Contract Compliance Monitoring Wealth management
The role sits within the wealth and asset management arm of a tier 1 institution and will involve oversight and project management of the carrying out of the UK AM Compliance risk based thematic Monitoring Programme and advisory across the business.
The successful candidate will have strong regulatory knowledge and experience of the financial promotions environment, approval of marketing material and press releases across the AM UK business. In particular in relation to the FSA Conduct of Business sourcebook (Chapter 4) and other European Directives including MiFID.
Responsibilities will include:
- Provide advice and guidance to all levels of the business concerning rules, regulations and internal policies procedures (global, regional and divisional) as they apply to the UK Asset and Wealth Management business.
- To liaise and work together with colleagues in other jurisdictions, departments and functions to find compliance solutions to business issues or concerns.
- Oversee and project manage the carrying out of the UK AM Compliance risk based thematic Monitoring Programme. This includes:
- providing regular reports (on a quarterly basis – or more frequently, if required) to Head of UK AM Compliance
- tracking and overseeing the completion of any action points arising out of monitoring;
- ensuring that the monitoring programme itself is maintained (managing the retiring of tests, the creation of new tests and amending tests, where appropriate)
- Global AM Compliance contact for Takeover Panel related matters and reviews.
- Creating a UK AM Compliance centre of expertise for fixed income, hedge funds and derivatives within AM;
- Being able to support the business by having a structural knowledge of open and closed end funds;
- Provide impact analysis and assist in providing practical solutions in respect of requirements arising from the implementation of MiFID/UCITS/AIFM and other EU Directives and other regulatory developments, in respect of new and existing businesses.
- Representing Compliance to the business and providing appropriate advice with regard to regulations and compliance related matters;
- Advising AM Compliance colleagues in other jurisdictions with regard to UK regulations and requirements;
- Obtaining advice and guidance from Compliance colleagues in European jurisdictions regarding passporting or carrying out of AM business activities in European jurisdictions;
- Advising the business with regard to annual unbundling reports;
If you have strong compliance monitoring experience across wealth or asset management and are interested in a contract position paying competitive daily rates please send your CV to me on emma.finch@bruinfinancial.com or call me to discuss on 0203 145 3369
Leave a Reply
You must be logged in to post a comment.