FINANCIAL SERVICES RECRUITMENT

LONDON | NEW YORK

JOB SUMMARY

Wealth Management Advisory Compliance VP - FX transactions

Wealth Management Advisory Compliance VP - FX transactions I am partnering with a multinational investment bank who are looking to hire an Advisory Compliance Vice President to join the team based in London. The successful candidate will work with a team of expert colleagues in supporting the Private Bank. The role holder will provide focused compliance support to Sales and Trading, on top of general compliance advisory support to the businesses as a whole.

JOB TEXT

Wealth Management Advisory Compliance VP - FX transactions

I am partnering with a multinational investment bank who are looking to hire an Advisory Compliance Vice President to join the team based in London.

The successful candidate will work with a team of expert colleagues in supporting the Private Bank. The role holder will provide focused compliance support to Sales and Trading, on top of general compliance advisory support to the businesses as a whole.

Key Responsibilities:

  • Providing compliance coverage for sales and trading, and fund sub-management offered by Private Bank businesses.
  • Providing effective second line 'check and challenge' to assist Private Bank businesses in meeting its conduct and regulatory obligations.
  • Advising on regulatory requirements including but not limited to: the FCA Handbook, MAR, MiFID, PRIIPs, EMIR, Client Money, and Transaction Reporting.
  • Review product documentation and offering material, and work on regulatory programmes affecting the businesses.
  • Provide guidance and advice on the product development, product launches and modification across the Capital Markets and Direct Access businesses.
  • Ensure a robust product governance environment in line with regulatory requirements through attending internal governance meetings and working groups.
  • Keep abreast of all relevant new regulatory developments, and work with the business and/or project teams to interpret their impact and deliver key changes.
  • Providing subject matter expertise in relation to investment products in terms of distribution obligations to retail and professional clients in the UK and on a cross-border basis.
  • Leading compliance support in the interpretation and implementation of new regulation.
  • Reviewing marketing materials.

Experience and Qualifications:

  • University degree or an UK professional qualification would be an advantage.
  • Experience commensurate with a VP role gained in financial firm or within the Legal or Compliance or Control departments of an investment bank, asset management, or wealth manager.
  • Sound knowledge and understanding in relation to the UK FCA Handbook.
  • Good understanding of the UK/EU regulatory environment and relevant regulation including subject matter expertise in relation to: the Market Abuse Regulation, MIFiD, PRIIPs, EMIR, Client Money, and Transaction Reporting.
  • Good investment product knowledge desirable and a keen interest in developing this further.
  • Independent ability to check and challenge and escalate when appropriate.
  • Ability to exercise integrity and judgment to influence behaviours.
  • Resilience to change, ability to deal with conflict, adaptability.
  • Act as a culture carrier and role model for others in the team, leading by example.
  • Developing and delivering training on the relevant topics.
  • Liaising with other control functions (for example Audit) to assess regulatory risk and impact.
  • Advising on firm policies and procedures.

Key Skills:

  • Strong verbal and written communication; good interpersonal, influencing, and negotiating skills.
  • Strong team player.
  • Ambitious, intelligent and hardworking individual; entrepreneurial self-starter.
  • Reliable, dependable, accountable.
  • Strong analytical skills - with a good eye for detail.
  • Able to identify potential conduct issues, to develop strategies to mitigate risk and to escalate as appropriate.
  • Developing business judgment and commercial awareness.

A DIFFERENT APPROACH TO HUMAN CAPITAL MANAGEMENT
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  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Charles Levick
  • 2019-07-19