Compliance Manager - Wealth Management

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

Job summary

An established industry player in wealth management is seeking a Compliance Manager to ensure adherence to UK regulations and compliance policies. This role involves implementing compliance strategies, mentoring junior staff, and collaborating with various teams to maintain high standards of compliance. The company prides itself on innovative solutions and offers a dynamic environment for professional growth. If you have a strong background in compliance within financial services and are looking for a rewarding opportunity, this position could be the perfect fit.

Qualifications

• Significant experience in compliance within financial services.
• Extensive knowledge of UK regulations and compliance policies.

Responsibilities

• Implement and review compliance policies ensuring regulatory adherence.
• Design and present compliance training for staff.
• Mentor junior compliance team members.

Skills

Compliance Policies Implementation

AML and KYC Knowledge

Risk Management

Financial Regulations Knowledge

Communication Skills

Job description

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, the role will have wide-ranging responsibilities including:

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 the annual compliance monitoring plan.
3. Ensuring the company complies with 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.
9. Approving financial promotions.
10. Keeping up-to-date with regulatory and legislative changes.
11. Acting as a member of the Operations Committee.
12. Conducting an annual review of the compliance department's procedures and processes.
13. Mentoring and training junior members of the compliance team.

Candidate – The ideal candidate will have significant experience in a similar role within the financial services sector and extensive knowledge of UK regulations. Knowledge of international / US regulations is advantageous but not essential. Candidates should have experience working in a team-oriented compliance department and possess strong communication skills across teams and the wider company.

Opportunity – This is a great opportunity to join a growing company with an excellent reputation. They focus on innovative solutions in tax, wealth planning, and multi-jurisdictional strategies, offering a challenging and rewarding environment.

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