Newton - Compliance Monitoring Analyst
NewtonInvestment Management is one of BNY Mellon Investment Management's specialists,and they are a London-based global investment house with expertise in a rangeof disciplines, including global, regional and emerging-market equities,multi-asset strategies, absolute return investing and global bonds. A global, thematic approach to investmenthelps them achieve long-term perspective on global financial markets andeconomies, and identify areas of long-term risk and opportunity. Their belief is that responsible investmentis better investment for clients and they consider ESG (environmental, socialand governance) issues in relation to every company in which they invest. Newton is part of BNY Mellon InvestmentManagement, one of the world's largest investment managers. What's on Offer?
Newton is aprofessional, friendly and collegiate place to work offer a number of benefitslike a 12% pension contribution, flexible working hours and opportunities toprogress. The firm looks to attract individuals who are keen to work as part ofa team, in a meritocratic environment, and who are driven to help make theorganisation a great place to work. Newton employees are bright, inquisitive,thoughtful and collaborative. They are highly motivated to deliver performanceand service to clients. Newton prides itself on being an employer of choice,with a commitment to diversity.
BNYMellon Investment Management:
At BNY MellonInvestment Management, we believe the right results begin with being relevantto every client, whether it is engaging with them to create solutions, offeringdiversified strategies or providing insights for better-informed decisions.
That is why wedesigned a model built around investors' needs to offer the best of bothworlds: world-class investment firms with best-of-breed talent and uniquecultures combined with the global scale and strength of BNY Mellon InvestmentManagement. We connect investors with opportunities across every major assetclass, globally. Today, we have eightinvestment firms, one of which is Newton Investment Management.
Webelieve this is how investing should be and we are looking for talent to helpus deliver on our promise.
•Responsible for assisting with the execution of the Newton compliance monitoring plan to include:
oPlanning monitoring assignments and executing them in a timely manner in line with the agreed monitoring plan and BNYM Global Compliance Monitoring methodology
oConducting the pre-scoping exercise for each monitoring review (including meeting with key stakeholders), documenting the scope
oConducting all field work, evaluating risk and processes and procedures, documenting all testing and sampling.
oCompiling and organising all review documentation and testing output to ensure a clear audit trail
oDrafting reports and agreeing issues with stakeholders
oWorking though the QA process and liaising with the Head of Compliance, the Monitoring Manager and key business stakeholders to confirm and document the monitoring issues and actions
oChasing of issue / action closures
oOngoing input of monitoring work to, and maintenance of, the corporate monitoring system
oDemonstrating clear sense of accountability in performing the role.
•Contributing to the Compliance Department's assessment of the regulatory risks faced by Newton
•Involvement in ad hoc Compliance projects and tasks as appropriate
•Representing the monitoring team at governance committees and forums as required and/or preparing monitoring MI
•Assisting with oversight and management of temporary monitoring resources, including summer interns
•Providing any other compliance support as agreed and appropriate
•Management of own ongoing training schedule alongside core role of monitoring review work.
#LI-DB2 Qualifications Key Skills/requirements:
•Solid Compliance background, preferably in 2nd line risk based / thematic monitoring or possibly audit
•Demonstrate understanding of the remit and role of the 2nd line of defence and of Compliance review work in general
•Good level of knowledge of UK regulatory requirements essential, covering topics such as Market Abuse, Conflicts of Interest, TCF, Dealing and Managing, Best Execution, Financial Promotions
•Able to build and maintain relationships with key business stakeholders of all levels
•Able to synthesise, organise and evaluate large amounts of information, think logically and identify potential risks
•Experience of applying monitoring methodologies / audit methodology within financial organisations, preferably within the investment management industry
•Well organised self-starter, able to prioritise quickly and adapt to tight timeframes and meet deadlines
•Able to walk through processes and procedures and detect possible control weaknesses to target testing appropriately
•A good attention to detail balanced with ability to see a wider perspective.
#LI-CT1 BNY Mellon is an Equal Employment Opportunity Employer. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums. Primary Location:
United Kingdom-Greater London-London Job:
Asset Management Internal Jobcode:
Newton-HR06148 Requisition Number: