Compliance Officer - Compliance Advisory Associate Director

Purpose:
To protect the brand and enable achievement of business goals through an integrated compliance culture and programme across the enterprise by:

* Assisting the head of UK I&TS Compliance in delivering an appropriate Compliance Risk Management Framework and promoting a strong compliance culture consistent with strategic objectives and risk appetite;
* Serve as the main point of contact in Compliance for the relevant assigned I&TS businesses, in particular in providing sound technical advice to the business on the range of products and services within the I&TS platform, in particular within Treasury and Market Services (FX, Securities Lending, Funding & Liquidity and Cash Management) as well as Investor Services (Custody, Trustee & Depositary Services, Fund Accounting, Transfer Agency and Middle Office);
* Maintaining an effective relationship with regulators to enable reputation and regulatory issues to be appropriately managed;
* Establishing and maintaining a strong, effective control environment; and
* Identifying and communicating compliance risks inherent in the business to senior management and the business.

PRIMARY RESPONSIBILITIES:

Associate Director within the Investor & Treasury Services Compliance team for I&TS UK, with responsibility for supporting the Head of Compliance in relation to all regulated and unregulated activities of the I&TS UK business.

Responsibilities Include:

* Assist in the establishment and maintenance of integrated, risk based compliance programmes in accordance with applicable regulatory and compliance risk including:

− Identification and assessment of applicable regulatory and compliance risks;
− Design and maintenance of policies and procedures to address the identified risks;
− Design and maintenance of appropriate compliance monitoring systems;

* maintaining a detailed knowledge of applicable banking regulations, best practices and relevant internal policies and procedures;
* devising and delivering Compliance training to businesses which comprise primary areas of responsibility;
* advise on the application of current and future legislation for the conduct of business for the UK operations;
* review, advise and draft appropriate text from a compliance perspective for New Business Committee proposals emanating from the business;
* assisting with and performing some desk monitoring activities to determine adherence with FCA conduct of business rules;
* advise and assist Compliance colleagues in Europe and Asia on the UK regulatory position of matters relating to the transitioning of businesses which comprise primary areas of responsibility;
* issue guidance as and when required to the front office regarding current or new regulatory requirements issued by the FCA and other relevant bodies;
* liaising where necessary with the relevant regulatory bodies;
* conducting and reporting on compliance investigations of I&TS businesses captured by primary areas of responsibility as required;
* to be an integral part of the compliance team, assisting other team members and undertaking ad-hoc assignments as required;
* assisting with preparing the papers for Compliance Management and other management fora; and
* promoting observance of high standards of business conduct and ethical standards.

RESULTS EXPECTED & EVALUATED

* Timely and technically accurate research and advice;
* Clear and concise written and verbal communication;
* Prompt and high standard of execution to all assigned tasks;
* Completed drafts of compliance communication, policy and procedures; and
* Creation and delivery of appropriate training modules for I&TS front office staff (where the need for such training has been identified).

JOB SPECIFICATIONS:


* Excellent written and verbal communication skills;
* Strong knowledge of the UK/European Funds Market & relevant compliance programmes;
* Strong experience of the financial markets related product suite within Investor Services/Global Custody bank - in particular FX, Securities Lending, Funding & Liquidity and Cash Management is essential. Exposure to Investor Services products such as Global Custody, Trustee and Depositary Services, Fund Accounting, Transfer Agency and Middle Office is strongly desirable;
* Knowledge of primary and secondary UK financial services legislation;
* Excellent knowledge of FCA Handbook & PRA Handbook/Rulebook, in particular in relation to conduct of business requirements in COBS, CASS, MAR, DISP, SYSC and SUP; as well as relevant associated European regulation (MiFID; MAD/MAR; EMIR, SFTR) and industry codes (FX Global Code, Money Markets Code etc)
* Good exposure to technological changes within Financial Services / Custody / Investor Services industries is desirable - e. Robotics Process Automation, Blockchain etc.
* Ability to draft clear and technically accurate regulatory guidance, policies and procedures;
* Ability to assist in devising appropriate compliance desk monitoring programmes;
* Ability to articulate regulatory issues to key relationship contacts;
* Ability to assist with ad hoc internal regulatory investigations; and
* Ability to maintain the confidentiality of sensitive information.

TIME ALLOCATION

* Advice and counsel, including policy work 60%
* Technical Knowledge (keeping abreast of developments) 20%
* Research 10%
* Training (devising and delivering) 10%

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003