Regional Front Office Risk Leader

LGT Crestone Wealth Management Limited; City of Melbourne; On-site; AUD 180,000 - 240,000; Full time

Job summary

LGT Wealth Management seeks an experienced Front Office Compliance & Control professional to oversee advice suitability, business conduct and regional Front Office risks. You will provide practical guidance, supervision and training while operating independently of Risk and Compliance.

You will partner with Regional Manager, Investment Advisers and the Front Office Control & Monitoring team to maintain governance, perform control checks, risk assessments and escalation of issues in a regulated

Qualifications

• 8+ years’ compliance and control experience in wealth management and/or with regulators.
• Knowledge and practical experience of local laws and regulations.
• Experience overseeing advisory business functions, with a preference for Line 1 wealth advice experience.
• Bachelor’s degree in Law, Commerce, Management or Finance.

Responsibilities

• Provide effective oversight of Front Office business conduct, adviser and client activities, and advice suitability in the region in accordance with regulations, LGT directives, policies and guidelines.
• Partner with Front Office Management, Operations, Line 2 and other regional risk managers to maintain strong supervision, governance and a practical risk-based control environment.
• Perform and coordinate regular control checks, risk assessments, key control testing, file review support and monitoring of remediation or rectification actions.
• Provide day-to-day guidance, training and knowledge sharing to advisers and associates, including induction, Client Advice Process support, advice suitability guidance and targeted refresher training.
• Review, challenge and approve business exceptions and pre-approvals where required, including advice pre-vetting, travel, pricing, cross-border, LGT access and other approval matters.
• Maintain and oversee regional exception, incident and escalation processes, including reporting issues, errors, incidents, breaches or unusual activity to Front Office Management where appropriate.

Skills

Compliance

Risk management

Regulatory knowledge

Adviser oversight

Training & guidance

Education

Bachelor’s degree in Law, Commerce, Management or Finance

Job description

LGT Wealth Management seeks an experienced Front Office Compliance & Control professional to oversee advice suitability, business conduct and regional Front Office risks. You will provide practical guidance, supervision and training while operating independently of Risk and Compliance.

You will partner with Regional Manager, Investment Advisers and the Front Office Control & Monitoring team to maintain governance, perform control checks, risk assessments and escalation of issues in a regulated