Senior Compliance Officer - Core Services Team

Description of the Business Line or Department

The Kleinwort Hambros (KH) Group Compliance Team sits within the Compliance, Anti-Money Laundering and Financial Crime CPLE function and is responsible for monitoring and advising the business in respect of all conduct -related regulatory matters, including:

• Client and Investor Protection
• Market Integrity
• ABC and Conflicts
• Regulatory liaison including non-financial regulatory reporting
• Compliance projects
• Regulatory change requirements

The Group Compliance Team is also responsible for managing and maintaining the Annual Compliance Plan, Compliance Risk Assessments (CRAs) and developing the annual risk-based Compliance Monitoring Plan (CMP) based on CRA results for KH Group entities in the UK, Channel Islands, Gibraltar and Singapore.

These activities are across the Group KH Businesses, functions, and jurisdictions within the second line of defence to obtain reasonable assurance to ensure that the business is operating in line with relevant laws, regulations, codes and SG and SGKH Group Standards within the Regulatory Compliance space.

Summary of the key purposes of the role

• The day-to-day management of the UK Compliance inbox, including queries from business, financial promotions, conflicts of interest
• Gift and Entertainment review and approval
• Regulatory reporting and MI reporting / aiding the team to collate information for committee presentations
• Completion of compliance controls
• Maintaining appropriate policies and procedures
• Assisting in the roll out of the Annual Compliance Attestation
• Drafting and presenting Compliance training material including Compliance New Joiner Induction training, annual training and ad-hoc training sessions
• Development and maintenance of the Compliance Risk Assessment and annual, risk-based Compliance Monitoring Plan.
• Breaches management, review and logging
• Oversight of complaints handling
• Development and maintenance of the Compliance Risk Assessment and annual, risk-based Compliance Monitoring Plan.
• Providing advisory support to the business in respect of the regulatory activities covered
• Analysis and documentation of regulatory change relevant to the business and working on regulatory change projects

Summary of responsibilities

Specific

• Responsibility for the advice and guidance to the business units on relevant regulatory obligations and requirements both proactively and in response to queries
• Act as a lead Compliance officer for relevant policy review (both relevant BUs and Compliance) and analysis of the SG Code
• Work with the Compliance team to ensure that the firm establishes and maintains appropriate, policies, procedures, systems and controls to meet its regulatory obligations and requirements.
• Assume responsibility for relevant regulatory change items and review and assess the impact of new national and international legislation, regulation, guidance and rules.

Generic

• To assist senior management to ensure that the firm establishes and maintains at all times effective systems of internal controls in order to manage and minimise the risk of losses to clients or to the business from errors or irregularities. Identify actual or potential weaknesses of internal controls, so that prompt remedial action may be taken by senior management.
• To lead where requested on project work to assess the firms' regulatory exposure and provide advice to the business to ensure compliance.
• To assist by taking an active role in communications with regulators, auditors (internal & external) other group companies and external organisations where appropriate. To assume responsibility for the successful completion of audit recommendations and regulatory action and assist in their implementation. To oversee the delivery of regulatory reporting requirements.
• To assist in the delivery of education, awareness and training to staff.
• Perform all duties in accordance with the principles outlined in the SG Code of Conduct, as well as the policies and procedures relevant to your responsibilities, to ensure that you adhere to a culture that treats clients fairly and focuses on the long term sustainability of client relationships.

Competencies

• Financial services experience including a good understanding of some or all of the Financial Services activities performed by Kleinwort Hambros Group entities in the UK, Channel Islands and Gibraltar (banking, investment management, fiduciary, wealth management)
• Factual analysis and report writing skills
• Ability to assess and analyse information
• Attention to detail and focus
• Good written and communication skills
• Team Spirit and Collaboration
• Knowledge of private banking business, products and services
• Good knowledge and understanding of control frameworks and risk assessments