Compliance Officer – Financial Promotions

  • Competitive salary offered
  • London, England, United Kingdom
  • Permanent, Full time
  • SEI Investments (Europe) Ltd.
  • 19 Feb 18 2018-02-19

The role requires an enthusiastic individual, with compliance and/or regulatory experience and with evidence of a clear desire to work in a dedicated Compliance role, to join a Compliance department supporting the core compliance initiatives and control framework within SIEL’s regulated business.

The SEI Investments (Europe) Limited (“SIEL” or the “Firm”) Compliance department creates, develops, implements, monitors and manages the Firm’s procedures, key controls and policies that seek to ensure that the Firm’s control, risk and governance structures are adequate. The department liaises with, oversees and monitors business areas to ensure that comprehensive regulatory and risk controls are in place and functioning appropriately.

Key Objectives:

The role requires an enthusiastic individual, with compliance and/or regulatory experience and with evidence of a clear desire to work in a dedicated Compliance role, to join a Compliance department supporting the core compliance initiatives and control framework within SIEL’s regulated business.

To ensure that SIEL marketing materials and other external communications comply with internal policies and applicable regulation, by reviewing and signing off on those documents where required and by accompanying business teams that produce those documents with training and guidance on the principles that must be observed.

  • Review financial promotions / marketing material destined for dissemination outside of SIEL in accordance on SIEL policies and applicable European regulation.
  • Provide guidance and advice to stakeholders on the principles to observe for the elaboration of financial promotions / marketing material
  • Own and enhance the financial promotions approval framework, ensuring the framework remains appropriate for approval of both Professional and Retail content in accordance with COBS 4 and MiFID II jurisdictional requirements.
  • Participate and provide input in the definition of rules to govern the process of review and approval of financial promotions / marketing material, taking into account evolutions in the regulatory landscape and emerging best practices.
  • Perform risk-based, effective and comprehensive compliance reviews of financial promotion, client reporting and other client communication templates and documents that require such a review, in accordance with SIEL’s Client Communications policy.
  • Participate when required in projects to refine the process of review and approval of marketing material and the tools used for this purpose, with an eye on maintaining and improving its efficiency
  • Provide training to and ensure awareness on the part of internal stakeholders on the principles that must be observed for the elaboration of financial promotions / marketing material
  • Manage own workload in terms of signoffs, prioritising where required.
  • Make recommendations for improvement of processes and be able to communicate these effectively in policies and procedures.

Best Practice:

  • Keep current on market conditions, regulation, SEI products and services, etc;
  • Adhere to all relevant FCA requirements and compliance; and
  • Any other ad-hoc projects as required.

 

Technical Capabilities/Skills & Experience Required for the Role:

  • Experience on distribution and financial promotion matters, preferably within the Asset Management industry
  • Relevant industry qualification or degree (or equivalent)
  • Regulatory experience and/or experience of working in a compliance function, preferably in the asset management/servicing sector.
  • Excellent understanding of European regulatory requirements related to financial promotions and their practical application
  • Ability to shape and implement procedures with global reach
  • Strong organisational and time management skills
  • Excellent communication skills, both oral and in writing, with the ability to work across different jurisdictions and with stakeholders across different parts of the firm
  • Pragmatic and common-sense approach to solving business problems
  • Self-starter with ability to multi-task
  • Ability to build business relationships
  • Good judgment and ability to identify issues and escalate them as appropriate
  • Capacity to influence and convince
  • Ability to navigate complex/changing regulatory and organisational environments
  • Evidence of a clear desire to work in a dedicated Compliance role - Must be self-motivated, goal-oriented and able to work under pressure in a high volume/intensive environment, complete tasks in a time sensitive, professional and thorough manner, be able to communicate effectively at all levels, undertake assessments and provide clear feedback.

SEI is an equal opportunities employer

About SEI

SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of September 30, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $845 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $325 billion in assets under management and $516 billion in client assets under administration. For more information, visit seic.com.

SEI Investments (Europe) Limited (“SIEL”) is SEI’s London based European subsidiary and is regulated by the Financial Conduct Authority.