FCC Advisory Compliance Manager

Job Description

Advisory Compliance ManagerAbout ComplianceThe Compliance function guides the business units through internal and external change and assists management in ensuring compliance with applicable local laws, regulations, business standards, rules of conduct and established industry practices. As a trustedadvisor, and proactive and challenging partner to the business, the Compliance function aims to support our client in executing its strategy through the provision of practical advice and a risk-based programme of assurance and oversight activities. The Compliancefunction looks to maintain strong relationships with all of the internal business units whilst at the same time remaining independent in its actions. The Compliance function operates on a global basis and is led by the Global Chief Compliance Officer.The AML Compliance team, within which this role sits, provides support for the UK business areas which covers Retail, Institutional and Wholesale businesses. The team sets standards and provides advice and guidance on AML (including Counter Terrorist Financing(CTF) and sanctions) related matters to senior management and the first line teams. It also works with Compliance colleagues in Central Europe, Asia and Group in relation to the development of groupwide policies and standards related to AML.Purpose of your roleThe key focus of the role is to work with the UK Head of FCC Advisory and the UK Money Laundering Reporting Officer to provide advice and support to the business units to ensure current and future processes and controls comply with FIL standards to effectivelycombat money laundering, terrorist financing and financial sanctions related violations.The role will also be a key point of contact across the UK for both the business and operational teams.Key ResponsibilitiesThe ideal candidate will undertake these specific responsibilities:

• Participating in the approval (where appropriate) process for high-risk customers (including Politically Exposed Persons (PEPs)).
• Providing feedback to the business units in respect of proposed procedural, system and control changes to ensure ongoing compliance with FIL Standards.
• Support the regular update of FILs AML Standards as required.
• Provision of advice and guidance to senior management and first line teams on AML related matters associated with complex cases and/or those requiring a non-standard approach
• Assist and contribute to the development of consistent processes within the FCC Team
• Prepare / provide support in the preparation of appropriate AML related management information to senior management based upon activities of the FCC advisory team
• Undertake networking opportunities, such as attending appropriate conferences, to keep abreast of AML compliance issues in the asset management industry
• Keeping up to date with statutory and regulatory developments in relation to anti-money laundering that impact on FIL UKs business
• Involvement in projects or the development of new products, services, distribution channels or new technology to assess money laundering risk and provide advice and guidance to mitigate any identified risks.

Experience and Qualifications RequiredThe ideal candidate will be able to demonstrate the following skills:

• Ability to communicate both orally and in writing, and be able to present credibly and professionally to senior management, senior executives, and Boards where necessary
• Knowledge and experience of UK AML/CTF laws
• Previous experience in compliance or internal audit
• Solid industry experience
• Experience of working with UK regulatory and supervisory regimes
• Experience of dealing with regulators and other Government bodies
• Strong analytical skills, problem-solving ability, and attention to detail
• Good inter-personal skills
• An ability to distil and apply the requirements of regulation and the impact of regulatory change within the sphere of expertise on the FIL business
• The ability to self-manage, organise competing priorities effectively and meet deadlines
• Able to build strong relationships with peers and business counterparts
• Professional qualifications such as Association of Certified Anti-Money Laundering Specialists (ACAMS) and/or International Compliance Association (ICA) desirable

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Keyskills :
AdvisoryAsset ManagementBankingComplianceFinancial Crime2nd Line