Executive - Enterprise Risk and Regulatory Affairs

IQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide.

IQEQ is a preeminent service provider to the alternative asset industry. IQEQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO/controller and administration services to private equity fund investments – portfolio companies, real estate assets and energy assets. Our client base is growing, and our existing clients are engaging the firm across the spectrum of our services offerings.

Responsibilities

The Senior Associate: Enterprise Risk and Regulatory Affairs will provide support:

• to the attainment of the overall objectives of the Enterprise Risk and Regulatory Affairs Department.
• in the planning, design and implementation of the enterprise-wide risk governance framework.
• to formulate regulatory and personal compliance policies, best practices and processes, attend to complex queries.

Tasks

• To draft Enterprise Risk, Regulatory Affairs and Personal Compliance local policies, procedures, processes, guidance notes, as appropriate
• To assist in conducting an enterprise and regulatory risk assessment of all products, technology and business practice at IQ-EQ Mauritius cluster (“IQ-EQ MU”) in accordance with an agreed plan
• To provide support in identifying, analysing and disseminating the latest regulatory information
• To provide day to day advice and support to Client Compliance and Client Delivery on basic queries arising from the formulation, implementation and interpretation of the policies, best practices and processes
• To assist in conducting compliance monitoring and/or risk reviews in accordance with the annual Review Planner and reporting process for onward communication to the reporting lines and Senior Management
• To assist in the investigations and maintenance of Incidents/Risk Events and Complaints Registers
• To provide support in other compliance and risk management deliverables
• To ensure protections of information assets of IQ-EQ MU and to abide by the ISMS in place at IQ-EQ MU
• Conducting operational audits and review to identify controls deficiencies, conduct risk assessments and come up with remedial actions.
• Provide support in conducting Risk Events assessments and root cause analysis (experience with working on MetricStream would be an advantage)
• Provide support in the implementation and maintenance of the Operational Risk Management Framework
• Monitoring and reporting of Key Risk Indicators for different Business Units.
• Assist in Complaint Handling, including conducting investigations to determine root cause of the complaint.
• Assist in the conducting Risk Control Self Assessments (RCSA) and Business Impact Assessments (BIA)
• Basic knowledge of Business Resilience Framework and Business Continuity Plan.
• Provide support in risk reporting deliverables towards Risk/Audit Committee, Senior Management Team and Board
• Support in the assessment of regulatory risk through gap analysis
• Assist in the implementation and maintenance of the Personal & Ethics Compliance Framework

Key competencies for position and level

• Customer focus
• Collaborates
• Good researcher
• Good Analytical Skills
• Detailed Oriented

Expected key behaviours

In addition to demonstrating our Group Values (Authentic, Bold, and Collaborative), the role holder will be expected to demonstrate the following:

• Accuracy
• Attention to detail
• Collaboration
• Organisation
• Proactivity

Required Experience

Education / professional qualifications

A degree from reputable university, preferably in the field of finance or financial services or directly related to compliance and risk functions with sufficient work experience to compensate.

A postgraduate degree or professional qualification in the field of Compliance and Risk Management would be an advantage.

Background experience

At least 2-4 years’ experience in the financial services sector and preference given to experience in Risk Management and Compliance

Experience in a similar role would be an advantage.

Technical

Good knowledge of compliance, risk and of regulatory framework.

Computer / program knowledge

Good Office tools skills and good knowledge of Excel modelling tools

At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.