The Legal, Risk & Compliance Manager is responsible for the execution of the compliance monitoring plan in line with the strategy and policies set out for the USA business and should ensure a high standard of compliance is maintained at all times.
Consistently and independently carry out audits of internal processes across the business in line with the compliance monitoring plan.
Reviewing and analyze Monevo’s compliance with state regulatory requirements.
Perform horizon scanning to keep up-to-date with all associated rules and legislation.
Assist with the creation and design of compliance monitoring templates.
Assist with the creation of compliance policy.
Assist the legal team with legal document compliance clause review.
Provide good and balanced feedback and recommendations for change at all levels across the business.
Review financial promotions in line with regulatory and best practice standards.
Manage and respond to formal and informal complaints.
Identify and record risks and regulatory breaches.
Provide reports and MI data where appropriate.
Challenge behaviours and processes at a senior level.
Manage compliance related communication between Monevo’s marketing partners, partner solutions team, and financial institution partners.
Manage the review process for new partner onboarding on both sides of the Monevo marketplace.
Communicate significant issues to management; make recommendations when weaknesses are identified.
Recommend enhancements and process improvements based on assessment of available regulatory compliance systems and processes.
Develop/improve compliance practices and documentation focusing on marketing, onboarding, remediation, QA, and identification of early risk indicators.
Research and report on regulatory compliance development and make suggestions to related compliance policy and procedure enhancements.
