Regulatory Liaison (Vice President)

Job Description

Job title: Regulatory Liaison; Corporate Title: Vice President; Department: Compliance; Location: London

Company Overview

[Employer hidden — sign up to reveal] is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, [Employer hidden — sign up to reveal] services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking) and Banking. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about [Employer hidden — sign up to reveal], visit www.[Employer hidden].com.

Department Overview

The EMEA Compliance function is part of the Legal & Compliance Department and works with all levels of the firm to assist in the development and maintenance of a strong compliance culture and to support the embedding of appropriate behaviours within the firm’s Wholesale operating practices.

Overview: Key Objectives

• Act as lead for a portfolio of Regulatory Liaison coverage and support the Regulatory Liaison team in their role as a central point of contact between the Prudential Regulation Authority (‘PRA’), Financial Conduct Authority (‘FCA’) as well as other regulators and the firm.
• Attend relevant regulatory meetings with PRA and FCA across a wide range of conduct and prudential issues and take detailed notes.
• Ensure that, where relevant, action points in relation to regulatory requests are promptly and appropriately addressed – these include information requests and other issues the regulators may raise.
• Assist in the coordination of regulatory examinations or investigations as required.
• Help others within the firm to build strong relationships with regulators and understand the requirements of FCA, PRA (and other regulators) and their way of working. This requires the building of strong working relationships across a number of business and control functions within the firm including with members of the senior management team.
• Engage with Compliance staff within [Employer hidden — sign up to reveal]’s EMEA network to help facilitate a coordinated approach to Regulatory Affairs across the EMEA region.
• Understand and keep up to date with the firm’s business, products and the regulatory and commercial environment in which it operates to contribute to the implementation of appropriate compliance policies, procedures and standards
• Provide information to assist senior management and other relevant individuals within the firm in keeping up to date with key regulatory developments.
• Escalate to the Head of Regulatory Affairs any significant issues relating to compliance with applicable regulatory requirements, other regulatory relationship issues, or the wider regulatory environment.
• Assist in the production of compliance management information and metrics to keep senior management and other relevant individuals within the firm informed of key issues relating to the firm’s regulatory relationships and help the firm to be consistent in its approach to regulators.
• Assist in the coordination and communication with Tokyo Compliance and Tokyo Regulatory Affairs in relation to all material regulatory issues arising in the EMEA region such that the firm’s relationships with its Japanese regulators can be appropriately managed.
• Maintain appropriate systems and controls to ensure the firm meets its regulatory and statutory responsibilities with regard to the adequacy of, access to, periods of retention and security of regulatory liaison records.
• Proactively promote the importance of compliance and strong regulatory relationships across the firm.

Skills, Experience, Qualifications and Knowledge Required

• Degree or equivalent professional qualification.
• Experience in the financial services industry with excellent understanding of current and emerging regulatory issues for wholesale investment firms.
• Experience in a Regulatory Liaison role, managing regulatory relationships, engaging with dedicated supervision teams on a regular basis as a first point of contact for the firm.
• Significant experience in coordinating extensive cross-functional regulatory communications, responses and reviews.
• Demonstrated ability to work across different areas of responsibility and expertise.
• Excellent written and verbal communication and relationship management skills, including the ability to engage and bring together front office and corporate colleagues at all levels of seniority across the firm.
• Strong track record as a trusted partner, providing advice, challenge, and briefings on regulatory engagement to senior stakeholders in both front office and corporate functions.
• Proven ability to analyse a broad range of cross-functional matters to identify, assess, and summarise complex issues and actions in a format appropriate to the audience.
• Strong resilience and ability to work under pressure.
• Risk aware with an ability to assess information and topics to prioritise accordingly.
• High level of proficiency on key MS Office packages (Word, PowerPoint, Excel).

[Employer hidden — sign up to reveal] Competencies

• Explore Insights & Vision
• Making Strategic Decisions
• Inspire Entrepreneurship in People
• Elevate Organizational Capability
• Inclusion

Right to Work

The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.

Diversity & Inclusion

[Employer hidden — sign up to reveal] is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us. [Employer hidden — sign up to reveal] is an Equal Opportunity Employer.