At a Glance
- Tasks: Manage regulatory compliance and risk for Wealth Management Europe, ensuring smooth operations.
- Company: Join a leading wealth management firm focused on client success and community impact.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Collaborative culture with opportunities for personal and professional growth.
- Why this job: Make a real difference in regulatory matters while growing your career in a dynamic setting.
- Qualifications: Experience in wealth management, strong project management skills, and attention to detail.
The predicted salary is between 60000 - 80000 £ per year.
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 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 working in a high-performing environment where your contributions can make a significant difference.
StudySmarter Expert Advice🤫
We think this is how you could land Regulatory & Risk Lead, Wealth Management Europe
✨Tip Number 1
Network like a pro! Reach out to people in the wealth management sector, especially those who work in regulatory and risk roles. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of current regulations and compliance issues. We want you to be able to discuss how you've tackled similar challenges in past roles, so have some examples ready to go!
✨Tip Number 3
Showcase your project management skills! Be ready to talk about specific projects you've led or contributed to, especially those that improved processes or compliance. This will demonstrate your ability to deliver good outcomes for clients and colleagues.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Regulatory & Risk Lead, Wealth Management Europe
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Regulatory & Risk Lead. Highlight your experience in wealth management and any relevant regulatory knowledge. We want to see how your background aligns with 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 the perfect fit for this role. Share specific examples of how you've managed compliance and risk in previous positions. We love a good story that showcases your skills!
Showcase Your Project Management Skills:Since project management is key for this role, make sure to highlight your organisational skills and any successful projects you've led. We want to know how you’ve delivered great outcomes in the past!
Apply Through Our Website:Don’t forget to apply 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 at StudySmarter!
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 you've embedded compliance in previous roles will show that you understand the importance of these regulations and can apply them effectively.
✨Showcase Your Project Management Skills
Prepare examples of past projects where you successfully managed compliance initiatives or operational risks. Highlight your organisational skills and how you delivered positive outcomes for clients and colleagues, as this is crucial for the role.
✨Engage with Stakeholders
Be ready to discuss how you've interacted with various teams and stakeholders in your previous roles. Demonstrating your ability to communicate clearly and challenge demands when necessary will show that you're comfortable at all levels of the organisation.
✨Attention to Detail is Key
Bring examples of how your attention to detail has led to high-quality outputs in your work. This could be through reports, compliance documentation, or any other relevant materials. Showing pride in your work will resonate well with the interviewers.
