At a Glance
- Tasks: Support the Compliance Department in ensuring operations meet legal standards and regulations.
- Company: Join T. Rowe Price, a leading asset management firm with a strong compliance culture.
- Benefits: Hybrid work options, competitive salary, and opportunities for professional growth.
- Other info: Dynamic team environment with opportunities to learn and grow your career.
- Why this job: Gain hands-on experience in compliance and make a real impact in the financial services industry.
- Qualifications: GCSEs and A Levels or equivalent, plus 1-2 years in a compliance support role.
The predicted salary is between 30000 - 40000 £ per year.
The primary purpose of the Compliance Assistant will be to support the EMEA Compliance Department in the effort to ensure that the operations of T. Rowe Price comply with relevant legislation and regulation. The Associate will have the opportunity to gain experience in all aspects of the firm’s compliance program in order to develop the foundation of knowledge and skills necessary to develop a career in Compliance.
The Compliance Assistant will develop:
- An understanding of the financial services regulatory environment in the UK and Europe and how this impacts the way in which investment firms can do business.
- An understanding of the role an asset manager plays in the financial services industry, the types of products and investment services that are offered, the roles of the different areas within our organisation and how we all work together to deliver good outcomes for our customers.
- An understanding of the policies and procedures that investment firms implement to comply with the regulatory framework.
- Research techniques and problem-solving skills individually and collaboratively, in order to assist ongoing project work and advising the business as issues arise.
- Strong communication skills; drafting clear and concise memos and reports, building strong working relationships with colleagues in the department and the business.
Responsibilities:
- Primarily work with colleagues in the Compliance Advisory team to support the firm’s compliance framework and help ensure that business activities conducted within the Europe, Africa and Middle East (“EMEA”) region complies with relevant laws and regulations including but not limited to:
- Provide support in responding to Code of Ethics and Conduct related matters, including addressing queries on personal trading, conflicts of interest and the receipt of giving or gifts and entertainment;
- Deliver Compliance induction training to new associates joining the firm;
- Support the administration and roll out of new compliance training initiatives within the department, including maintaining training materials and records;
- Maintain compliance registers, records and databases, ensuring information is accurate, complete and up to date;
- Support licensing (at the corporate and individual level), registrations and record-keeping activities, including maintaining information relating to UK Senior Managers and Certification Staff;
- Assist with the preparation of periodic and ad hoc regulatory reporting for the firm and maintaining the firm’s regulatory filings calendar;
- Provide standard reporting information that feeds into Board papers;
- Review and respond to internal stakeholders on client certifications, and routine due diligence requests and RFPs;
- Monitor the firm’s errors, breaches and incidents reporting system for new and updated entries and support with the assessment of whether there is a regulatory impact for Compliance to record;
- Assist the Compliance Managers with regulatory research, utilizing various resources including regulatory publications and rulebooks, industry association briefings and publications, and AI where appropriate;
- Escalate business queries to Compliance Advisory colleagues and assist with gathering information required for responses;
- Support the firm’s Designated Individuals with the Market Soundings processes;
- Assist with the review and processing of market soundings and confidential information requests from brokers;
- Assist with making additions to and removals from the firm’s Restricted List;
- Assist with ad hoc queries, issues and investigations;
- Assist with maintaining policies and procedures and updating documentation as directed;
- Support team or firm-wide project activities and maintain project documentation.
From time to time, work with other teams within the EMEA Compliance Department to develop a sound understanding of the broader Compliance initiatives and assist in delivering the department’s wider objectives, including working with:
- the Compliance Monitoring team to assist in the execution of the Compliance Monitoring Program – where the team look to ensure the various business units have acted in line with local jurisdictional regulations and company policies;
- the Global Communications Compliance with research and development of rules of the road covering the firm’s services and distribution activities across the region;
- the Global Financial Crime Compliance team to support the delivery of the firm’s financial crime compliance framework;
Requirements:
- GCSE’s and A Levels/Apprenticeship Qualifications
- 1-2 years of Compliance support experience or in a similar supporting role
- Good verbal and written communication skills
- Able to adapt to changing work priorities in a fast-paced environment
- Strong work ethic with a ‘roll your sleeves up’ attitude
- Willingness for further study
This role is eligible for hybrid work, with up to one day a week from home.
Compliance Assistant in London employer: T. Rowe Price
T Rowe Price is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the Senior Quant Developer role in Baltimore/London. Employees benefit from meaningful work that directly impacts investment decisions, alongside ample opportunities for professional growth and development within a supportive team environment. With a focus on leveraging both technology and financial expertise, T Rowe Price empowers its employees to think creatively and contribute their unique perspectives, making it a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Assistant in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like T. Rowe Price looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Assistant in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at T. Rowe Price. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at T. Rowe Price
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with T. Rowe Price’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
