Manager - Compliance/Risk - Asset Management - BFS

- The Central Approval Team will be the Control Owner for all Asset Management financial promotion content. The team owns the centralised and globally consistent process for compliance review, approval, record keeping and monitoring of financial promotion content across all markets and all teams. It also aims to drive quicker and more efficient go-to- market for financial promotion content leading to growth in sales engagement opportunities, whilst ensuring adherence to all local regulatory requirements.

- This role is part of the Asset Management Client Business, CoE function and works closely with all other functions within the business which are involved in financial promotions management cycle to mitigate regulatory and operational risk.

- As a member of the Central Approval Team, one of the key responsibilities will be to support and deliver the objectives of the Central Approval Team.

- To be successful in this role, you will need to have an understanding of the regulatory requirements with respect to financial promotion content. Good team working skills and working with internal teams and various stakeholders.

Principal Accountabilities :

Key activities and decision making areas:

- Assist in the compliance review and approval process for the complete life-cycle of all financial promotion content across Asset Management - including self-compliance and Regulatory Compliance (RC) approval coordination at the Point of Manufacture (POM), Point of Distribution (POD) and Point of Customization (POC)

- Review the financial promotion content produced by various teams across the business, and ensure all content is clear, comply with regulatory requirements and internal policies

- Add the appropriate disclaimers and disclosure to all approved financial promotion contents Publish approved documents to global and local content repositories (including Seismic)

- Maintain the full library of disclaimer/disclosure for all markets and all investment strategies

- Maintenance Global Compliance Checklist (in agreement with RC)

- Update disclaimer/disclosure library, Global Compliance Checklist and Compliance Training & Testing to ensure all financial promotions reflect these changes

Typical Targets and Measures :

- No avoidable operational losses as a result of advice/guidance from the team or inadequate oversight or intervention. Regulatory censure avoided or where unavoidable, mitigated

- Timely production of MI required for meetings

- Applicable standards, policies and procedures developed and implemented.

- Ensure that relevant standards, policies and procedures meet regulatory needs

Operational Effectiveness & Control :

- Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business.

- Understand the Treating Customers Fairly (TCF) principles, AM's TCF philosophy.

PUBLIC :

Typical Targets and Measures :

- Adherence to Risk, Compliance, Global Standards and FCC requirements.

- No high risk or repeat audit points.

- All material breaches logged in required timescales and timely updates provided. Risk Acceptance process adhered to where appropriate and as per DIM requirements

Management of Risk :

- Adheres to processes and controls to identify and mitigate risks and ensures timely escalation of control issues and reputation risks.

- Demonstrates a good understanding on regulatory and compliance matters. Maintains awareness of risk and minimizes the likelihood of it occurring through its identification, assessment, mitigation and control.

Observation of Internal Controls :

- Maintains internal control standards and addresses audit points and/or any issues raised by regulators in a timely manner.

- Maintains internal control standards and addresses audit points and/or any issues raised by regulators in a timely manner.

- Maintains a compliance culture, managing compliance risk and ensuring that the necessary training is completed.

Qualifications :

- Experience in asset management compliance, with a focus on financial promotion content

- Understanding of regulatory requirements for financial promotions in the asset management industry

- Ability to understand and apply the regulatory requirements w.r.t the financial promotion content.

- Good communication and interpersonal skills to work effectively with different teams and stakeholders

- Ability to work independently and manage multiple tasks in a fast-paced environment

- Strong attention to detail and ability to analyze complex information

- Experience working with Regulatory Compliance professionals and responding to inquiries or requests for information