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Manager, Regulatory Policy
Reference	bs/6a7d8a04/00019694
Employer	RBS
Sector	Compliance / Legal
Salary	Negotiable
Town/City	Edinburgh
Locations	Scotland
Contract Type	Permanent
Date Posted	19/02/2010 20:58:00

Job Description

Job Description
Role Purpose To promote effective compliance with relevant legislation, regulations and RBS Group standards and policies in all Wealth UK businesses, having particular regard to the Lending Code- Key Accountabilities

To proactively keep abreast of changes in legislation and regulation, liaise with other divisions/external bodies, and advise the business of the compliance implications-
To be responsible for ensuring that the Wealth UK FSA permissions remain relevant and up to date-
Obtain and maintain the library of non-financial FSA waivers for all Wealth UK firms-
To assist in the administration of the Wealth UK Upstream Risk Forum(s)-
To provide regulatory input, as appropriate, in the setting of standards and policies, and promote best practice across Wealth businesses-
To lead the production and monitoring of the Wealth Regulatory Risk Operational plan-
To assume responsibility for maintaining a current and relevant Regulatory Risk manual-
Where appropriate, provide training material to staff/management on regulatory related issues and porivde ongoing support and guidance to ensure they are made aware of changes to regulation that may impact on their business-
Assisting as required with FSA, RBS Group Risk, RBS Group Internal Audit, external auditors and other regulatory bodies-
To provide advice and guidance to the business on the FSA Approved Person regime-
To provide advice and guidance to the Adam businesses at all levels on Lending Code issues and to manage the relationship for Adam & Company with the Lending Code Standards Board-
To provide regulatory advice to specific projects and/or support others with more complex projects, as required-
To be the Administrator for FSA Firms Online, TRS & GABRIEL repoprting systems for the Adam businesses-

Responsibilities
Other significant role requirements:

Ability to influence/leverage relationships with Executive/Senior Management-
Ability to assimilate complex regulatory policies/procedures and provide timely and pragmatic commercial solutions, recognising local cultural and business norms and practices-
Role holder must have the ability to clearly and effectively identify and escalate issues to appropriate senior staff within the Group-

The Individual
Professional Qualification Requirements : Ideally Securities Institute Diploma in Investment Compliance or similar, but not essential-