Head Compliance, Wealth Management

London, United Kingdom

Who we're looking for

We're looking for a Head of UK Compliance to join our Wealth Management division. Reporting to the Chief Compliance Officer, Wealth Management, you will be accountable for leading the UK Compliance function across the UK Companies, providing clear, independent and commercially informed compliance advice, and supporting the effective identification, assessment and management of regulatory risk.

About us

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.

What you'll do

The Head of UK Compliance is responsible for leading the delivery of a robust, risk-based and forward-looking compliance framework for the UK Companies. He / She is responsible to lead the day-to-day activities of the UK Compliance function, including advisory support, regulatory reporting, disclosures, surveillance and monitoring, to assist Schroder & Co Limited and Schroder Wealth Management US Limited (the “UK Companies”) in meeting the regulatory standards expected by clients, regulators and the Schroders Group.

Key responsibilities:

The Head of UK Compliance shall discharge all responsibilities with integrity, independence, sound judgement and transparency, promoting the long-term success of Wealth Management and the Schroders Group while ensuring that regulatory risks are identified, assessed, escalated and managed in a proportionate and timely manner.

In discharging these responsibilities, the Head of UK Compliance shall establish and maintain appropriate governance, oversight and operating arrangements for all areas within his/her remit and shall:

• Provide timely, pragmatic and independent advice on regulatory developments, day-to-day business activities, projects, complaints, breaches, new products and services, and the development of internal policies and procedures;
• Implement, oversee and continuously enhance compliance frameworks supporting the UK Companies’ adherence to applicable regulatory requirements, the Group’s risk management framework and relevant policies;
• Support effective and constructive engagement with UK regulators in respect of the UK Companies, ensuring that regulatory communications are accurate, timely and appropriately escalated;
• Review financial promotions and marketing materials from a compliance perspective, ensuring that communications are clear, fair, not misleading and aligned with applicable regulatory expectations;
• Oversee regular surveillance, monitoring and thematic reviews, including the identification, assessment, reporting and escalation of potential regulatory issues;
• Maintain accurate and complete compliance records, including those relating to complaints, breaches, regulatory correspondence, financial promotions and monitoring activity;
• Review, maintain and support the implementation of internal policies and procedures, ensuring they remain current, proportionate and aligned with applicable regulatory requirements and Group standards;
• Coordinate and respond to requests, reviews and findings from Group Compliance, internal audit, external audit…