Compliance Officer

  • Competitive Salary Offered
  • London, England, United Kingdom
  • Permanent, Full time
  • SEI Investments (Europe) Ltd.
  • 23 Sep 16

This role reports to the Senior Compliance Officer. The role requires an enthusiastic individual, with compliance and/or regulatory experience and with evidence of a clear desire to work in a dedicated Compliance role, to join a Compliance Team supporting the core compliance initiatives and control framework within SIEL’s regulated business.

The SEI Investments (Europe) Limited (“SIEL”) Compliance Team create, develop, implement, monitor and manage the firm’s procedures, key controls and policies to seek to ensure that the firm’s control, risk and governance structures are adequate. The department liaises with, oversee and monitor business areas to ensure that comprehensive regulatory and risk controls are in place and functioning appropriately.

Key Objectives:

The role requires an enthusiastic individual, with compliance and/or regulatory experience and with evidence of a clear desire to work in a dedicated Compliance role, to join a Compliance Team supporting the core compliance initiatives and control framework within SIEL’s regulated business.

The individual will build relationships with key stakeholders, deliver an exceptional performance in the daily provision of assigned regulatory activities (with the intention of being trained up to ultimately provide advisory support with respect to the firm’s outsourced investment processing service offering, the SEI Wealth Platform (“SWP”)) and help successfully drive through compliant requirements and change whilst maintaining excellent relations throughout the organisation.

Responsibilities:

›       Work with and support the relevant leads in Compliance to help the department in its general objective to ensure that the SIEL governance and internal control structures are effective for the firm as a whole, such that SIEL is compliant at all times with all applicable rules and regulations.

›       Oversee, manage and maintain the core compliance regulatory registers:

  • Breaches
  • Complaints
  • Inducements (including Gifts and Benefits).

›       Co-ordinate, maintain and monitor the firm’s compliance with its Personal Account Dealing Policy

›       Assist in the review of financial promotion materials

›       Support the Compliance team with the development and implementation of its compliance training program including a new starter process, log and monitoring program, aiming to ensure all new starters receive appropriate Compliance Training and have access to all the regulatory tools and applications they need to maintain their compliance at the firm.

›       Assist the monitoring section of the Compliance team with conducting, documenting and reporting on monitoring reviews and follow-up implementation of recommendations.

›       Act as focal point for receipt and first review of Firm’s client categorisation and client identification forms

›       Assist with SWP related oversight, due diligence and new business development requests in the context of the firm’s outsourced relationship(s) and vendor management processes and projects

›       Assist in the provision of effective and timely compliance and monitoring management information for senior management and the board

›       Assist with the compilation of certain FCA Regulatory Filings/Reports

Best Practice:

  • Keep current on market conditions, regulation, SEI products and services, etc;
  • Adhere to all relevant FCA requirements and compliance; and
  • Any other ad-hoc projects as required.

Technical Capabilities/Skills & Experience Required for the Role:

›       Degree (or equivalent) preferred

›       Experience with, or knowledge and understanding of; CASS, RDR, Investment Advice, Conflicts of Interest,

›       Experience of working in a platform service provider or with an outsourced financial services relationship would be very beneficial but is not essential

›       Compliance and/or regulatory experience and evidence of a clear desire to work in a dedicated Compliance role.

›       The individual we are seeking must be self-motivated, goal oriented and able to work under pressure in a high volume/intensive environment, complete tasks in a time sensitive and thorough manner, be able to communicate effectively at all levels, undertake assessments and provide clear feedback

›       Good organisational, research and project management skills.

 

SEI is an equal opportunities employer

About SEI

SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of December 31, 2015, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $670 billion in mutual fund and pooled or separately managed assets, including $262 billion in assets under management and $408 billion in client assets under administration. For more information, visit seic.com.

SEI Investments (Europe) Limited (“SIEL”) is SEI’s London based European subsidiary and is regulated by the Financial Conduct Authority.