Shoosmiths LLP is authorised and regulated by the Solicitors Regulation Authority (SRA) and is also recognised as a multi-national practice with the Law Society of Scotland which regulates Scottish activities. Additionally, Shoosmiths (Northern Ireland) LLP, is a limited liability partnership registered in Northern Ireland and is authorised and regulated by the Law Society of Northern Ireland.
Shoosmiths LLP is also currently authorised and regulated by the Financial Conduct Authority (FCA) to carry out debt collection, debt administration and mortgage administration, as well as non-mainstream financial services of insurance mediation and investment services.
Shoosmiths has four practice divisions, one of which is the Business Assurance Division (BAD). BAD has four departments one of which is Risk and Litigation Services (RLS). RLS has 6 teams, four of which provide FCA regulated recovery services and are collectively known as Regulated Recoveries.
The role reports to the Head of Regulated Recoveries Compliance. Shoosmiths Regulated Recoveries Compliance is part of the national Quality and Risk (Q&R) Directorate team, which leads and develops Shoosmiths 2nd line of compliance defence. The dedicated Recoveries Compliance team primarily oversees compliance with relevant FCA, and other associated financial services regulation. The Regulated Recoveries Compliance team provides independent monitoring of the design and operation of controls undertaken in the first line of compliance defence, as well as providing regulatory advice and facilitating risk management activities. This is primarily to support the Regulated Recoveries teams within RLS.
The Regulated Recoveries Compliance Monitoring Officer will provide monitoring and review support to the Recoveries Services Group across its offices in England, Scotland and Northern Ireland. |