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.
The role requires an enthusiastic individual, with significant compliance and/or regulatory experience and with strong 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 individual will build relationships with key stakeholders, deliver an exceptional performance in the daily provision of assigned regulatory activities and help successfully drive through compliant requirements and change whilst maintaining excellent relations throughout the organisation.
› Work with and support the Head and Deputy Heads of Compliance to help the department in its general objective to ensure that the SIEL governance and internal control structures are effective for the Firm as a whole, such that SIEL is compliant at all times with all applicable rules and regulations. › Produce and effectively communicate (verbally and/or in writing, as appropriate) compliance advice which is of high-quality, comprehensive and thoroughly-considered from all relevant angles, in a timely manner, assisting the SIEL Compliance department to achieve its overall objective of supporting the business (incl. where relevant SIEL's international offices) achieve its objectives in a compliant manner. The individual will be primarily responsible for providing advice to the investment management business lines of the Firm and advice may include, but will not necessary be limited to, rules and regulations associated with providing investment advisory services, discretionary management, fiduciary management services to primarily professional clients (including, but not limited to, trustees of pension schemes, IFAs, networks of investment advisors, platform providers, etc.). › Represent Compliance in appropriate Firm Committees and/or Working Groups (e.g. Suitability Working Group). › Act as the lead coordinator of the compliance functions in the Firm's international offices in the Netherlands, South Africa and Hong Kong, including regularly liaising with the heads of those functions, setting expectations, reviewing deliverables and other information received, travelling (if considered appropriate) to those locations, escalating relevant matters as, when and where appropriate, etc. › Manage the Firm's Compliance Officer responsible for Financial Promotions and provide him/her with relevant support, training and guidance, as and when appropriate to help him/her develop. › Review the work of the Firm's Compliance Officer responsible for Financial Promotions associated with his/her responsibilities for: (a) performing 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; (b) developing and implementing compliance training associated with client communications, including financial promotions and client reporting; and (c) writing up new and updating existing compliance-related policies and procedures on investment management related regulatory matters. › Support the Compliance department with the development and implementation of its compliance training program, taking the lead on areas of expertise (e.g. regulatory matters associated with the Firm's investment management business lines). › Assist the Compliance department with writing up new and updating existing compliance-related policies and procedures, taking the lead on areas of expertise (e.g. regulatory matters associated with the Firm's investment management business lines). › Assist in the production of effective and timely management information for Senior Management, the Firm's Committees and its Board of Directors. › Using, as and where appropriate, available compliance or other IT systems, produce, maintain and update the necessary records that demonstrate satisfactory completion of the above-mentioned responsibilities. › As part of performing the abovementioned responsibilities, identify and escalate relevant risks and ensure that identified risks are recorded in the Firm's risk management systems together with sufficient and appropriate controls that aim to minimise the impact of such risks to a level that falls within the risk appetite defined by the Firm's Senior Management and Board of Directors. › Assist in any other ad-hoc projects as required. › With guidance and support, where appropriate, cover for other members of the team in their absence.
› Keep current on market conditions, applicable rules and regulations, SEI products and services, etc.; and › Adhere to all relevant FCA and other requirements, policies and procedures.
Technical Capabilities/Skills & Experience Required for the Role:
› Degree (or equivalent) preferred › Substantial regulatory experience and/or experience of working in a compliance function, preferably in the asset management/servicing sector. › Significant experience with, or excellent knowledge and understanding of rules and regulations associated with; Investment Advice, Discretionary Management, Fiduciary Management, Product Governance, Suitability, RDR, Inducements, Conflicts of Interest, General Governance & Organisational Arrangements (with focus on asset management/advisory functions and activities), Approved Persons, SMCR, Training & Competence, Outsourcing and Delegation, Principal vs Agent, CASS, Record-Keeping, Data Protection, Order Handling & Execution, Transaction Reporting, FCA Reporting, and generally COBS, SYSC, SUP and MiFID II as they apply to the Firm's regulated activities within its investment management business lines. › Excellent practical experience with effectively reviewing financial promotions and other forms of client communications (from a regulatory perspective) and ensuring compliance of such promotions / communications with all applicable rules and regulations. › Excellent verbal and written communication skills are essential. › Excellent management and leadership skills, including strong ability to manage more junior members of the compliance department and provide them with suitable support, training, feedback and guidance. › Practical knowledge and effective application of IT systems including Microsoft Office applications (Word, Excel, Outlook, PowerPoint, Access) › Strong organisational, research, time management and project management skills including: (a) strong ability to prioritise work tasks, projects and activities taking into consideration the risks involved and internal or external deadlines, deliver on those deadlines without compromising quality and without generally having to be reminded of allocated responsibilities or work tasks; and (b) desire and strong ability to document and/or evidence work and support conclusions reached and/or advice given, in an effective and timely manner. › Strong ability to work and interact effectively within a team. › Strong desire and ability to generate and communicate new innovative ideas (e.g. RegTech) and/or adapt to different circumstances, whilst maintaining honesty and integrity, including actively listening and considering (to the extent appropriate) all relevant stakeholders' views. › 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
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, investment management and investment operations solutions that helps corporations, financial institutions, financial advisors, institutional investors and ultra-high-net-worth families create and manage wealth by providing comprehensive, innovative, investment and investment-business solutions. As of 31 December 2016, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $751 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $283 billion in assets under management and $468 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.