Description
The aim of this role is to conduct a focussed Compliance-based monitoring programme, covering Private Client Investment Management and associated services, and to provide sound regulatory advice to those delivering customer-focussed investment services.
Qualifications required:
- Relevant investment and/or compliance industry qualification essential (CISI or similar)
- Must be able to communicate to a high level both orally and in writing.
Background and experience necessary:
- Demonstrable UK experience in monitoring and reviewing Private Client investment management services in a Private Bank, Asset Manager, or similar organisation, preferably in a Compliance role.
- Detailed regulatory knowledge required, covering Conduct of Business (COBS) and Client Assets (CASS) sourcebooks as a minimum.
- Knowledge of other FSA sourcebooks an advantage.
- Ability to analyse and communicate regulatory change to business areas.
Principal duties and responsibilities:
- To review and assess the quality and standards of the Wealth Management department, including Private Client suitability reviews, Investment Research, Dealing, Execution and Custody operations.
- To aid the Deputy Compliance Manager in reviewing, analysing, and providing policy advice to the Wealth Management business on new regulatory requirements, as directed.
- To monitor and review the implementation of recommendations agreed with the business.
- Complete required internal and regulatory returns in agreed time frames.