I am a Job Seeker looking for work

Overview

We are currently seeking an experienced Manager (Resolution and Deposit Compensation) for our Douglas-based Client, a leader in fiduciary services, fund administration, and management and investment advice compliance.

The Manager (Resolution and Deposit Compensation) will assist in discharging all the operational responsibilities of the team, on a day-to-day basis. This encompasses preparing and considering resolution plans for banks, and the analysis of a wide range of data from multiple sources.Specific duties will include:

• Undertake resolution planning and resolvability assessments in relation to banks incorporated in the Isle of Man
• Review / contribute to the resolution planning and resolvability assessment processes led by Resolution Authorities of home jurisdictions in relation to bank branch operations in the Isle of Man
• Support the Technical Lead - Resolution and Deposit Compensation with matters within the team's remit
• Assess the recovery plans of banks, in conjunction with Supervision staff, to ensure that such plans are acceptable in the opinion of the Resolution function
• Provide an efficient and effective secretariat service to thecommittee, maintaining all relevant records in line with the Organisation's Corporate Governance requirements
• Develop and maintain effective relationships with relevant industry bodies and government agencies
• Develop relationships with peer Resolution Authorities and Compensation Scheme Managers in other jurisdictions, conducive to effective international co-operation and collaboration
• Conduct business meetings with the agreed portfolio of regulated entities in respect of resolution matters
• Ensure breaches, complaints and errors by regulated entities in relation to resolution and Depositors' Compensation are logged and reported to the Technical Lead in a timely manner and recommend remedial action
• Research and write letters, papers and reports on resolution and depositor compensation matters and contribute to the team's periodic reports to the committe and Board of the Organisation and the Organisation's Business Plan

The Ideal candidate for the role of Manager (Resolution and Deposit Compensation) will have:

• Industry experience in a compliance, assurance, risk or audit role
• Strong working knowledge in relation to risk and risk frameworks, including the ability to identify, evaluate, rate, manage and mitigate risks and the ongoing monitoring and review of risks
• Strong analytical skills, ability to quickly and accurately assimilate information, to consider any associated risks and to summarise the information effectively
• Proven ability to build and maintain working relationships with both internal and external stakeholders at all levels including the ability to influence and negotiate
• Hold or being working toward a relevent professional qualification
• Strong people management skills including the ability to lead the team to deliver the Divisional and FSA's objectives

Desirable:

• A working knowledge of the banking and money transmission sectors and associated legislation, regulation and guidance
• Proven experience working for a financial services regulator, ideally in a supervisory type role