Senior Compliance Manager / European MLRO Who we're looking for
As the SIM Europe S.A. AML/CFT compliance officer ("Responsable du contrôle" or "RC") and Senior Manager within the Group Financial Crime Compliance (GFCC) Team you will play a fundamental role in designing, developing and communicating the financial crime framework throughout Schroders. You will act as an expert in your field and assist the Head of Risk & Compliance SIM Europe ("Responsable du respect des obligations" or "RR") and the Group Head of Financial Crime Compliance, advising on regulatory issues, procedures and controls relating to regulatory and legislative issues. You will work closely with key business stakeholders across Schroders locations to advise on all aspects of financial crime; anti-money laundering and counter terrorist financing, anti-bribery and corruption, sanctions, tax evasion, and investigations. There will be a particular reliance on you to navigate the team, and business, through grey areas in a risk controlled way. About Schroders
We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 5,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper. The base
We moved into our new HQ in the City of London in 2018. We're close to our clients, in the heart of the UK's financial centre. In Luxembourg we are present for over 30 years. We have everything we need to work flexibly. The team
You'll be working within a team of financial crime professionals, based both in the UK and across our global locations, all with different areas of expertise to continue to design, develop and communicate a suitable and functional financial crime framework. What you'll do
The knowledge, experience and qualifications you need
- Overseeing Schroders Europe compliance with Luxembourg requirements in respect of - Anti-money laundering, CTF, sanctions; fraud investigation, anti-Bribery and tax evasion.
- Ensure appropriate Policies, Procedures, Systems and Controls are in place to counter possible financial crime risk and any derogations or addendums are approved and appropriately documented.
- Overseeing and challenging Europe's business management and local European MLROs in the implementation of the Group's standards and in addressing identified financial crime risks.
- Manage to resolution financial crime issues as they relate to the Management Company and Luxembourg domiciled funds.
- Making judgements and decisions/recommendations on appropriate actions in relation to financial crime issues escalated from within Europe.
- Perform the role of RC for a number of Funds domiciled in Europe.
- Take a lead role, alongside the other Group Senior Managers, in developing the Group financial crime framework, clearly communicating requirements for implementation.
- Lead in identifying any change to regulation and/or expectations of the Regulator to ensure the controls embedded throughout SIM Europe and the Schroders Group remain relevant.
- Leading the European responses to the annual Group-wide AML and related financial crime risk assessments and MLRO reports.
- Monitor, together with the team, the effectiveness of arrangements with Third Parties e.g. Transfer Agents on whom reliance is placed for assessing risk faced by clients on our behalf.
- Develop and deliver suitable financial crime awareness training both internally and externally to the Transfer Agent, as required.
- Make suitable judgements/decisions/recommendations based on a risk based approach and relevant regulation/legislation to support business activity and provide advice.
- Support in the concise and informative delivery of Management Information and drafting Financial Crime annual updates to various Boards/Committees.
- Act as a focal point for advice and guidance on financial crime matters, whilst building close working relationships with stakeholders across the global business.
- Attending appropriate European industry groups to keep abreast of current or prospective regulatory developments and industry best practices and, where necessary, articulate our views.
- This role includes the management and development of the SIM Europe financial crime team.
What you'll be like
- Typical educational requirement: degree or equivalent.
- Industry recognised qualification in at least one of the financial crime disciplines.
- Considerable and demonstrable experience in financial crime risks and regulatory requirements and best practice processes and controls, either in a relevant asset management or banking environment.
- Experience in executing the RC function.
- Ability to take key decisions that will have a significant financial and/or operational impact on Schroders. Previous solutions may not always be available. Situations will be complex and will be time sensitive.
- Strong ability to communicate, collaborate, lead and influence at an advanced level with others in the organisation across various functional boundaries.
We're looking for the best, whoever they are
- Someone who is a self-starter and able to complete tasks in a timely manner, whilst having appropriate engagement with the wider Senior Management Team both in Europe and in the wider Group.
- A trusted member of a team as well as a trusted advisor to the business.
- Eager to maintain your financial crime knowledge and experiences.
- Keen to develop and maintain your understanding of the Schroders business model, including identifying key stakeholders.
- Excellent communication skills.
- Organised with an ability to reprioritising workload in a short space of time.
Schroders is an equal opportunities employer. You're welcome here whatever your socio-economic background, race, sex, gender identity, sexual orientation, religious belief, age or disability.