• 2.6.2 Licensing and authorisation (analysis)


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    Description of role

    Responsible for validating the licensing application at the initial application stage as well as by change of scope, check fit and proper requirements for new licensees and on an on-going basis during the lifetime of a licensee

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    Core technical skills

    • Ability to analyse compliance of applicants with respect to requirements of licensing
    • Knowledge of asset management firm operating models
    • Familiarity with the impact of new licenses in the specific area of asset management and the wider sector
    • Knowledge of the implications of asset management firm operating models on the wider financial sector
    • Knowledge of complex ownership structures and key risks inherent in each structure
    • Knowledge of how to perform checks on owners, management, and other key personnel (e.g. Fit and Proper testing).Demonstrate capability to interpret financial models, financial statements, and risk measures
    • Articulate the impact and risk of the proposed entity on the financial sector and wider economy
    • Capability to validate complex financial projections
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    Qualification and/ or certification

    • QFSQF Level 3
    • Relevant experience