Compliance Manager - Wealth Management.

Oval Recruit; London; On-site; GBP 100,000 - 120,000; Full time

Job summary

A leading international wealth manager is seeking a Compliance Manager in London to oversee compliance with regulations and provide training to the compliance team. The ideal candidate will have extensive knowledge of UK financial regulations and experience in a compliance role within the financial services sector.

Qualifications

• Significant experience in compliance within financial services.
• Extensive knowledge of UK regulations.
• Ability to communicate clearly across teams.

Responsibilities

• Implement and review compliance policies.
• Review compliance monitoring reports and oversee high-risk clients.
• Design and present compliance training.

Skills

Regulatory Compliance

AML

Financial Crime

Team Development

Communication

Job description

Compliance Manager - Wealth Management

£100-120,000 + Package

Client: A leading International Wealth Manager providing Wealth and Investment Management Advice to HNW private clients with complex multi-jurisdictional requirements. They manage over £3 billion in AUM for clients with UK & International ties from their London office.

Role: Working with the Head of Compliance, responsibilities include:

1. Implementing and reviewing company compliance policies to ensure compliance with all relevant regulations.
2. Reviewing compliance monitoring reports, resolving risk issues, and designing & implementing an annual compliance monitoring plan.
3. Ensuring adherence to AML, Anti Bribery & Corruption, Financial Crime, Treating Customers Fairly, T&C, and Vulnerable Clients procedures.
4. Ensuring the company acts within the Financial Services & Marketing Act / FCA / FINRA rules at all times.
5. Reviewing the T&C scheme.
6. Designing and presenting compliance training.
7. Providing technical guidance on AML, KYC policies, and regulations.
8. Reviewing high-risk clients and approving financial promotions.
9. Keeping the company updated on regulatory and legislative changes.
10. Acting as a member of the Operations Committee.
11. Conducting an annual review of compliance procedures and processes.
12. Mentoring and training junior compliance team members.

Candidate: The ideal candidate will have significant experience in a similar financial services compliance role with extensive knowledge of UK regulations. Knowledge of international/US regulations is a plus. Experience in a team-oriented compliance department with strong communication skills is preferred.

Opportunity: Join a growing company with an excellent reputation, continuously developing innovative strategies for clients. The role offers a challenging and rewarding environment with interesting complexities in compliance.

For more information and a full job description, please contact Richard Garbett.