GOVERNANCE, RISK AND COMPLIANCE (GRC)

Senior Managers and Certification Regime (SMCR)

Corporater SMCR simplifies the workflow, documentation, and reporting requirements of the Senior Managers and Certification Regime.

We offer software for actively managing the responsibilities of senior managers and monitoring conduct compliance. Corporater SMCR provides transparency and manages compliance actions and mitigations, as conditions change in real time. Dynamic coverage is provided across all certification, as employees on-board, exit and change roles.

Corporater has incorporated the FCA (Financial Conduct Authority) regulations into the solution to enable you to take immediate control through active management of responsibilities. Corporater SMCR offers the flexibility to be configured by your organization and be rapidly adapted as regulations change or exceptions appear.

Corporater Senior Managers and Certification Regime (SMCR)

Key Areas Supported

  • Map and actively manage the status of regulatory responsibilities for senior managers
  • Manage SMCR risks by creating and monitoring the mitigation plans
  • Monitor appropriate actions and tasks via business rules and workflow
  • Manage the acceptance of roles and responsibilities
  • Check status of roles, responsibilities and functional allocations
  • Automatically create required regulatory forms and reports, populated with current system data
  • Identify and monitor Material Risk Takers
  • Map and manage the status of certification and conduct
  • Manage the fit and proper process
  • Create CPD plans
  • Provide training and competence testing
  • Support recruitment processes
  • Record, report, and investigate possible breaches
  • Replicate an organization's exact hierarchical structure to align SMCR tracking
  • Import data from multiple sources and operational systems
  • Incorporate related SMCR documents, links and information

Key Features

  • Business framework support
  • Advanced traffic light settings
  • Meeting support
  • Assessments
  • Approval
  • Collaboration
  • Analytics
  • Reporting
  • Automatic data collection
  • Manual data collection
  • Workflow for process support
  • Access control
  • No coding - only configuration
  • Agile, flexible configuration environment operated by business users

SMCR Technology Consultation

If you would like to learn more about the Corporater SMCR, we invite you to a solution consultation.

Download Resource Gallery

Please complete the form below to request a SMCR technology consultation

SMCR Solution

Blog

06 Nov

Is technology a reasonable step to take for a good night’s sleep?

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24 Aug

Supporting SMCR with Technology- Ten Observations

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COMPONENTS and EXAMPLE SCENARIOS

  • Commentary and collaboration to advise users of changes to regime
  • Provide high level information on function and responsibility

COMPONENTS and EXAMPLE SCENARIOS

  • Individual senior manager pages
  • Accepted senior management functions (SMFs)
  • Accepted responsibilities
  • SMF removal requests
  • Rejected and removed SMFs

COMPONENTS and EXAMPLE SCENARIOS

  • Upload and import employee details
  • Import employee details and filter out any non-senior manager or certified personnel
  • Filter Senior Managers to verify key details

COMPONENTS and EXAMPLE SCENARIOS

  • Define senior management functions
  • Define prescribed responsibilities

COMPONENTS and EXAMPLE SCENARIOS

  • Define other responsibilities
  • Define culture and conduct rules
  • Manager removal requests from senior managers

COMPONENTS and EXAMPLE SCENARIOS

  • Assign senior managers to functions
  • Track progress of assignment, acceptance and FCA approval.

COMPONENTS and EXAMPLE SCENARIOS

  • Assign default prescribed responsibilities to functions
  • Set-up business rules to determine responsibility status

COMPONENTS and EXAMPLE SCENARIOS

  • Present overview of function assignments and progress
  • Present overview of responsibility assignments, progress and status.

COMPONENTS and EXAMPLE SCENARIOS

  • Dynamic management responsibilities map with allocation of functions and responsibilities.

COMPONENTS and EXAMPLE SCENARIOS

  • Alerts based on business rules, with the ability to assign to individuals and track progress

COMPONENTS and EXAMPLE SCENARIOS

  • Individual function pages
  • Function assignments and status
  • Default prescribed responsibilities assigned to function
  • Prescribed responsibilities assigned to senior managers
  • Initiatives for all responsibilities within function
  • Risk assessment of all prescribed responsibilities within function

COMPONENTS and EXAMPLE SCENARIOS

  • Individual responsibility pages
  • Risk identified for specific responsibility
  • Responsibility initiatives identified to mitigate risk

COMPONENTS and EXAMPLE SCENARIOS

  • Responsibility initiative overview

COMPONENTS and EXAMPLE SCENARIOS

  • Initiative risk profile

COMPONENTS and EXAMPLE SCENARIOS

  • Statement of responsibilities

COMPONENTS and EXAMPLE SCENARIOS

  • Other responsibilities

COMPONENTS and EXAMPLE SCENARIOS

  • The ability to monitor individual performance and undertake performance reviews

Testimonials

“As specialist consultants in The Senior Manager & Certification Regime, we believe Corporater has two key and necessary differentiators which help to address commonly experienced operational challenges when applying the regime: 1) the ability to ‘pull in’ and consolidate data from multiple systems across HR and Compliance, and; 2) a combination of business rules and the lack of a pre-defined data model, which enables the business to quickly adapt their solution to changes in staffing, organisational structure and regulation.”

Dan Ridler

BCS Consulting

“Corporater helps Compliance become an effective business partner, rather than an internal policeman. Their solution provides an essential combination of bespoke dashboards to monitor your responsibilities and the ability to capture the actions you take.”

Nick Jepson

Compliance expert, Mudbrick Limited

Get in touch with us for more information