At a Glance
- Tasks: Join the Compliance team to ensure our firm meets regulatory standards and combats financial crime.
- Company: Dynamic wealth management firm focused on compliance and innovation.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career growth and to work with senior stakeholders.
- Why this job: Shape compliance policies and make a real impact in the financial sector.
- Qualifications: 2+ years in Wealth Management/Private Banking with strong knowledge of FCA rules.
The predicted salary is between 40000 - 50000 £ per year.
The role of the Compliance Team is to establish, implement, maintain and monitor on behalf of the Firm’s Governing Board and Management Board, adequate policies and procedures sufficient to ensure the Firm’s compliance with its obligations under the regulatory systems in which it operates and to counter the risk the Firm may be used to further financial crime. In addition, the team provides support to new business initiatives and advises on day to day issues which may arise.
Brief Role Objective
Member of the Compliance team reporting to the Senior Compliance Officer (Regulatory Compliance). The Regulatory Compliance team is responsible for, amongst other things, regulatory developments, ESG topics, cross border and fund compliance. This role will be acting as an SME in regulatory developments, ensuring LGT is ahead of the curve with changes and developments 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. In addition to the above, this also involves some involvement in and 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 which will impact LGT WM and the wealth management sector.
- Develop a strong understanding of the Firm’s proposition (locally and across entities) 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 to Senior Management.
- Assist with the implementation of any regulatory developments which impact 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
- Minimum of 2 years of relevant experience in Wealth Management/Private Banking with a good understanding of investment offerings and products.
- Demonstrable knowledge of FCA rules particularly COBS and practical experience interpreting regulations.
- Excellent written and verbal communication skills.
Key Skills and Technical Requirements
- Good understanding of Wealth Management/Private Banking business gained through a minimum of 2 years relevant experience.
- Demonstrable knowledge of the various investment offerings and products.
- Good knowledge and practical experience of FCA rules particularly COBS.
- 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.
IT
- Corlytics (regulatory tracking tool)
- Proficiency in Microsoft Office.
Assistant Compliance Officer employer: LGT Wealth Management UK LLP
LGT is an exceptional employer, offering a dynamic work environment where compliance professionals can thrive and develop their expertise in the wealth management sector. With a strong focus on employee growth, LGT provides opportunities to engage with senior stakeholders and influence key regulatory policies, all while fostering a collaborative culture that values innovation and integrity. Located in a vibrant area, employees benefit from a supportive atmosphere that encourages continuous learning and professional development.
Contact Details:
LGT Wealth Management UK LLP Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Compliance Officer
✨Tip Number 1
Network like a pro! Reach out to people in the compliance field, attend industry events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Assistant Compliance Officer role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA rules and recent regulatory changes. We recommend creating a cheat sheet of key topics to discuss, so you can impress your interviewers with your expertise and confidence.
✨Tip Number 3
Showcase your communication skills! Whether it’s during an interview or networking, make sure to articulate your thoughts clearly. We want to see how you can convey complex regulatory information in a way that’s easy to understand.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search and genuinely interested in joining our team.
We think you need these skills to ace Assistant Compliance Officer
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Assistant Compliance Officer role. Highlight your relevant experience in Wealth Management and your understanding of FCA rules. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance and how your background makes you a great fit for our team. Keep it concise but impactful – we love a good story!
Show Off Your Communication Skills:Since excellent written communication is key for this role, make sure your application is clear and well-structured. We appreciate attention to detail, so proofread your documents before hitting send!
Apply Through Our Website:We encourage you to apply through our website for the best experience. It’s super easy and ensures your application gets to us directly. Plus, you’ll find all the info you need about the role there!
How to prepare for a job interview at LGT Wealth Management UK LLP
✨Know Your Regulations
Make sure you brush up on FCA rules, especially COBS. Being able to discuss these regulations confidently will show that you’re not just familiar with the compliance landscape but also ready to tackle any challenges that come your way.
✨Showcase Your Experience
With a minimum of 2 years in Wealth Management or Private Banking, be prepared to share specific examples of how you've interpreted regulations or implemented compliance measures. This will demonstrate your practical knowledge and ability to apply it effectively.
✨Communicate Clearly
Since excellent written and verbal communication skills are key for this role, practice articulating your thoughts clearly. You might even want to prepare a brief summary of a regulatory change and how it impacts the business to showcase your communication prowess.
✨Stay Organised
The role requires strong organisational skills, so think about how you manage your tasks and priorities. Be ready to discuss your methods for keeping track of compliance monitoring and how you ensure deadlines are met without compromising quality.
