Assistant Compliance Officer

LGT Group; Greater London; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

LGT Wealth Management UK LLP in London is seeking a Compliance Analyst to monitor regulatory developments, interpret FCA rules (COBS) and apply changes across the business. You will collaborate with senior management to communicate regulatory insights and support the Regulatory Change function.

The role requires at least 2 years in wealth management compliance, strong written and verbal communication, and the ability to work both independently and as part of a team.

Qualifications

• 2+ years’ experience in wealth management compliance or regulatory roles.
• Good understanding of FCA rules, especially COBS.
• Ability to interpret regulations and translate into actionable guidance.
• Strong written and verbal communication skills.

Responsibilities

• Undertake horizon scanning to identify regulatory changes affecting the firm.
• Assist in applying regulatory changes to the business and in communications to stakeholders.
• Support implementation of regulatory developments within Compliance and wider business.
• Develop and maintain management information for the Management Board.
• Conduct regular compliance monitoring and support regulatory projects.

Skills

Wealth management

Regulatory knowledge

FCA rules (COBS)

Regulatory communications

Written communication

Verbal communication

Attention to detail

Team player

Tools

Corlytics

Microsoft Office

Job description

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham and Bristol. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.
Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values. As our brand recognition grows, we are fast becoming an employer of choice in our sector. We have over £29 billion in funds under management and circa 700 staff.

Key Responsibilities:

• Undertake regular horizon scanning to identify new regulation and regulatory changes which will impact LGT WM and the wealth management sector.
• Develop a strong understanding of the Firm’s propostion (locally and across entities) and use this knowledge to analyse and assist in applying regulatory change to the Business.
• Assist in writing regulatory communications to stakeholders across the business, including to Senior Management.
• Toassistwith the implementation of any regulatory developments whichimpactthe Compliance department and wider business.
• Develop and maintain ongoing management information for the Management Board.
• Undertake regular compliance monitoring to assist the Monitoring team with the CMP.
• Undertake daily routine tasks, as appropriate.
• Support projects ensuring compliance with regulatory and legislative requirements.

Your profile

Key Skills and Technical Requirements:

• Good understanding of Wealth Management/Private Banking business gained through a minimum of 2 years years of relevant experience. Candidates with more or less experience may be considered provided they are able to demonstrate the requisite skills and knowledge.
• Demonstrable knowledge of the various investment offerings and products.
• Good knowledge and practical experience of FCA rules particularly COBS is essential.
• Experience in interpreting and understanding regulations and regulatory communications.
• Excellent written and verbal communication skills

Other Skills and Attributes:

• Strong organisational skills including the ability to prioritise and meet critical deadlines.
• Excellent verbal and written communication skills.
• A team player but also able to work independently.
• Professional and keeps calm under pressure.

IT:

• Corlytics (regulatory tracking tool)
• Proficiency in Microsoft Office.

Transparency is important to us. That is why you will find everything that matters to us on our website – plus everything you should know about us before you meet us in person, open an account or apply for a job. That includes, for example, the history of the Princely Family, which is closely intertwined with our own.