THE COMPANY:
Our client is a successful Private Bank based in the City. They are looking for a Compliance Officer with Wealth/Asset Management experience in Policy and Advisory.
THE RESPONSIBILITIES:
* To carry out activities, as allocated, in line with the compliance department areas of responsibility to help mitigate conduct and regulatory risks.
* To support oversight of regulatory processes across the business ensuring compliance with regulatory requirements and internal policies and procedures.
* Where appropriate, to support decisions regarding conduct and regulatory risks, including review and challenge of business initiatives and processes.
* Where appropriate, to raise and escalate issues and ensure these are appropriately resolved.
* To support the development and implementation of training requirements based on the outcome of departmental activities and as part of the wider Compliance training plan.
* To assist in business and compliance projects, ensuring that all regulatory requirements are met.
* To contribute to regular daily/weekly/monthly activities as required.
* To ensure that all internal and external deliverables, including FCA and PRA returns, notifications and applications) are completed in a timely fashion and to a high quality.
* To undertake day to day compliance tasks depending on the needs of the team.
* To represent the team internally and the Bank at compliance related events and working groups, as and when requested, and providing feedback to the team and the wider business where appropriate.
* To proactively engage with professional bodies and trade bodies in order to enhance the firm’s knowledge base.
* To maintain knowledge of the regulatory environment and where relevant technical knowledge and apply knowledge to the business as required.
* Responsible for managing risks inherent to the role by diligently observing internal policies and procedures.
EXPERIENCE REQUIRED:
* Experience working within a generalist Compliance role, ideally within the wealth management/private banking sector.
* Good / very good, practical understanding of FCA regulation and all other relevant regulations to the firm.
* Understanding of how the regulatory environment applies to Group desirable.
* Good verbal and written communication skills.
* A practical understanding of Excel spreadsheets, access databases and web-based applications.
For further information please contact Hannah Tabatabai