At a Glance
- Tasks: Assist in executing compliance tests and improve testing processes.
- Company: Join a leading firm focused on regulatory compliance and financial integrity.
- Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on collaboration and support.
- Why this job: Make a real difference in preventing financial crime while developing your skills.
- Qualifications: 1-2 years in compliance or monitoring, strong analytical and communication skills.
The predicted salary is between 35000 - 45000 £ 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
To assist in the execution of the testing required as part of the Firm’s annual Compliance Monitoring Plan (“CMP”).
Key Responsibilities
- Assist in the execution of the testing required as part of the Firm’s annual CMP.
- Carry out testing independently or with the Head of Compliance Monitoring.
- Ensure testing is performed in accordance with the CMP and meets strict deadlines to enable prompt reporting.
- Continuously suggest improvements to the design and content of test scripts, driven by past experience, previous test results, regulatory focus, changes to internal systems, new businesses, staff turnover or customer complaints.
- Assist the Head of Compliance Monitoring in gathering data, documents and other Management Information required for testing.
- Write up findings/recommendations, agree responses with the area under review and present the findings/recommendations as part of the CMP Report.
- Properly record all recommendations and actions resulting from reviews undertaken and pro-actively chase these until resolution.
- Provide ad-hoc support to the wider team as required.
Key Skills and Technical Requirements
- Good understanding of the wealth management business, gained through a similar role or roles.
- Good knowledge of the FCA Handbook and other relevant sources of regulation.
- Ability to keep up to date with, analyse and interpret relevant regulatory requirements and developments, and where appropriate link those developments to the CMP.
- Minimum 1‑2 years’ experience, ideally within monitoring.
Other Skills and Attributes
- Motivated and conscientious with strong interpersonal skills.
- Excellent organisational skills, including the ability to prioritise and meet deadlines.
- Ability to produce well‑structured, accurate written communications (in terms of technical knowledge, grammar and spelling).
- Ability to question politely but firmly to obtain accurate answers to questions asked as part of any testing undertaken.
- Ability to work both independently and as part of a team, collaborating with other colleagues throughout the Firm.
- Team player who supports other members of the wider Legal and Compliance team.
- Proficient in the use of Microsoft Excel and Word.
- Experience in using Microsoft Power BI is an advantage.
- Experience of using FCA reporting portals is an advantage.
Compliance Monitoring Analyst employer: LGT Wealth Management UK LLP
As a Compliance Monitoring Analyst at our firm, you will be part of a dynamic and supportive team dedicated to upholding the highest standards of regulatory compliance. We pride ourselves on fostering a collaborative work culture that encourages professional growth and continuous learning, with ample opportunities for career advancement. Located in a vibrant area, we offer competitive benefits and a commitment to employee well-being, making us an excellent employer for those seeking meaningful and rewarding work.
Contact Details:
LGT Wealth Management UK LLP Recruitment Team
