Manager – Financial Crime Compliance

Who we’re looking for

We are looking for a Senior Compliance Manager, Financial Crime to join our Risk and Compliance, Wealth Management team. 

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 6,000 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. And we have everything we need to work flexibly.

What you'll do

The Senior Compliance Manager, Financial Crime reports directly to the Head of UK Wealth Management Compliance.

The principal responsibilities are:

• Provide advice on regulatory and legislative issues, procedures and controls relating to Financial Crime Prevention in the UK and assist Senior Management and the Head of UK Wealth Management Compliance and the MLRO, as appropriate, in meeting the regulatory standards pertaining to fighting financial crime, as expected by our clients and regulators. 
• Manage the Company’s Financial Crime Prevention team in their advisory, monitoring, education, training and other relevant activities.
• Assist in setting of appropriate financial crime prevention compliance standards and policies in response to evolving regulation, regulator expectations and business developments.
• For the purposes of this document, “Financial Crime” includes the following topics: Anti-money Laundering, Counter Terrorist Finance, Sanctions, Market Abuse, Fraud, Tax evasion and Anti-Bribery & Corruption.

In addition, particular responsibilities include: 

• the maintenance and communication of Group, Divisional and Company Financial Crime related policies and procedures;
• assist in ensuring that the Company has a robust prevention of Financial Crime Framework; 
• assist in setting and implementing strategy on Financial Crime Prevention; 
• assist in undertaking and preparing risk assessments, as necessary;
• assist in setting, agreeing and undertaking an appropriate level of Financial Crime surveillance and monitoring of the business; 
• assist in the production of an annual MLRO reports and the follow up or completion of remedial actions raised in those reports; 
• the coordination of management Financial Crime reporting (including MI / KPIs); 
• the maintenance of a central SAR / STOR log; 
• the maintenance, implementation and completion of appropriate staff training; 
• assist in the communication of regulatory changes related to Financial Crime;
• advising the business on obtaining and recording sufficient information about clients to meet “know your client” and anti-money laundering requirements;
• managing and recording fraud events, reporting to the Group Financial Crime team, as necessary;
• assist in responding to queries or information requests from the PRA, FCA, SEC or other regulatory authorities; 

The knowledge, experience and qualifications you need

Relevant experience in 2nd line Financial Crime Prevention in Wealth Management, Private Banking, Asset Management and/or legal or financial services consultancy.

The knowledge, experience and qualifications that’ll help

Relevant professional qualifications. 

We recognise potential, whoever you are

Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.