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: 2 years in Wealth Management/Private Banking and strong understanding of FCA rules.
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, and Bristol. 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.
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 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.
Your profile
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.
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.
IT: Corlytics (regulatory tracking tool)
Assistant Compliance Officer in London employer: LGT Vestra LLP
LGT Wealth Management UK LLP is an exceptional employer that prioritises client-centric values and fosters a culture of integrity, respect, and entrepreneurship. With a commitment to employee growth, the firm offers opportunities to shape your career in compliance while working alongside experienced professionals in a dynamic environment. Located in London, with additional offices across the UK, LGT provides a unique chance to be part of a prestigious organisation backed by the Princely Family of Liechtenstein, ensuring a rewarding and meaningful career in wealth management.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Compliance Officer 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 LGT Vestra LLP looking for candidates who are engaged and informed.
We think you need these skills to ace Assistant Compliance Officer 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 LGT Vestra LLP. 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 LGT Vestra LLP
✨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 LGT Vestra LLP’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
