At a Glance
- Tasks: Lead regulatory and risk management initiatives in Wealth Management Europe.
- Company: Join a dynamic and progressive wealth management firm.
- Benefits: Competitive salary, professional development, and supportive leadership.
- Other info: Collaborative environment with opportunities for growth and community impact.
- Why this job: Make a real impact while working with top professionals in the field.
- Qualifications: Experience in wealth management and strong project management skills.
The predicted salary is between 60000 - 80000 £ per year.
What is the opportunity? The Chief Administration Office (CAO) supports the Wealth Management Europe (WME) business lines through three core principles. Protect implements and embeds effective first-line controls and processes within the Advice business to ensure good client outcomes from the outset. Sustain acts as the first point of contact between Front Office and Client Facing Teams (CFT), identifying and triaging issues that impact business productivity, efficiency, and performance against KPIs and KRIs. Grow identifies process-related opportunities to increase capacity for Client Facing Teams to pursue new business, including ensuring high-quality data availability, delivering front office change projects, and providing training. We are seeking a Regulatory and Risk Manager to join the CAO on a 12 Month FTC to cover maternity leave. The role supports the organisation on regulatory matters impacting the CFT, including horizon scanning to assess impact on CFTs and clients, and implementing regulatory changes. The role holder drives compliance with policies by assessing policy changes during consultation, deploying policies, identifying new requirements, and ensuring clear communication and understanding across CFTs.
What will you do?
- Supporting the wider Client Controls team and Head of Function with regard to operational risk, Compliance Monitoring / Financial Crime actions / Controls / RCSAs, operational resilience, data privacy, data security related matters and other new regulations
- Managing Fraud Working Group issues to improve the bank amends processes and controls and supporting CFTs with live fraud cases
- 1099b forms and process - coordinating comms, client outreach and tracking outcomes
- Management of conflict‑of‑interest submissions
- Ownership of documents in the Client Literature Forum
- Supporting implementation of Policy changes / adoption of Policies (working with Compliance)
- Supporting the HMRC Audit, or other audits related to a regulatory lens
- DSAR support
- Production of MI & Reports
- Support with any impact arising from changes to Organisational set‑up impacting Senior Managers related to SMCR responsibilities
- Escalation of critical risks ahead of time and proposition of options to resolve and mitigate risk
What do you need to succeed?
- Must‑have Experience of working in similar roles for a wealth management firm
- In‑depth understanding of the implications of adherence to regulation and policy and able to evidence experience of embedding this in a similar firm
- Proven project management skills; well organised and able to deliver good outcomes for clients and colleagues.
- Experienced and competent at managing business projects and coordinating business initiatives in a structured manner
- Numerate and able to define MI fit for purpose
- Comfortable interacting with people at all levels of the organisation and challenging demands, if necessary
- Excellent attention to detail, taking pride in high quality output
- Able to focus on priorities and follow tasks through to completion
Nice to have Relevant professional qualifications
What is in it for you? We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. Leaders who support your development through coaching and managing opportunities. Opportunities to work with the best in the field. Ability to make a difference and lasting impact. Work in a dynamic, collaborative, progressive, and high‑performing team.
Regulatory & Risk Lead, Wealth Management Europe in London employer: Royal Bank of Canada
As a Regulatory & Risk Lead in Wealth Management Europe, you will join a dynamic and collaborative team that prioritises professional growth and community impact. Our culture fosters progressive thinking and mutual success, with leaders dedicated to your development through coaching and opportunities to work alongside industry experts. Enjoy the benefits of a supportive environment where your contributions can make a lasting difference.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory & Risk Lead, Wealth Management Europe in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your relevant experience in regulatory and risk management.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can go a long way in leaving a positive impression. And remember, apply through our website for the best chance at landing that dream role!
We think you need these skills to ace Regulatory & Risk Lead, Wealth Management Europe in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in regulatory and risk management, especially in wealth management. We want to see how your skills align with the role, so don’t hold back on showcasing relevant projects you've managed.
Showcase Your Attention to Detail:Given the nature of the role, it’s crucial to demonstrate your attention to detail. Use clear examples from your past work where you’ve ensured compliance and quality output. We love candidates who take pride in their work!
Highlight Your Project Management Skills:Since project management is key for this position, make sure to outline your experience in managing business initiatives. We’re looking for structured approaches that led to successful outcomes, so share those stories with us!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Royal Bank of Canada
✨Know Your Regulations
Make sure you brush up on the latest regulations and policies relevant to wealth management. Being able to discuss how these impact client-facing teams will show that you’re not just familiar with the rules, but that you can apply them in real-world scenarios.
✨Showcase Your Project Management Skills
Prepare examples of past projects where you successfully managed compliance or operational risk. Highlight your organisational skills and how you delivered positive outcomes for clients and colleagues. This will demonstrate your ability to handle the responsibilities of the role.
✨Engage with the Interviewers
Don’t hesitate to ask questions during the interview. Engaging with the interviewers about their experiences and challenges can show your interest in the role and help you understand the company culture better. Plus, it gives you a chance to showcase your communication skills.
✨Attention to Detail is Key
Be prepared to discuss how you ensure high-quality output in your work. Bring examples that illustrate your attention to detail, especially in compliance-related tasks. This will reassure the interviewers that you take pride in your work and can manage the intricacies of regulatory requirements.
