At a Glance
- Tasks: Join our Compliance team to monitor regulations and support business initiatives.
- Company: LGT Wealth Management, a leading firm in wealth management with a focus on client-first service.
- Benefits: Competitive salary, professional development, and a supportive work culture.
- Other info: Opportunity for career growth and to work with senior stakeholders.
- Why this job: Shape the future of compliance in a dynamic environment and make a real impact.
- Qualifications: Experience in wealth management and strong understanding of FCA rules required.
The predicted salary is between 35000 - 45000 £ per year.
LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT. Our aim is to offer a fresh approach to wealth management. We have a presence in London, Edinburgh, Jersey, Leeds, Birmingham, Bristol, and Manchester. Our mission is to create long-term value for all stakeholders, and our culture encourages individuals to generate, develop, and implement ideas which will strengthen our business. Our core values are belonging, respect, integrity, conviction, and entrepreneurship.
Business Unit: The role of the Compliance Team is to establish, implement, maintain, and monitor adequate policies and procedures to ensure the Firm’s compliance with its obligations under the regulatory systems in which it operates and to counter the risk of financial crime. The team provides support to new business initiatives and advises on day-to-day issues.
Brief Role Objective: Member of the Compliance team reporting to the Senior Compliance Officer (Regulatory Compliance). The Regulatory Compliance team is responsible for regulatory developments, ESG topics, cross-border and fund compliance. This role will act as an SME in regulatory developments, ensuring LGT is ahead of changes within the regulatory landscape. This is an opportunity to shape the position and develop your skillset accordingly, working with senior stakeholders to influence policy, systems, and controls related to the regulatory landscape. The role also involves assisting with monitoring and testing as part of the Firm’s Compliance Monitoring Plan.
Key Responsibilities:
- Undertake regular horizon scanning to identify new regulation and regulatory changes impacting LGT WM and the wealth management sector.
- Develop a strong understanding of the Firm’s proposition and use this knowledge to analyse and assist in applying regulatory change to the Business.
- Assist in writing regulatory communications to stakeholders across the business, including Senior Management.
- Assist with the implementation of any regulatory developments impacting the Compliance department and wider business.
- Develop and maintain ongoing management information for the Management Board.
- Undertake regular compliance monitoring to assist the Monitoring team with the CMP.
- Undertake daily routine tasks, as appropriate.
- Support projects ensuring compliance with regulatory and legislative requirements.
Requirements
Key Skills and Technical Requirements:
- Good understanding of Wealth Management/Private Banking business gained through a minimum of 2 years of relevant experience.
- Demonstrable knowledge of various investment offerings and products.
- Good knowledge and practical experience of FCA rules, particularly COBS, is essential.
- Experience in interpreting and understanding regulations and regulatory communications.
- Excellent written and verbal communication skills.
- Industry or professional Compliance qualification desirable.
Other Skills and Attributes:
- Strong organisational skills including the ability to prioritise and meet critical deadlines.
- Excellent verbal and written communication skills.
- A team player but also able to work independently.
- Professional and keeps calm under pressure.
- Proficiency in Microsoft Office and Corlytics (regulatory tracking tool).
We are looking forward to receiving your online application. For any further information please do not hesitate to contact us.
Assistant Compliance Officer in London employer: LGT Bank
LGT Wealth Management UK LLP is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation and client-centric values drive our success. Our culture fosters personal and professional growth, encouraging employees to contribute ideas that enhance our services while ensuring compliance with evolving regulations. With a commitment to integrity and respect, we provide our team with unique opportunities to shape their careers in a prestigious firm backed by the Princely Family of Liechtenstein.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Compliance Officer in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at LGT Wealth Management. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching the company’s values and recent regulatory changes. Show us you’re not just another candidate; demonstrate how your skills align with our mission of putting clients first and ensuring compliance.
✨Tip Number 3
Practice your responses to common interview questions, especially those related to compliance and regulatory knowledge. We want to see your expertise shine through, so be ready to discuss your experience with FCA rules and investment products.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows us you’re genuinely interested in the role. Plus, it’s a great chance to reiterate why you’d be a perfect fit for the team.
We think you need these skills to ace Assistant Compliance Officer in London
Some tips for your application 🫡
Know the Company:Before you start writing, take a moment to understand LGT Wealth Management's mission and values. This will help you tailor your application to show how you align with their goals and culture.
Highlight Relevant Experience:Make sure to showcase your experience in wealth management and compliance. Use specific examples that demonstrate your understanding of FCA rules and your ability to adapt to regulatory changes.
Be Clear and Concise:When writing your application, keep it clear and to the point. Avoid jargon and ensure your communication is professional yet approachable, reflecting the values of integrity and respect.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!
How to prepare for a job interview at LGT Bank
✨Know Your Regulations
Make sure you brush up on the FCA rules, especially COBS. Being able to discuss these regulations confidently will show that you understand the compliance landscape and can contribute effectively to the team.
✨Showcase Your Experience
Prepare specific examples from your past roles that demonstrate your understanding of wealth management and compliance. Highlight any relevant projects or initiatives you've been involved in, as this will help you stand out.
✨Communicate Clearly
Since excellent communication skills are key for this role, practice articulating your thoughts clearly and concisely. You might even want to prepare a few regulatory communications as examples to share during the interview.
✨Demonstrate Team Spirit
While it's important to show your ability to work independently, don't forget to highlight your teamwork skills. Share instances where you've collaborated with others to achieve compliance goals, as this aligns with their core values.
