Senior Compliance Officer

International Catalyst Services, LLC; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

Join a forward-thinking firm as a Compliance Lead Officer in Private Wealth. This role is pivotal in ensuring regulatory compliance and effective risk management. You will lead the business's first line of defense, interact with various defense lines, and oversee critical governance frameworks. The position offers a chance to make a significant impact within a vibrant and inclusive culture, where professional development is prioritized. If you have a strong background in compliance and a passion for financial services, this is the perfect opportunity to advance your career.

Benefits

Professional Development Opportunities

Supportive Leadership

Inclusive Culture

Flexible Work Environment

Health and Well-being Benefits

Qualifications

• Experience in a supervisory or technical compliance role.
• Ability to report key MI at board level and suggest changes.

Responsibilities

• Lead Product Governance and Consumer Duty frameworks.
• Manage compliance queries and oversee risk register.

Skills

Compliance Knowledge

Risk Management

Financial Services Experience

Regulatory Knowledge

People Management

Board Level Reporting

Education

Degree in Finance or Related Field

Job description

Compliance Lead Officer – Private Wealth London

Mercer Private Wealth is seeking a senior Compliance officer to lead the business first line of defence and be the main point of contact, dealing primarily with the business interaction with the Mercer 2nd and where appropriate the 3rd lines of defence.

The role principally is to take the lead with Product Governance and Consumer Duty both internally and externally as well as business risk and control tasks.

We will count on you to:

• To prepare, maintain and manage relevant mappings, as required in respect of regulatory change for onward reporting as required.

• To be the first point of contact within Mercer Private Wealth for the 2LOD and 3LOD and deal with the business requirements relating to this and/or support the SLT to deal with enquiries.

• To prepare and maintain the Mercer Private Wealth risk register on behalf of the Senior Leadership team.

• To oversee and maintain the consumer Duty and Product governance frameworks as required by the Mercer Private Wealth SLT, participating in relevant committee’s and ensuring relevant preparation of the papers and MI needed. This will include the maintenance, preparation and feedback on the Consumer Duty Dashboard and information relating to Target Market, Fair Value and manufacturers information requests.

• To act as the Vulnerable Client Champion in MPW and have responsibility for overseeing the aspects of this key role.

• To be the contact point for the operations and advice teams on compliance related queries and AML.

What you need to have:

• A good level of industry experience, ideally gained within supervisory and/or technical compliance role within a financial planning/investment management business

• Ability to gather, interpret and report at board level on key MI and suggest changes where relevant.

• Technical knowledge onf compliance requirements and financial products and ability to manage people.

What makes you stand out:

• Financial Services experience and a detailed knowledge and experience of risk control. regulatory matters

• An awareness and understanding of current regulatory matters and the ability to implement those whilst maintain a commercial understanding.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [e-mail].

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.