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 30000 - 40000 £ 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.
IT
- 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 in London employer: LGT Wealth Management UK LLP
As a Compliance Monitoring Analyst at our firm, you will thrive in a dynamic work culture that prioritises integrity and collaboration. We offer comprehensive training and development opportunities to enhance your skills in regulatory compliance, alongside a supportive environment that encourages innovation and continuous improvement. Located in a vibrant area, our firm not only values your contributions but also promotes a healthy work-life balance, making it an excellent place for meaningful and rewarding employment.
Contact Details:
LGT Wealth Management UK LLP Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Monitoring Analyst in London
✨Get Involved in Compliance Communities
Join local compliance or risk management networks and communities, like the International Compliance Association, where you can connect with professionals already in the field. These networks often have events and webinars that can help you learn and meet potential employers. Don’t be shy, ask questions and show your eagerness to learn!
✨Attend Industry Conferences
Look out for compliance and risk management conferences in your area or even virtual ones. These are great opportunities to meet industry leaders and learn about the latest trends. Plus, you never know when you’ll bump into someone from LGT Wealth Management UK LLP who might be looking for fresh talent like you!
✨Leverage Internship Opportunities
As you’re aiming for an entry-level position, keep an eye on internship openings. Even a short internship can give you valuable exposure and connections in compliance-risk, so apply widely! We recommend checking out our website for any opportunities at LGT Wealth Management UK LLP that might inspire you.
✨Showcase Your Knowledge
Create a blog or use social media to share your insights about compliance and risk topics. This not only enhances your visibility but also shows potential employers, like LGT Wealth Management UK LLP, that you’re passionate and knowledgeable about the field. It could be the thing that sets you apart from other candidates!
We think you need these skills to ace Compliance Monitoring Analyst in London
Some tips for your application 🫡
Show Off Your Attention to Detail:In the compliance-risk field, it's all about catching the little things. Make sure your application materials are free from typos or inconsistencies. Your CV should reflect your ability to spot errors and present information clearly—this is a crucial skill in compliance!
Highlight Relevant Coursework or Certifications:If you’ve taken any courses related to risk assessment or compliance, be sure to mention them. Even entry-level roles appreciate a solid foundation in the principles that guide the industry. Certificates, internships, or projects related to compliance will really make you stand out!
Keep It Professional, Yet Accessible:While we’re all for being a bit informal at times, remember that compliance-risk is a serious field. Your cover letter should reflect your enthusiasm and willingness to learn while maintaining a professional tone. Don’t just say you’re keen on the job—show it with clear reasons why you want to join LGT Wealth Management UK LLP.
Tailor Your Application to Fit the Role:When applying for an entry-level position, specifically align your skills and experiences with the job description for Compliance Monitoring Analyst at LGT Wealth Management UK LLP. Talk about why you’re interested in compliance-risk and how your background, even if it’s academic, makes you a good fit!
How to prepare for a job interview at LGT Wealth Management UK LLP
✨Know Your Compliance Basics
Brush up on the fundamental concepts of compliance and risk management. You might be asked to explain key regulations or compliance frameworks relevant to the role at LGT Wealth Management UK LLP. Having a clear understanding will show your enthusiasm and preparedness for the entry-level position.
✨Get Familiar with Specific Tools
Be prepared to discuss any compliance software or tools you’ve encountered, even through coursework. Entry-level roles often use systems like SAP GRC or similar. If you can show familiarity or even a basic understanding of these tools, it’ll give you an edge in the interview.
✨Show Your Analytical Skills
Expect some scenario-based questions where you’ll have to analyse risk situations. Practice breaking down problems and articulating your thought process clearly. This is a key part of working in compliance and will demonstrate that you’re ready to tackle real-world issues at LGT Wealth Management UK LLP.
✨Highlight Your Willingness to Learn
As this is an entry-level position, your eagerness to develop and grow is crucial. Discuss any relevant courses or projects you’ve done that show your commitment to improving your skills in compliance and risk management. Show them you’re keen to soak up knowledge and contribute at LGT Wealth Management UK LLP!
