• 2.6.4 Fiduciary risk management


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    Description of role

    Responsible for the assessment and control of fiduciary risk in an institution i.e. ensuring the fund managers act in the best interest of clients     

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    Core skills

    • Ensuring alignment of investment decisions with Investment policy statement
    • Knowledge of fiduciary risk indicators
    • Knowledge of identification, measurement and control of risks arising from fiduciary activities
    • Ability to identify suspicious trading patterns that are not in line with client profile
    • Understand different types of trust litigation

         

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    Qualification and/ or certification

    • QFSQF Level 2
    • QFMA CISI (mandatory)
      • International Introduction to Securities and Investment
      • QFMA Rules and Regulation
      • International Introduction Award
      • Certificate in Risk in Financial Services
    • Investment Operations Certificate

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    Industry knowledge

    • Knowledge of banking industry

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    Regulatory compliance of role

    • Knowledge of banking regulatory framework
    • AML laws and regulations