Compliance Officer – AVP
Global Investment bank in Canary Wharf requires a Compliance Manager (AVP level) to focus on their Structured Products platform.
The Firm:
One of the most prestigious banking groups in the world is looking to build its Compliance coverage within their Structured Products division. The team works closely with the front office business who specialise in providing tailored financial solutions to firms such as: Pension Funds, Insurance Companies, Private Banks, Wealth Managers, Trusts etc.
The Role:
The Structured Products Compliance team has a focus of setting the regulatory framework related to the sale and distribution of Structured Products through a number of distribution channels. The team works in conjunction with the Fixed Income, Equities and Commodities Compliance teams, central compliance and the control rooms to establish the most effective methods of meeting their regulatory obligations.
Principal responsibilities:
* Drafting and issuing the retail distribution policy and related guidelines
* Liaising with the distribution network and updating them on all relevant changes
* Advising new third party distributors of their regulatory obligations and conducting due diligence on their processes
* Collating and reviewing the findings of external due diligence reports of 3rd party retail distributors and reporting on the findings
* Providing advice to the Structured Products sales teams
* Review of all marketing materials
* Providing management information reports on retail distribution
* Planning and provision of training programs for external distributors as well as the internal sales teams
* Keeping abreast of regulatory changes and disseminating their relevance to guidelines and policies
The Candidate:
* University degree
* Experience drafting policy procedures and related guidelines.
* Strong understanding of compliance monitoring, investigations and desk review processes
* A minimum of 2-3 years experience in Banking Compliance
* Some knowledge of Structured Products would be an advantage as would understanding of Retail Distribution
* Excellent communication skills
* Highly organised with strong project management skills
* Proactive approach.
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