Senior Compliance Officer- Wealth Management

A prestigious private bank with a significant and growing presence in the UK is seeking a senior compliance officer with particular experience in the wealth and private banking space

Key Responsibilities

• Keep abreast of external regulatory and business developments and help develop and implement policies and procedures
• Analysis of regulatory developments
• Contribute to compliance reporting
• Contribute to improving the process and procedures to meet consumer duty principles
• Provide stakeholders with sound and timely advice
• Evaluate and advise upon proposed new products/ services and other business initiatives.
• Develop, draft and support training
• Review of regular reports related to complaints
• Identify, investigate and escalation regulatory compliance risks.
• Support management and the team through active participation in regular team and 1-2-1 meetings
• Partner with business stakeholders
• Lead and participate in group projects as appropriate
• Work within the team to help identify areas for improvement
• Support the team and act as cover for other members where required.
• Support more junior members of the team
• Develop and sustain technical knowledge across the products and services
• Consider treating customers fairly and good customer outcomes in all activities.
• Ensure management are kept informed of key risks and issues.

About You:

• Strong knowledge of UK financial regulations including but not limited to: MiFID II, Consumer Duty, FCA rulebook
• Strong understanding of high-risk and complex investment products
• Proven experience in Compliance within wealth management or private banking
• Proven ability to assess and analyse information
• Proven ability to interpret regulation, identify risks and analyse potential control gaps
• Strong attention to detail and focus

For further information please contact Natalie Eshelby

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