Head of Regulatory Research and Market Insight

  • 90-100k
  • London, England, United Kingdom
  • Permanent, Full time
  • Holmes Search
  • 16 Oct 17 2017-10-16

This is a great opportunity to work for a firm who is the leading source of intelligent information for the world's businesses and professionals, providing customers with competitive advantage. Intelligent information is a unique synthesis of human intelligence, industry expertise and innovative technology that provides decision-makers with the knowledge to act, enabling them to make better decisions faster. Our client delivers this must-have insight to the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization.

Role Summary:  The Policy Team is responsible for the Policy, Customer Due Diligence (CDD) Standards, related Lists, Screening Policy and Monitoring Policy, as well as equivalent Policy documents for each jurisdictional Utility.  

Policy Team members specialize in certain areas according to expertise, interests and role requirements. However, the Team’s success is based upon its practice of collaborating and working collectively as single unit. This allows for a dynamic environment where team members are continually challenged to expand skill sets and expertise, and also to support each other achieving team goals.

The Head of Regulatory Research and Market Insight will assist the Global Head of Policy and Standards, Risk Managed Services  in the development, maintenance, operational implementation and oversight of the Policy. From time to time, the Head of Regulatory Research and Market Insight may be called upon to also support the Regional Policy Heads, the Head of Policy Governance and Change and the Head of Policy Compliance.

Responsibilities / Accountabilities:

Regulatory Research:

•Research, analyse and stay current on existing and new global AML and KYC laws and regulations through regulatory “horizon scanning” and other means

•Research, analyse and stay current on existing and new global AML and KYC trends through regulatory “horizon scanning” and other means e.g., reading speeches given by relevant regulators and industry leaders

•Recommend enhancements or changes to the Policy based on research on new or changing AML and KYC laws, regulations and/or market trends

•Draft revisions  to the Policy to incorporate and address new and/or changing AML and KYC laws and regulations and/or market trends

•Produce timelines of AML and KYC regulatory changes with key milestones for implementation

•Produce relevant project plans and communications plans to address regulatory change in the Policy

•Provide advice on global AML and KYC laws and regulations

•Research and analyse other laws and regulations e.g., those related to trade and economic sanctions, bribery and corruption, FATCA, MiFID and others, at the request of the Global Head of Policy and Standards or other Policy team members

•Attend industry meetings to stay current on financial crime related laws and regulations and market trends

•Market Insight:

•Draft and update reference material e.g., Market Summaries and Law Enforcement Summary Reports

•Draft white papers related to regulatory developments, market trends and innovation and industry best practices

Required Essential Skills/Experience:  Successful candidates will be ethical, highly motivated, diligent, self-starters, team players and have the gravitas to engage with senior internal and external stakeholders. 

Successful candidates should have:

•Strong intellectual interest in legislative and regulatory frameworks

•Strong knowledge of AML,  KYC  and sanctions laws and regulations

•Experience of interpreting laws and regulations and translating them to Policy and operational requirements

•Essential business experience and analytical skills including:

◦Analysing complex issues and proposing alternative solutions to issues

◦Analysing concerns/issues raised by stakeholders in multiple global locations

◦Identifying solutions through creative thinking and goal-oriented research and analysis

◦Amending policies and preparing guidance and procedures to implement changes

◦Executing complex projects

◦Building rapport and strong working relationships with internal and external stakeholders at all levels of seniority

◦Developing consensus across disparate internal and external stakeholders

◦Managing change with multiple stakeholders

◦Liaising with dispersed teams

◦Working with clients

◦Working under pressure to meet tight deadlines

Preferred Experience:

•Prior employment with a regulated financial institution

•Prior employment with a Regulator

•Knowledge of client data and processes e.g., completion of KYC  records

•Knowledge of KYC utilities and/or managed service providers

•Experience with drafting business requirements to facilitate technical changes

•Basic understanding of KYC on-boarding workflow platforms e.g., GoldTier

Education / Certifications:

•University degree, preferred

•Law degree, preferred

•International Compliance Association (ICA), Diploma level in AML and/or KYC or Association of Certified Anti-Money Laundering Specialists (ACAMS) certification, preferred