Tell us about your role and what you enjoy about it.
As Compliance Manager it is my role to ensure the business activities of the firm are carried out within the regulatory framework. It is my responsibility to manage the risks within the business and to establish, implement and maintain adequate policies and procedures to mitigate these risks.
Although the compliance function operates independently, I get involved with all areas of the business at all levels, which is what I enjoy most about my job. Much of my time is spent monitoring and testing our systems and controls, although on a typical day could be spent reviewing client files, signing off financial promotions, reporting management information to the partnership, monitoring the previous days transactions and advising staff on regulatory issues and rules.
What have been the biggest challenges to the sector in recent years?
Significant changes in regulation have been a constant factor and challenge within the regulatory environment during recent times. The new hot topic and the next big piece of regulation to impact the industry will be the 2nd Markets in Financial Instruments Directive (MIFID 2), which will have a widespread impact on financial firms, markets and market participants early 2017.
What was your finest hour?
Passing the old “Reggie Rep” exam in 2009 and becoming a Registered Representative of the London Stock Exchange!
What keeps you awake at night?
At times I find it difficult to switch off from work as keeping up with and implementing the constant changes under the regulatory regime can be very challenging, so I have had probably more than my fair share of sleepless nights!
James Sharp's offices have wonderful panoramic views of Bury – what's your favourite part?
Being located on the top floor means we have the best views from the Exchange Building. On a clear winter's evening we get the most amazing sunsets!
Name three things you can't live without.
My family (husband and son), my caravan on Anglesey and perfume.