Regulatory Compliance Manager – Wealth management

THE COMPANY:

We are working with an international Wealth Management Firm, who has offices across the globe and assists UHNI and Family offices to manage their wealth.

THE RESPONSIBILITIES:

• Identify and assess UK regulatory compliance risks and impact from new projects, products/services or arising from new regulations.
• Act as a focal point of contact with the FCA concerning regulatory matters and keep the General Manager, Head of Legal and Regulatory Compliance, Head Office and Management Committee updated as appropriate.
• Maintain knowledge and awareness of key regulatory changes related to Regulatory Compliance matters impacting the business, including review of relevant local consultation papers, discussion papers, guidance, policy statements, thematic reviews, and enforcement cases.
• Resolve and follow up any issues raised by the regulators in relation to regulatory compliance matters.
• Plan and manage all regulatory and internal audit requirements for regulatory compliance.
• Develop annual compliance risk assessment and compliance monitoring plan to ensure the objectives are monitored periodically and ensure local monitoring and follow up.
• Perform compliance monitoring in accordance with the compliance monitoring plan.
• Advise stakeholders on regulatory requirements and industry guidelines/ practices as set by the FCA.

EXPERIENCE REQUIRED:

• Must have  legal training/law background or Degree  background and work experience in Regulatory Compliance
• At least 7 years’ relevant experience at a UK regulated bank, investment firm or Wealth Management in a second line of defence role.
• Excellent working knowledge and experience of developing compliance policies to ensure compliance with the applicable UK regulations.
• Strong knowledge with the FCA Handbook and ability to read and interpret rules and apply fact pattern to the rules.
• Excellent written and verbal communication skills to deliver accurate and concise advice.
• Experience in dealing with regulatory change projects, remediation/ Audit related issues and FCA inspections.

For further information please contact Hannah Tabatabai