Senior Compliance Manager, Distribution

Recruiter
Schroders Investment Management
Location
London (Greater)
Posted
05 Dec 2018
Closes
10 Dec 2018
Sector
Legal
Contract Type
Permanent
Hours
Full Time
Team Overview The Global Head of Compliance is based in the UK. Responsibility for UK Compliance is split between the Investment, Distribution, Infrastructure and Regulatory Change teams, each having direct responsibilities in the UK with oversight and co-ordination roles globally in relation to their compliance areas. The Head of Compliance, Distribution is supported in the UK by a Senior Compliance Manager, two Compliance Managers and two Compliance Specialists. It is the role and responsibility of the Compliance Department, among other things, to: - advise Schroders businesses on regulatory requirements, best practice and the implementation thereof, - communicate and support the implementation of regulatory changes and developments, - complete compliance monitoring in line with the annual compliance monitoring programme. Overview of role The role is part of the UK Distribution Compliance team and comprises the following main elements: • To provide high quality advice to Distribution business management, policy decisions and judgement in relation to Compliance issues arising and to oversee the delivery of appropriate training and compliance monitoring programmes in relation to UK Fund Services, Product Development, Distribution Operations and UK Institutional including Client Services • To oversee and be responsible for two staff members, their priorities, resources and activities • As a senior manager, to support Head of Compliance, Distribution in leading the UK Distribution Compliance team and to function as deputy. The key responsibilities of the role are: • Provide Compliance advice and guidance in relation to the business areas supported by the Distribution compliance team, which includes UK Fund Services, Client Services (both retail and institutional), Intermediary and Institutional sales, Marketing and Product Development. • To co-ordinate with the Head of Regulatory Change and identify, review and track regulatory change affecting Distribution and Product and communicate as appropriate. Analysing the impact of relevant regulatory consultation papers and policy statements for their potential effect on the business. • To support the Head of Compliance, Distribution in respect of thematic issues and regulatory information requests and visits. • To the extent that they relate to UK Distribution and Product matters, review local Compliance manuals to ensure they are up to date, reflecting current working practices and relevant regulatory requirements. • To support the drafting of the annual monitoring plan and take responsibility for the execution of the reviews agreed to be performed by UK Distribution Compliance. • To assist in the drafting of periodic reporting to company boards and committees attended by the Head of Compliance, Distribution, or to feed into other Compliance MI. • Review and provide guidance on Distribution and Product policies and procedures to ensure that relevant regulatory requirements are met. • Ensure that complaints, breaches, pricing errors and other errors relevant to Distribution and Product areas are appropriately identified, escalated and resolved. • Identify regulatory training requirements within Distribution. Devise and deliver training to meet identified training requirements • Assist with the performance of other compliance related activities and projects as required. This role will include line management for two team members. Essential Skills: • Relevant Compliance / Asset Management experience working within the UK regulatory environment • Ability to demonstrate and evidence strong commitment to Compliance and essential underlying values • Reliable and well organised • Good written and oral communication skills • Confident in dealing with people at all levels, and comfortable with giving presentations and training • Strong technical skills and knowledge of both retail and institutional distribution activities • Attention to detail • Able to work to tight deadlines and remain calm under pressure • Able to build trust and foster relationships with relevant teams / areas • Proficient in use of Excel, Word, Outlook and the internet Desirable Skills • Relevant professional training (e.g. Accounting/Audit, Legal, Compliance) • Major European or Asian languages Schroders is an equal opportunities employer and welcomes applications regardless of sex, marital status, ethnic origin, sexual orientation, religious belief or age.

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