Compliance Officer

  • £market rate
  • London, England, United Kingdom
  • Contract, Full time
  • JP Morgan
  • 09 Nov 17 2017-11-09

JPMorgan Private Bank is the world's premier private bank, operating globally, catering for an ultra-high net worth client base with highly sophisticated investment, wealth preservation and financing requirements. Through discretionary and brokerage services the Private Bank offers a broad range of investment solutions encompassing regulated and alternative investment funds, segregated managed accounts, foreign exchange, fixed income, equities, structured products and derivatives.

Compliance Officer

EMEA Wealth Management Compliance Coverage Strategy

The EMEA Wealth Management Compliance coverage strategy requires:

Product expertise, the in-depth knowledge of a full range of products, including the development, marketing, launch and retirement of UCITS vehicles and segregated managed accounts; and

Core expertise, the in-depth knowledge and application of firm policy and regulatory requirements across multiple product, service and jurisdictions. Examples include product governance, suitability, marketing and financial promotions and fund governance.

Position Description

The successful candidate will report directly to the EMEA Head of Investments Compliance and will be a key member of a small but highly regarded team. The individual will provide general support to the Private Bank businesses in EMEA excluding Switzerland conducted in the region and will focus on support for the development, launch and marketing of JPMorgan and third party strategies and fund products. The individual will:

  • Assess and analyse Compliance and Regulatory issues in respect of proposed new products and services and procedures with specific reference to JPMorgan and third party strategies and fund products;
  • Assist business management in the development of policies and procedures designed to achieve and ensure compliance with firm and regulatory requirements;
  • Provide clear advice on the application of UK and EU rules and firm policy;
  • Provide input into the Compliance Risk Assessment, Testing, Monitoring and Surveillance processes;
  • Work with global and regional compliance management;
  • Identify and investigate potential rule and policy breaches, conduct investigations, coordinating corrective action with other control functions as necessary/required; and
  • Keep abreast of industry trends and anticipate areas of focus and attention of regulators, keeping business management and Compliance colleagues informed.

Qualifications and Skills

  • Educated preferably to Degree Level, possibly with appropriate accounting or legal qualification/background
  • Significant experience working in a similar role
  • Good working knowledge of FCA Handbook, EU regulations and US securities laws
  • Excellent working knowledge of Private Banking investment products and, in particular, mutual funds and UCITS vehicles
  • Previous work experience in Investment Banking, Private Banking or Asset Management
  • Ability to work in a fast-paced, dynamic and demanding environment.
  • Attention to detail and control/quality awareness
  • Good communication skills especially the ability to articulate complex issues to a range of audiences, including business management, other Legal and Compliance colleagues, Audit and regulatory authorities

Good organisational and planning skills