This is a newly created role for a growing Private Bank who are looking for an ambitious individual to provide supervision advise to front office as well as assisting with compliance and regulation. This is a unique opportunity to be part of the growth and expansion of a firm, with significant senior stakeholder interaction. The idea candidate will be highly ambitious and able to utulise the career progression and development on offer. Outstanding benefits package.
* To provide day to day compliance support to client facing staff of the company (covering COBS, SYSC, MAR, SUP, JMLSG, Data Protection, EU Directives). * Perform sales supervision support and 1st level business assurance review (e.g. suitability, cross border activities) for client facing advisors and review for market abuse. * To perform and document a range of tests as set out in the Compliance Monitoring Programme relating to front office compliance matters. (e.g. Annual/periodic review checks, Client file checks, periodic discretionary account reviews etc.) * To advise on, review and approve financial promotions for issue in the UK. * In conjunction with the MLRO, to undertake prevention of money laundering tasks including suspicious transactions monitoring, review of account opening and monitoring of sanctions. * To undertake the prevention of market abuse tasks including transactions surveillance PA dealing permissions and maintenance of Insider and Restricted lists. * To assist in the analysis and roll-out of all key regulatory developments impacting the firm, including advice and training for front office staff. Perform face to face compliance training for front office teams across a number of core regulatory topics and legislation (e.g. Training & Competence, TCF, PAD, conflicts, marketing, cross border, sales supervision) * To support full compliance with the regulatory & compliance framework that the company operates within and according to the principles of industry best practice. * Review of proposed new business activity and review/advice to client advisors on material for Client Governance Committee reviews and sign off. * Maintain the risk management registers and heatmap. * Maintenance / Management of Conflicts register for the firm. * Member of the Risk and Compliance committee.
Required Skills & Experience:
* Team player able to balance the needs of compliance and risk management with business growth objectives. * An understanding of the wealth and asset management industry in the United Kingdom. * A sound knowledge of laws, regulations and practice applicable to an FCA-regulated private bank, wealth or asset manager. * Education to degree level.
The Compliance Practice at Charles Levick support Permanent, Contract and Interim recruitment specialising in requisitions ranging from entry level Compliance Assistants through to Senior Level Appointments. Our focus spans Financial Services to include both Buy and Sell side Capital Market organisations, Private and Wealth Management, Insurance, Life and Pensions, Consultancy and Third Party Market providers.