The Compliance Analyst will work as part of the Compliance Monitoring team and the wider Compliance team to provide high quality compliance monitoring support to the LGIM(H) regulated entities

The Compliance Analyst will work as part of the Compliance Monitoring team and the wider Compliance team to provide high quality compliance monitoring support to the LGIM(H) regulated entities. This will entail undertaking monitoring tasks and surveillance tests, producing management information data and reports, providing ad-hoc support on Compliance projects and to the Compliance advisory team. 

The Compliance Monitoring team produce and deliver a risk-based Compliance Monitoring and Surveillance Programme. This constitutes carrying out effective monitoring reviews and surveillance testing to deadlines, ensuring mitigating actions to resolve adverse findings are carried out in a timely fashion, and producing high quality management information to reflect findings and risks.

The Compliance Analyst will keep up to date with emerging regulatory issues and risks and seek to understand the businesses under scope to identify the impact on and changes to the conduct risk profile of these businesses.

Principal accountabilities:

1.Contribute to the creation, implementation and delivery of a comprehensive, risk-based Compliance Monitoring and Surveillance Programme covering all businesses under scope and which reflects all relevant regulatory requirements impacting these businesses.

2.Identify regulatory issues and risks while carrying out effective monitoring reviews and surveillance tests delivered within the deadlines set and ensure mitigating actions to resolve adverse findings are carried out in a timely fashion.

3.Maintain detailed knowledge of relevant rules and legislation, analyse developing regulation for impact on the businesses under scope, work with business areas to meet any new regulatory requirements, during normal interactions with these business areas, as part of the Compliance Monitoring Programme’s resolution of findings and in the course of Compliance projects.

4.Help produce clear and to-the-point management information for various groups, committees and team meetings. 

5.Take responsibility for allocated compliance projects and represent the Compliance team in business meetings as required.

6.Support the Compliance Monitoring team in delivering an efficient regulatory risk framework feeding into our risk-based Compliance Monitoring Programme, by ensuring that identified risks are recorded, analysed and taken into account in the delivery of surveillance, monitoring reviews and projects.

7.Efficiently engage and work with other Compliance and Risk team members, for example via training or exchange of information.

Qualifications:

Educated to degree level

Knowledge:

Context and understanding of regulatory requirements in the asset management industry. Knowledge of instruments, trading and the investment decision-making process preferred.

Experience & Leadership:

Good analytical skills and industry awareness including some knowledge of emerging regulation to identify the impact on the business areas and developing strategies.

Ability to work proactively with business areas to meet all new regulatory requirements.

Ability to demonstrate a proactive approach while contributing to the development and implementation of a comprehensive, risk-based compliance monitoring programme for each business area which reflects relevant regulatory requirements impacting the business.

Demonstrate curiosity and ability to challenge whilst undertaking risk assessments, projects, reviews and surveillance.

Demonstrate high attention to detail and ability to work effectively, both individually and within a team to deliver high quality monitoring reviews on time and ensure mitigating actions are followed up comprehensively and on a timely basis.

Ability to work with other compliance team members and business colleagues to promote a good conduct risk and compliance culture so that regulatory expectations are exceeded.

Ability to work efficiently with the Compliance Monitoring Team and senior compliance managers to successfully support the Compliance function and Compliance projects

Demonstrate ability to maintain effective relationships with management and external parties, such as suppliers and outsourcers, to enable the delivery of practical solutions to problems or the implementation of improved systems, processes or controls.

Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, at least 25 days’ holiday (with potential to rise to 26 days), private medical insurance, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.