Lead Associate/Assistant - Compliance Business Partner (4-6 yrs)

Compliance Lead Associate

Role: Assistant Compliance Business Partner

Designation: L58 - Lead Associate

Business Unit Office of the General Counsel

Shift Timings Day Rotational shift (1:30 pm 10:30 pm)

Reporting to Manager

Job Summary:

The Group Compliance Functions aim is to proactively support to generate sustainable value, helping the company to deliver good client outcomes, manage its conduct, protect against regulatory risk, and maintain strong regulatory relationships.

We aim to be a trusted partner to the business. Within internal control system, we form part of the Second Line of Defense, as a function independent from daily business activities.

Our Every Day Effect is to inspire ethical decisions. Compliance is a trusted Professional Partner, supporting sustainable business growth by providing pragmatic advice, oversight, and effective challenge.

We lead the management and coordination of Compliance policies and procedures, identifying applicable regulatory requirements and assisting in implementing relevant processes to enable standards to be met.

We also provide guidance and training. We monitor compliance with regulatory obligations and implemented controls within the Compliance Program. The Compliance team leads the management and coordination of the requirements of our global regulators.

The Business Our global Investment business provides advice and discretionary investment management solutions to defined benefit and defined contribution pension plans as well as to a range of other client types including insurers, endowments and foundations, and private wealth investors.

Principal Accountabilities:

- Manager of People: No

- Applicable Segment(s): HWC Investments.

- Geographic Scope of Role: Global

- Budgetary and risk management responsibilities: No

- Revenue responsibilities: No

Principal Duties/Responsibilities:

- The role will provide support to the Investment Compliance teams globally (Investment CBPs), in the following activities:

1. Identify, Plan and Apply:

- Assess whether investment specific policies and procedures, systems and controls fully address regulatory or compliance strategic requirements applicable to the Investment Business.

- Support the development, implementation, embedding, and maintenance of an efficient Compliance framework of investment specific policies and procedures, systems and controls.

- Review of financial promotions and marketing materials to ensure they comply with respective laws and regulations.

- Identify and assess compliance and regulatory risks in the Investment Business, taking into account relevant internal and external sources of data as well as changes to assessments of other risk types.

- Support Investment CBPs with the delivery of the annual Compliance Plan for the Investment Business.

- Develop risk and control assessments for the Investment Business.

2. Support:

- Support investment CBPs with the development and delivery of compliance training within the Investment Business.

- Support investment CBPs with closure of Compliance owned actions and supporting the closure of regulatory recommendations following internal/external audits.

- Support investment CBPs in the development of global communications to colleagues in the Investment Business as set out in the Compliance Plan and on an ad hoc basis.

- Champion Compliance at all levels of the Investment Business, , support and provide pragmatic risk-based advice and counsel to all appropriate stakeholders as well as provide effective challenge and oversight.

- Provide guidance and advice in developing appropriate tone from the top and awareness of required business conduct and ethical standards, including the Code of Conduct.

- Record keeping in line with regulatory requirements and/or policies and procedures.

- Support Investment CBPs when investigating suspected, alleged or actual breaches of regulatory requirements or Compliance policies and procedures within the Investment Business and ensure resolution.

- Develop corrective action plans and track implementation status for revisions of other compliance-related controls.

- Support Investment CBPs with ad hoc requests to be managed within quality standards and defined timelines.

3. Monitor:

- Help develop and conduct periodic monitoring reviews, reporting results to the relevant CBP, and ensuring that all incidents are escalated appropriately.

- Support the Excellence function in the performance of selected Excellence Reviews, focusing on compliance with regulatory requirements and Compliance policies/procedures.

- Collate and deliver accurate and appropriate compliance metrics and information to the Investment CBPs.

4. Engagement:

- Ensure quality and proactive engagement with the Investment CBPs at all levels, by e.g. attending relevant meetings, and supporting the business in meeting its regulatory obligations.

- Foster close relationships with other Functions including Legal, Risk, CoSec and Internal Audit.

Communications and Relationships:

Internal:

- Strong relationships within compliance team.

- Trusted relationship with business team.

Qualifications and Experience:

Essential:

- 1-2 years experience in compliance within an investment funds/asset management business.

- Understanding regulatory topics impacting the investment business in general, e.g., conflicts of interest, inducements, cross border rules, etc.

- Strong regulatory and corporate governance knowledge/understanding required.

- Excellent interpersonal and influencing skills, with the ability to engage effectively at all levels to promote an effective and business-focused compliance culture.

- Ability to work, both individually and within a team, under pressure to tight timelines and without direct supervision.

- Commercial awareness - a commercial and pragmatic approach to managing compliance risks.

- Commitment to continuous professional development and maintaining excellent understanding of regulatory developments.

- Must be committed to maintaining a robust compliance culture and high ethical standards.

- Always demonstrates high integrity.

- Proactive.

- Organised and methodical.

- Excellent analytical problem-solving skills.

- Strong communication skills, both orally and in writing.

Top 5 Competencies:

- Working in teams

- Driving Excellence

- Adapting to change

- Focusing on clients

- Investigating Issues and Evaluating problem

- Organizing and Prioritizing

Required Qualifications, Skills, Knowledge, Experience:

Qualifications:

- Graduate/PG in Banking and Insurance.

- Supplementary or Additional qualification in investment business, asset management, would be preferred

Behaviours:

- Team player with good interpersonal skills.

- Ability to work well under pressure to tight timelines when needed.

- Organised and methodical and able to prioritise workload effectively.

- Desire to learn and develop both industry and technical knowledge.

Eligibility Criteria:

- Latest Performance Rating: Meets Expectations or above.

- Not on written warning for behaviour or performance within the last 12 months.