Regulatory Compliance Officer

SEI Investments Company; London; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

An innovative firm is seeking a Senior Compliance Officer to join their dynamic Compliance department. This role involves providing essential regulatory advice to the Asset Management business unit, ensuring compliance with FCA rules and MiFID regulations. You'll engage with stakeholders, produce high-quality compliance documentation, and participate in strategic meetings. The company values a healthy work-life balance and offers a hybrid working environment, comprehensive benefits, and a culture that promotes creativity and collaboration. If you are a proactive compliance professional looking to make a significant impact, this opportunity is perfect for you.

Benefits

Comprehensive Care for Physical and Mental Well-being

Strong Pension Plan

Tuition Reimbursement

Hybrid Working Environment

Work-Life Balance

Private Medical Care

Access to GPs Online

Enhanced Family Leave

Volunteer Days

Free Fruit

Qualifications

• 5+ years in financial services compliance, ideally in asset management.
• Solid understanding of FCA rules and MiFID regulations.

Responsibilities

• Provide regulatory advice to Asset Management business unit.
• Research regulatory developments and assess their impact.
• Review marketing materials for compliance with regulations.

Skills

Financial Services Compliance

Regulatory Research

FCA Rules and Guidance

MiFID Regulations

Communication Skills

Stakeholder Management

Analytical Skills

Organizational Skills

IT Skills

Education

Bachelor's Degree in Finance or Related Field

Tools

Regulatory Compliance Software

Job description

Summary:

The SEI Group is a leading global provider of asset management and investment technology solutions. SIEL’s Compliance department is seeking an experienced Senior Compliance Officer to join the growing team. Reporting to the Deputy Head of Compliance, your primary role will be to provide regulatory advice and guidance to SIEL’s Asset Management business unit. This includes providing timely and practical regulatory advice and guidance, regulatory research, sign off on marketing documents and assistance to relevant stakeholders and other compliance colleagues on applicable regulatory requirements and industry best practice standards.

What you’ll do:

Responsibilities to include, but are not limited to:

1. You will be directly responsible for providing advice to SIEL’s Asset Management business unit and the wider SIEL business activities, encompassing Asset Management Distribution and Institutional Fiduciary Management activities MiFID and FCA Handbook requirements on how new and existing products and services can be structured to operate within regulatory requirements.
2. Produce and effectively communicate (verbally and/or in writing, as appropriate) compliance advice, which is of high-quality, comprehensive and thoroughly considered from all relevant angles, in a timely manner.
3. Regularly research relevant external sources for related regulatory developments that may be applicable to SIEL’s AM regulated activities, assess initial impact and provide initial advice and recommendations and initiate project(s) to support full impact and gap analysis and satisfactory implementation of new requirements.
4. Provide guidance and advice to stakeholders on the principles to observe when creating financial promotions / marketing material destined for dissemination outside of SIEL.
5. Review financial promotions / marketing material in accordance with policies and applicable UK & European regulation.
6. Support the SIEL Compliance department with the write-up of new or revised regulatory/compliance policies and procedures.
7. Actively participate in all relevant SIEL Compliance departmental meetings and represent Compliance in relevant business meetings.
8. Assist in the production of effective and timely management information for senior management, SIEL’s Committees and its Board of Directors.
9. Work with and support the Chief Compliance Officer (SMF16) to help the department in its general objective to ensure that the SIEL governance and internal control structures are effective for the Firm as a whole, such that SIEL is compliant at all times with all applicable rules and regulations.
10. Deputise for the Deputy Compliance Officer when required.

What we need from you:

1. You have 5+ years’ experience in financial services compliance, preferably with compliance advisory experience within the asset management sector and ideally in multinational organizations.
2. You're a well-rounded financial services compliance professional with a solid understanding of FCA rules and guidance, including Consumer Duty.
3. In-depth understanding of MiFD regulations, fund products, particularly UCITS, regulatory frameworks systems and controls, SMCR and Market Abuse Regulations.
4. Proven ability to quickly understand and practically deal with new areas of regulation using a collaborative and common-sense approach.
5. Proven experience interacting directly and effectively with key business and other internal and external stakeholders.
6. Strong ability to manage expectations of different stakeholders, build consensus and work in a collaborative manner.
7. Strong communication skills (written and verbal).
8. Strong organisational, research and technical information gathering skills.
9. Demonstrable capability to analyse (and document) complex business processes.
10. Adequate IT skills.

What we would like from you:

1. Process-oriented with strong attention to detail.
2. Ability to handle multiple tasks and projects with tight delivery schedules.
3. Effective written and verbal communication skills.
4. Responsiveness, accountability and adaptability.
5. Intellectual capability and analysis - ability to undertake comprehensive assessments and provide clear feedback and reporting.
6. Ability to work reasonably independently while seeking guidance on more complex judgements.
7. Sound judgment.
8. Self-starter.
9. Motivated.
10. Hands-on.
11. Flexible.
12. Someone who will embody our SEI Values of courage, integrity, collaboration, inclusion, connection and fun.

Obligations with respect to Risk Management:

All SIEL employees are responsible for the identification, assessment and control of risks and risk events. Employees will maintain a good understanding of applicable policies, procedures, risk appetites and tolerance relevant to their function and or business unit and are expected to consider current and potential risks when making or informing business decisions. Employees are responsible for the accurate and timely escalation and recording of incidents associated to relevant risks. In addition, employees are responsible for completing all required Risk Management training.

SEI’s competitive advantage:

To help you stay energised, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, strong pension plan, tuition reimbursement, hybrid working environment, and a work-life balance that enables you to relax, recharge and be there for the people you care about.

We are a technology and asset management company delivering on our promise of building brave futures (SM) —for our clients, our communities, and ourselves. Come build your brave future at SEI.

SEI is an Equal Opportunity Employer and so much more…

After over 50 years, SEI remains a leading global provider of investment management, investment processing and investment operations solutions. Reflecting our experience within financial services and financial technology our UK office is based between the City of London and the growing technology hub of Shoreditch. The open plan nature of our office space, flowing lines and numerous art installations are designed to encourage innovation and creativity in our workforce. We recognise that our people are our most valuable asset and are (literally) invested in your success; we know that a healthy, happy and motivated workforce is key to our continued growth. We are focused on ensuring a healthy work-life balance and offer our employees benefits, which include private medical care for you and your family, access to GPs online for appointments, enhanced family leave, volunteer days, access to thriving employee networks and not forgetting free fruit.

SEI Investments (Europe) Ltd (‘SIEL’) is authorised and regulated by the Financial Conduct Authority (FRN 191713).