Compliance Associate Director- Structured Products Advisory
A Tier One investment bank seeks an Associate Director / VP level Compliance Officer to join their team to focus on providing advice to the Retail Structured Products sales team.
Main Duties
In partnership with Equities and FICC Compliance Advisory teams, your role will be to provide advice and Compliance support to Structured Products Sales and Distribution Sales teams.
Responsibilities:
- Establishment and ongoing development of the Structured Products Distribution Framework globally in relation to compliance within a domestic, regional and global context.�
- Implementing policy/procedures in relation to third parties and the sales teams.
- Enhancing the TCF regime within policy and procedure
- Implementing monitoring to ensure compliance with policy and procedure
- Advising on the on-boarding of third party distributors of structured products to retail clients, including but not limited to:
- Gathering background information on potential/existing distributors in order to conduct due diligence
- Collating and reviewing the findings of external due diligence reports (Red Flag) on distributors
- Assisting in the preparation and participation in the Distributor Committee
- Reviewing and advising on product approvals including appropriateness and categorization of products in line with the Product Matrix
- Providing reactive and proactive advise to the Structured Products Sales team
- Review of marketing materials - drafting policy procedures
- Review of internally produced and sometimes third party produced marketing materials
- Collation and issuance of monthly Retail Distribution MI
- Keeping the Sales force informed of regulatory developments
- Summarizing Consultation Papers, Discussion Papers or otherwise (e.g. MiFID, PRIPS, DP Product Intervention, FSA Retail Conduct Risk Outlook)
- The role will also require taking a lead on or participating and providing support on a variety of projects, reviews and ad hoc tasks including advisory work and working with a variety of compliance staff, senior business and support representatives as directed.
Person Requirements
Qualifications / Education:
- University degree or equivalent
- Experience of developing policy, assessing risks, conflicts, implementing procedures, training, surveillance, monitoring, investigations and review
- Experience of at least two of the asset class including Equities, FX/EM, Commodities, Credit or Fixed Income.
- Compliance experienced in an investment bank.
- Knowledge or experience of or involvement in Structured Products or Retail Distribution considerations.
- Experience of developing policy, assessing risks, conflicts, implementing procedures, training, surveillance, monitoring, investigations and review
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