary

An established industry player is seeking an Assistant Manager to join their Licensing & Enablement team. This role involves supporting senior staff in processing applications, conducting fitness assessments, and preparing guidance recommendations across regulated activities. The successful candidate will also act as a Risk Champion, ensuring compliance with policies and frameworks. This is a fantastic opportunity for someone with a background in financial services or compliance who is looking to further their career in a dynamic environment. Join a team where your contributions will have a significant impact on the regulatory landscape.

Qualifications

• Experience in financial services, compliance, regulatory, or audit roles is essential.
• Strong analytical and communication skills are crucial.

Responsibilities

• Conduct assessments on applicants for Controlled Functions.
• Assist with licence applications and policy recommendations.
• Manage internal risk libraries and business continuity plans.

Skills

Analytical Skills

Interpersonal Skills

Communication Skills

Microsoft Office Suite

Risk Evaluation

Time Management

Professional Development

Team Collaboration

Education

Relevant Professional Qualification

Job description

Our client seeks an Assistant Manager to join the Licensing & Enablement team.

Role Profile: To assist senior staff of the Portfolio Supervision Division by undertaking a range of activities including processing applications and assessing individuals proposed for Controlled Functions and Specified Persons. To provide assistance in identifying and preparing published guidance recommendations across all areas of regulated activity. To assist in maintaining the procedural framework and collaborate with other Supervisory Divisions where appropriate.

To undertake the role of Risk Champion for the Portfolio Division in line with the Enterprise Risk Methodology, Policy and framework.

Key Responsibilities:

• Conduct fitness and propriety assessments on applicants and those seeking to hold Controlled Functions.
• Assist in undertaking effective and efficient processing of licence applications, against licensing policies, including preparing recommendation papers for licensing meetings.
• Participate in meetings with potential new applicants to the Authority / regulated entities wishing to extend permissions / individuals seeking to hold Controlled Functions, and ensure that the contents of meetings are accurately recorded and, where necessary, resulting action points are followed-up on.
• Provide assistance in identifying and preparing policy and guidance recommendations across all areas of regulated activity.
• Assist with creating and maintaining a framework of procedures for the Supervision Team (Portfolio) and support HMI with their framework where appropriate.
• To support the Senior Manager Portfolio Licensing and Enablement Team with regular and ad-hoc Board and committee reporting as appropriate.
• Implement and manage the Division's Internal Risk Libraries (including RCSAs), Business Impact Assessments and Business Continuity Plans, in conjunction with the Authority's Policy & Risk Division.
• Draft and obtain appropriate approval for responses to requests for information from other regulators and from other authorities, in accordance with the relevant legislation, procedures and the Authority's data protection policy.
• Take a proactive stance to communication with applicants in order to obtain required information, advise on progress and relay licensing decisions.
• Ensure all matters considered material to the discharge of the Division's duties and responsibilities are raised with the Senior Manager or Head of Division in a timely manner.
• Ensure efficient use of the Authority's resources.
• Ensure internal systems and procedures are maintained and adhered to including the Authorisation procedures and the Authority's intelligence systems, where appropriate.
• Comply with the requirements set out in the Staff Handbook and other operational policy and procedures issued by the Authority.
• Maintain and develop a positive professional culture within the Authority.

Key Skills and Experience:

• Evidence of continuing professional development. Essential
• Previous relevant experience in either a financial services, compliance, regulatory, risk or audit role.
• An awareness of Financial Services and associated legislation, regulation and guidance including trends and developments.
• Strong analytical skills, ability to quickly and accurately assimilate information, to consider any associated risks and to summarise the information effectively.
• Ability to work under pressure, manage a workload of varied complexity, to manage competing priorities and to deliver against deadlines.
• Demonstrates effective interpersonal, verbal and written communication skills.
• Ability to work on their own initiative as well as part of a team.
• Good working knowledge of Microsoft Office Suite.
• Ability to build and maintain working relationships with stakeholders at all levels.
• Ability to assist in preparing and conducting meetings with senior stakeholders both internally and externally.
• Hold or be working towards a relevant professional qualification.
• Good understanding in relation to risk and risk frameworks including evaluating risks.

Quote job ref: 15702

Location:

Isle of Man

Contract type:

Permanent

Job reference:

15702