Course description
Senior Managers and Certification Regime - The Role of HR (Public Course)
It is no longer possible for HR professionals in financial services organisations to leave all regulatory matters and responsibilities in the hands of the Compliance department. Under the Senior Managers And Certification Regime (SMCR), regulation has extended into core areas of the traditional HR remit, such as the vetting of applications and applicants for significant roles, the nature of references and the setting and monitoring of core competencies and learning and development plans.
The successful implementation of SMCR calls for the full engagement of HR as well as providing a helpful platform from which to promote the value of the HR function to the business.
This focused workshop is specifically designed to help HR specialists contribute effectively to the implementation and ongoing operation of SMCR in their firms. The programme addresses the regulatory requirements that need to be met and provides an opportunity to update and refresh understanding of the regulators’ expectations. It also provides guidance on the practical steps HR can take to make SMCR a success within their organisations.
This course is designed for Participants from both dual (PRA and FCA) and solo (FCA) regulated firms.
Suitability - Who should attend?
Anyone responsible for key HR activities within a financial services organisation, including: Talent Management, Employee Benefits, Recruitment, Training, L&D, Organisational Development, Administration and Record Keeping. The course is also valuable for individuals in Risk, Compliance and Audit with responsibilities for monitoring HR activities.
Outcome / Qualification etc.
CPD hours: 4
- Keep up to date with the latest regulatory developments and priorities and the implications for HR
- Implement appropriate arrangements to meet the requirements of the Senior Managers Regime, Certification and the learning and development associated with the Conduct Rules
- Examine the impact of the SMCR requirements on key areas of the regime such as Fitness & Propriety, Ongoing Competence, Performance Management and Discipline
- Understand what the regulators expect of Senior Management Function holders and the HR processes and interventions needed to support them
- Establish key HR risks, controls and indicators in respect of regulatory requirements
- Understand how the SMCR fits into the bigger picture of effective governance, individual accountability and the development of the corporate culture
Course delivery details
This course will be delivered via a real time slide sharing and live audio-visual platform, accessible by desktop computer, laptop, tablet or smartphone. Participant numbers will be limited to ensure a high-quality learning environment.
Expenses
Course Fees: £575.00 + vat per person