At a Glance
- Tasks: Lead compliance initiatives and develop robust frameworks in a dynamic wealth management firm.
- Company: Expanding wealth management firm with a focus on innovation and regulatory excellence.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Opportunity to work on exciting regulatory projects and shape company culture.
- Why this job: Make a real impact in compliance while mentoring the next generation of professionals.
- Qualifications: 5+ years in compliance within financial services and strong communication skills.
The predicted salary is between 80000 - 100000 £ per year.
THE COMPANY
Our client is an expanding wealth management firm, offering a broad range of services across financial planning, investment management through to settlement and custody services. UCITs / Institutional Asset Management experience is required for this role.
THE RESPONSIBILITIES
- Develop, implement and maintain robust compliance framework, policies, and procedures in accordance with relevant regulatory requirements, industry best practices, internal guidelines and in conjunction with the Group GRC Director.
- Providing regulatory advice and guidance to all parts of the division including the board/senior management.
- Manage a small team, provide coaching and mentorship to junior team members.
- Ensuring effective implementation of anti-money laundering and counter-terrorism financing (AML/CTF) measures.
- Oversee regular risk assessments, compliance reviews, and audits to identify and address any compliance gaps or weaknesses.
- Stay up-to-date with regulatory developments, industry trends, and emerging risks to ensure timely implementation of necessary changes and enhancements to the compliance program.
- Develop, review, and maintain Compliance policies, procedures and information to the business, covering all core regulatory and legislative requirements.
- Providing advice and guidance to Group Compliance to assist them in embedding appropriate training and development to maintain ongoing competence in all areas.
- Feed into the Group thematic monitoring plan.
- Review and approve marketing material and presentations.
- Work in partnership with senior stakeholders across the pillar and wider business to implement and embed an appropriate culture that promotes an understanding and knowledge of regulation.
- Oversee regulatory returns submissions to all relevant authorities with particular emphasis on FCA returns.
- Contact point for compliance related queries by the ACD and ManCo.
- Assist in the Compliance due diligence process for ACD’s and ManCo’s.
- Monitoring, recording, and dealing with complaints against the regulated firm(s).
- Drafting and maintaining corporate governance documents in conjunction with Group policies.
- Have a good knowledge of topical and relevant regulatory regimes such as, but not limited to, MiFID 2, Consumer Duty, UCITS, ICAV, GDPR, SMCR and Consumer Duty regulations.
- Performing and supporting work relating to one-off compliance and regulatory projects, as these arise from time-to-time.
- To carry out other duties as may reasonably be required.
EXPERIENCE REQUIRED
- At least 5 years’ experience in a similar post in compliance within the financial services wealth sector.
- Demonstrated experience in developing and implementing compliance programs, policies, and procedures.
- Diploma (or equivalent) qualification in compliance, regulation and/or AML and Financial Crime.
- Exceptional communication and interpersonal skills, with the ability to effectively collaborate with stakeholders at all levels.
- Strong analytical and problem-solving skills with the ability to assess complex situations and make sound decisions.
- Excellent time management skills.
Head of Institutional Compliance – EXCLUSIVE in London employer: Compliance Professionals
As a leading wealth management firm, we pride ourselves on fostering a dynamic and inclusive work environment that prioritises employee development and collaboration. Our commitment to compliance excellence is matched by our dedication to providing comprehensive training and mentorship opportunities, ensuring that our team members thrive in their roles while contributing to a culture of integrity and innovation. Located in a vibrant financial hub, we offer competitive benefits and a supportive atmosphere that empowers our employees to make a meaningful impact in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Institutional Compliance – EXCLUSIVE in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Compliance Professionals looking for candidates who are engaged and informed.
We think you need these skills to ace Head of Institutional Compliance – EXCLUSIVE in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Compliance Professionals. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Compliance Professionals
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Compliance Professionals’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
