Compliance Manager, Wealth Advisory in London

At Rathbones, we help people invest their money well, so they can live well. That means more than financial returns – it’s about helping people feel confident in their decisions and supported in their future. We don’t just manage money, we guide people through life’s big moments, helping them stay on track and focus on what matters most.

We’re proud to be one of the UK’s leading wealth managers, with over £109bn in assets under management and 20+ offices across the UK and Channel Islands. We’re a FTSE 250 company with national reach and a local feel – and we’re growing.

Sitting within the 2LOD Compliance Advice Wealth Advisory team, the primary purpose of this position is to support the Compliance Advice Wealth Advisory team with the provision of regulatory and compliance advice to the RIM Investment Management business.

What you’ll be responsible for:

• Providing day to day Compliance Advice to the RIM business.
• Supporting the Wealth Advisory team with the provision of accurate and timely Compliance advice, identifying and investigating regulatory breaches and non-compliance with Group standards and supporting their resolution.
• Assisting with the review and challenge of business proposals and projects relating to Investment Management including assisting with the Investment Process and Product Governance arrangements.
• Assisting the Compliance Senior Manager with ensuring advice provided to RIM is documented accurately in monthly reports.
• Ensuring business processes and controls are fit for purpose providing pro-active advice where needed to ensure good client outcomes.
• Taking a proactive, hands-on approach when responding to queries and making recommendations and looking for improvements in client facing oversight and governance processes.
• Being the Compliance lead on any relevant ad-hoc project work, including the implementation of new regulatory policies and/or regulatory change as required.
• Ensuring potential individual and corporate conduct breaches are escalated to the Senior Compliance Manager and remediation of the breach is carried through including providing guidance with procedures, training and escalation.

About you:

• Good understanding of financial services and the regulations applicable to RIM.
• Strong team player with good interpersonal and excellent communication skills – both written (report writing) and verbal.
• The ability to engage in open dialogue and provide pragmatic solutions.
• Comfortable taking initiative and working across multiple business lines/jurisdictions.
• Ability to identify issues and take a risk-based approach towards escalations to Compliance Senior Manager.
• Able to work effectively within a team or autonomously as required.
• Able to provide supervision or matrix management of others for specific tasks where required.
• Able to engage with the business in a credible and collaborative fashion along with the promotion of trust and integrity.
• Significant hands-on experience of working in a financial services business.
• CISI Diploma in Investment Compliance desirable.

Our offer to you:

We want everyone at Rathbones to fulfil their potential, in an environment where you are proud to work and feel like you belong. We offer a comprehensive remuneration package, which we review regularly, and benefits include:

• A company pension - 9% non-contributory or 10% if you contribute 5%
• Private medical insurance – Individual on joining, family after 1 year’s service
• Life assurance - 8 x salary
• Income protection – 75 % salary
• Company share scheme
• Discretionary bonus
• Flexible holidays – purchase up to 5 additional days
• Green Car Scheme
• Family friendly policies – enhanced family leave for parents & carers
• Study support – study days and funding for courses and qualifications
• Season travel ticket loans
• Volunteering days
• Gym discounts
• Other voluntary benefits you can choose to suit you

Our employees can choose to take part in various social groups and communities to support their wellbeing, growth, development and sense of community. These include:

• Sports & Social Committees, such as cricket, football, netball, running, yoga, quiz nights, charity bake sales and much more.
• Inclusion Networks that help us drive change within the organisation such as Gender Balance, Multicultural, Abilities Count, Pride, Social Mobility, Generations, Menopause Matters@Rathbones and Armed Forces.
• The NextGen IM Network, which brings together a community of trainees from across the UK, who are all at the early stages of their careers and offers development opportunities, exposure across the business as well as peer support and connection.

Life at Rathbones:

We aim to become an employer of choice for the wealth management sector, to achieve this we are working hard to build a diverse, equal, and inclusive workplace that motivates, develops and embraces the strengths of all our colleagues. Being part of Rathbones means you will join a team of passionate professionals in a successful culture that cares for its people. At Rathbones, we provide meaningful work, opportunities, and a voice to all. We are committed to building a team that is made up of diverse skills, experiences and abilities and encourage applications from all backgrounds. We welcome individuals who share our values. We’re a Disability Confident Employer (level 2) under the UK Government scheme. This means we’ve signed up to a set of commitments around how we recruit, retain and develop people with disabilities.

If you require adjustments to apply for a role at Rathbones, please contact us via recruit@rathbones.com to let us know what adjustments you may need.

Mission:

We believe in playing the long game. That means building consistent results, earning trust and doing the right thing — for our clients, our colleagues and the communities we’re part of. Our values shape how we work:

• We aim high
• We get it done
• We show we care
• We do the right thing

These aren’t just words on a wall. They guide how we treat each other, how we make decisions and how we build relationships that last. We will close this advert once we have received enough applications for the next stage. Please submit your application as soon as possible to ensure you don’t miss out.