A prestigious private bank with a significant and growing presence in the UK is seeking a senior compliance officer with particular experience in the wealth and private banking space
Key Responsibilities
- Keep abreast of external regulatory and business developments and help develop and implement policies and procedures
- Analysis of regulatory developments
- Contribute to compliance reporting
- Contribute to improving the process and procedures to meet consumer duty principles
- Provide stakeholders with sound and timely advice
- Evaluate and advise upon proposed new products/ services and other business initiatives.
- Develop, draft and support training
- Review of regular reports related to complaints
- Identify, investigate and escalation regulatory compliance risks.
- Support management and the team through active participation in regular team and 1-2-1 meetings
- Partner with business stakeholders
- Lead and participate in group projects as appropriate
- Work within the team to help identify areas for improvement
- Support the team and act as cover for other members where required.
- Support more junior members of the team
- Develop and sustain technical knowledge across the products and services
- Consider treating customers fairly and good customer outcomes in all activities.
- Ensure management are kept informed of key risks and issues.
About You:
- Strong knowledge of UK financial regulations including but not limited to: MiFID II, Consumer Duty, FCA rulebook
- Strong understanding of high-risk and complex investment products
- Proven experience in Compliance within wealth management or private banking
- Proven ability to assess and analyse information
- Proven ability to interpret regulation, identify risks and analyse potential control gaps
- Strong attention to detail and focus
For further information please contact Natalie Eshelby
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Senior Compliance Officer- Wealth Management employer: Compliance Professionals
As a leading private bank in the UK, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee development and well-being. Our commitment to compliance excellence not only ensures a rewarding career path for our Financial Crime Compliance Lead but also offers unique opportunities for professional growth through continuous training and mentorship. Join us to be part of a prestigious institution where your expertise in wealth management will be valued and your contributions will make a meaningful impact.
