Senior Compliance Officer London (GB)

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham and Bristol. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.
Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values. As our brand recognition grows, we are fast becoming an employer of choice in our sector. We have over £29 billion in funds under management and circa 700 staff.

Brief Role Objective:

Senior Member of the Compliance team reporting directly to the Head of Compliance. The role sits within the Compliance Advisory sub-team of the overall Compliance team. This varied role will provide exposure to several aspects of the Compliance and opportunities to work closely with various stakeholders within the Firm. 

Key Responsibilities:

• Manage, develop and guise the Compliance Advisory team, currently consisting of four direct reports.
• Provide regulatory guidance and advisory services to all internal business areas, including but not limited to LGTWM Investment Management, Wealth Planning, Business Development, Portfolio Management (e.g. the Centralised Investment Team, Model Portfolio Services) and Alternative Investments.
• Contribute to reporting due from the Compliance team which includes regulatory reporting, LGT Group reporting and local Management Board and Governing Board reporting
• Identify and manage the delivery of Compliance initiatives, these being ‘mini-projects’ and developments within the team, with a focus on efficiency, intelligent use of data and, where appropriate, help introduce automation.
• Analyse, plan and execute actions so to take forward relevant regulatory developments which affect both the Compliance team and/or the wider business.
• Represent the Head of Compliance and Compliance team as part of ongoing initiatives and projects across the Firm providing advice on regulatory impact and best practice, as needed.
• Improve the efficiency of the team with the intelligent use of data and, where appropriate, help introduce automated processes or develop those already in place.
• Provide advice and input into the Firm’s fund management operations, particularly with regard to compliance rules monitoring and regulatory reporting.
• Ensure all audit recommendations, compliance monitoring recommendations and external audit recomendations are dealt with by the team to the required standard.

Technical Requirements

• Good understanding of the wealth management business gained through similar roles at other firms.
• Good knowledge of the FCA Handbook, in particular CASS and COBS.
• Knowledge and understanding of fund management and regulatory knowledge of UCITS and AIFMD requirements is a strong advantage.
• Experience in Bloomberg is an advantage.
• Experience of Power BI is an advantage.
• Industry or professional Compliance qualification desirable.

Other skills, competencies and attributes

• Motivated and conscientious with strong interpersonal skills.
• Ability to manage, motivate, guide and develop those under management.
• Excellent organisational skills, including the ability to prioritise and meet deadlines.
• The ability to produce well structured accurate (in terms of technical knowledge, grammar and spelling) written communications.
• Ability to question politely but firmly to obtain accurate answers to questions asked as part of any testing undertaken.
• The ability to work both independently but as part of a team, both in terms of the Compliance team and with other colleagues throughout the Firm.
• Team player who supports other members of the wider Compliance team.