Partner Oversight Analyst

An established Financial Services business are seeking a Partner Oversight Analyst with a strong understanding of Compliance (beyond AML), with the ability to build and manage client relationships, and an ability to understand a Partner's business model. The role of the Partner Oversight team is to oversee the activities of these Partners, ranging from how they promote their services and deliver against Consumer Duty requirements, through to their performance of outsourced AML and financial crime controls such as KYC and Transaction Monitoring, to understanding their business plans and financial viability. Responsibilities include:

• Owning a portfolio of Partners, and deeply understanding their business model, and how they fit within the regulatory framework and what risks exist as a result.
• Carry out day to day activities in line with the Partner Oversight Framework, with the objective of managing risk and working with Partners to ensure they reach successful Compliance outcomes.
• Liaising directly with Partners through scheduled and ad hoc calls, to gain updates and insights (in line with the Partner Oversight framework and guidance) as well as to update and progress on specific topics and build the relationship. Add value to Partners through engagements with them, sharing appropriate insights and industry updates.
• Receiving and analysing MI, assessing for emerging risks and trends.
• For Partners with outsourced KYC, request regular samples and carry out or oversee sample checking including dealing with any quality issues.
• Escalating Partners where there are any concerns, to ensure appropriate visibility. Where relevant, propose appropriate restrictions or offboarding steps including keeping the Partner informed on these matters.
• Supporting requests from Partners which require sign off, such as entering new markets or adopting new products. Owning these and leading them through internal review and approval steps in a timely manner, including keeping the Partner updated throughout the process.
• Following up with Partners after initial or refresh audits, ensuring action plans are put in place to address any findings, and that these are tracked and delivered against.
• Identifying and proposing opportunities for continuous improvement in the Partner Oversight function, for example through training, tooling, and improved processes.
• Working with other internal teams to maintain a strong control environment and deliver a co-ordinated experience for our Partners.
• Engaging in training and quality assurance activities across the team. Where possible, provide support and insights to other Partner Oversight Analysts, including sharing learnings and insights.
• Supporting internal reporting into Governance committees and regulatory updates.
  
  Experience working in a risk & compliance function, with awareness and knowledge that expands beyond standard AML risks and controls.
• Experience working with end-customers / clients, particularly in a B2B context.
• Previous management of multiple stakeholders to aid effective delivery of service.
• You should have a good understanding of regulatory landscapes
• Naturally curious, with an ability to understand varied client business models and the risks associated with them.
• Reporting & presenting experience to management, or appetite to develop this.
• Relevant qualifications and professional certifications.