Compliance Analyst
Quilter plc
London, UK
Published 1 month ago
Compliance Management Systems / Technology
What the Hiring Manager Says
What the Hiring Manager Says
An exciting opportunity has become available to join an established Compliance Team at Quilter Cheviot, a longstanding investment management firm, reporting to the Compliance Manager responsible for regulatory change and providing support to the business and senior members of the firm.
We are seeking a candidate who has relevant experience in discretionary wealth management and compliance that wants the opportunity to grow.
This role sits within Quilter Cheviot's risk team. The team of ten covers compliance surveillance, advisory, risk and regulatory change.
There is good scope to grow in this role as the regulatory remit is wide covering UK, Dublin, Jersey and Dubai to support business in these regulatory jurisdictions.
In addition, the activity scope is extensive covering investment management, managed portfolio services, funds, sustainability investment solutions and most recently financial planning services.
Learning will be supported by the team with the opportunity to complete professional qualifications and take on additional responsibilities as your development increases. If you are comfortable working autonomously, expanding your knowledge of FCA regulation in the wealth management arena, and growing your role and responsibilities, this position may be for you.
About the Role
Level: 4
Department: Risk
Location: London
Contract type: Permanent
Regulated / non-regulated: Non-regulated
The role is to assist the compliance manager responsible for regulatory change to ensure that Quilter Cheviot is aware of and reacts to all future regulatory change activities in a timely manner. This is achieved by conducting horizon scanning, impact analysis and then if appropriate a gap analyses (if a forthcoming regulation is going to impact the businesses).
The regulatory change function highlights the future regulatory changes to key impacted stakeholders and works with the business to meet the new requirements and tracks progress. With the most impactful changes/ pan Quilter-wide scope changes the QC regulatory change team will work with the project team and collaborate with the other businesses, namely Quilter Investors, Quilter Financial Planning and Quilter Investment Platform.
Besides the core activity of regulatory change other responsibilities include ensuring compliance policies are kept up to date to include the compliance policy and ensuring that Quilter Cheviot's regulatory permissions accurately reflect the activities it is conducting.
In addition, there are ad-hoc tasks that the regulatory change function get involved in for example regulatory applications for a change of business activities, external due diligence questionnaires and dealing with requests from the regulator and presenting/training on new requirements as a result of regulatory change.
Responsibilities:
Applications from people with diverse backgrounds enables our inclusive organisation to thrive. If you feel you don't match our job description exactly, why not take a chance on yourself and apply? You could be exactly what this role needs.
Qualifications required:
Degree or equivalent qualification.
Qualified / or part qualified Diploma in Investment Compliance.
Experience:
Experience working in a compliance role for a wealth management firm / or a professional services firm and ideally with exposure to financial planning.
Evidence of working in an analytical capacity and being able to demonstrate an ability to interpret findings in a coherent and concise manner. Provide pragmatic solutions for the business interpreting and implementing regulatory change based on sound commercial awareness.
Our purpose is to help the generations today and tomorrow to prosper. That means we must guide people through the complexity of planning for their future, with the right financial advice and investment solutions, so that they can have more secure financial futures.
In this ever-changing world, we see that our role in society has never been more meaningful, and we are committed to using our expertise and care to guide our customers through these challenging and unprecedented times.
Our impressive talents and capabilities set us apart, but our unwavering commitment to our customers is what defines us. We truly believe that we have all the ingredients to be the very best in our industry, and we want great people with the care and creativity that we need, to help us get there.
We are passionate about building an inclusive culture where everyone's contribution is valued, and our people can thrive. No matter what your role is or where you sit, your voice will matter. We hope you like what you hear and are interested in learning more about joining us.
#LI-VS1 #QC
Core Benefits
Holiday: 26 days
Quilter Incentive Scheme: All employees are eligible to participate in our incentive scheme, based on the company's performance and their contribution to it
Pension Scheme: 10% non-contributory company pension scheme that can be boosted through personal contributions
Private Medical Insurance: Single cover as standard, cover can be increased at your own cost
Life Assurance: 4x your salary, cover can be increased at your own cost
Income Protection: 75% of salary payable after 26 weeks of absence
In addition to our core benefits we offer a range of flexible benefits that you can choose from and pay for conveniently via a salary deduction.
What the Hiring Manager Says
An exciting opportunity has become available to join an established Compliance Team at Quilter Cheviot, a longstanding investment management firm, reporting to the Compliance Manager responsible for regulatory change and providing support to the business and senior members of the firm.
We are seeking a candidate who has relevant experience in discretionary wealth management and compliance that wants the opportunity to grow.
This role sits within Quilter Cheviot's risk team. The team of ten covers compliance surveillance, advisory, risk and regulatory change.
There is good scope to grow in this role as the regulatory remit is wide covering UK, Dublin, Jersey and Dubai to support business in these regulatory jurisdictions.
In addition, the activity scope is extensive covering investment management, managed portfolio services, funds, sustainability investment solutions and most recently financial planning services.
Learning will be supported by the team with the opportunity to complete professional qualifications and take on additional responsibilities as your development increases. If you are comfortable working autonomously, expanding your knowledge of FCA regulation in the wealth management arena, and growing your role and responsibilities, this position may be for you.
About the Role
Level: 4
Department: Risk
Location: London
Contract type: Permanent
Regulated / non-regulated: Non-regulated
The role is to assist the compliance manager responsible for regulatory change to ensure that Quilter Cheviot is aware of and reacts to all future regulatory change activities in a timely manner. This is achieved by conducting horizon scanning, impact analysis and then if appropriate a gap analyses (if a forthcoming regulation is going to impact the businesses).
The regulatory change function highlights the future regulatory changes to key impacted stakeholders and works with the business to meet the new requirements and tracks progress. With the most impactful changes/ pan Quilter-wide scope changes the QC regulatory change team will work with the project team and collaborate with the other businesses, namely Quilter Investors, Quilter Financial Planning and Quilter Investment Platform.
Besides the core activity of regulatory change other responsibilities include ensuring compliance policies are kept up to date to include the compliance policy and ensuring that Quilter Cheviot's regulatory permissions accurately reflect the activities it is conducting.
In addition, there are ad-hoc tasks that the regulatory change function get involved in for example regulatory applications for a change of business activities, external due diligence questionnaires and dealing with requests from the regulator and presenting/training on new requirements as a result of regulatory change.
Responsibilities:
- In collaboration with the compliance manager, work towards creating a strategic framework in relation to regulatory change management for QC.
- Assess the policy and provisions of the Regulator and the implications for QC through conducting gap analysis where required
- Assist with any remediation work and assess where changes may be required to meet the new regulations.
- Regular review of regulatory publications that includes consultation papers, policy statements and directives.
- Draft communications across the business regarding forthcoming regulatory changes and their implications.
- Review, update and draft procedures and policies to ensure that they reflect accurately the current regulatory environment.
- Liaise with the Compliance team and more widely across the business regarding the implementation of regulatory changes and how they should be integrated effectively.
- Represent the compliance manager at meetings across the business and wider group.
- Assist the compliance manager with other tasks as required.
Applications from people with diverse backgrounds enables our inclusive organisation to thrive. If you feel you don't match our job description exactly, why not take a chance on yourself and apply? You could be exactly what this role needs.
Qualifications required:
Degree or equivalent qualification.
Qualified / or part qualified Diploma in Investment Compliance.
Experience:
Experience working in a compliance role for a wealth management firm / or a professional services firm and ideally with exposure to financial planning.
Evidence of working in an analytical capacity and being able to demonstrate an ability to interpret findings in a coherent and concise manner. Provide pragmatic solutions for the business interpreting and implementing regulatory change based on sound commercial awareness.
Our purpose is to help the generations today and tomorrow to prosper. That means we must guide people through the complexity of planning for their future, with the right financial advice and investment solutions, so that they can have more secure financial futures.
In this ever-changing world, we see that our role in society has never been more meaningful, and we are committed to using our expertise and care to guide our customers through these challenging and unprecedented times.
Our impressive talents and capabilities set us apart, but our unwavering commitment to our customers is what defines us. We truly believe that we have all the ingredients to be the very best in our industry, and we want great people with the care and creativity that we need, to help us get there.
We are passionate about building an inclusive culture where everyone's contribution is valued, and our people can thrive. No matter what your role is or where you sit, your voice will matter. We hope you like what you hear and are interested in learning more about joining us.
#LI-VS1 #QC
Core Benefits
Holiday: 26 days
Quilter Incentive Scheme: All employees are eligible to participate in our incentive scheme, based on the company's performance and their contribution to it
Pension Scheme: 10% non-contributory company pension scheme that can be boosted through personal contributions
Private Medical Insurance: Single cover as standard, cover can be increased at your own cost
Life Assurance: 4x your salary, cover can be increased at your own cost
Income Protection: 75% of salary payable after 26 weeks of absence
In addition to our core benefits we offer a range of flexible benefits that you can choose from and pay for conveniently via a salary deduction.