Onboarding & Periodic Review Executive

About Us
 

Rothschild & Co is a leading global financial services group with seven generations of family control and a history of over 200 years at the centre of the world's financial markets.

Our expertise, intellectual capital and global network enable us to provide a distinct perspective that makes a meaningful difference to our clients, communities and planet.

We have 4,600 talented specialists on the ground in over 40 countries around the world, enabling us to deliver a unique global perspective across four market-leading business divisions – Global Advisory, Wealth Management, Asset Management and Five Arrows.

As a family-controlled business built on relationships, we place a huge emphasis on our people and finding the right colleagues to take our business forward.

Rothschild & Co is committed to an inclusive and supportive environment where different perspectives are valued. We are focused on the attraction and recruitment, development and retention and progression of high calibre talent to ensure we and our clients benefit from the value of difference.

Rothschild & Co Wealth Management

Within Wealth Management we offer an objective long-term perspective on investing, structuring and safeguarding assets, to preserve and grow our clients’ wealth.

We provide a comprehensive range of Wealth Management services to some of the world’s wealthiest and most successful families, entrepreneurs, foundations and charities. In an environment where short-term thinking often dominates, our long-term perspective sets us apart. We believe preservation-first is the right approach to managing wealth.

Rothschild & Co Bank International

Rothschild & Co Bank International Limited (“R&CoBI”) is the Group’s bank in Guernsey. It was established in 1967 and will be celebrating a presence of 60 years in Guernsey in 2027. The 2025 financial statements of R&CoBI indicate balance sheet footings of approximately £3bn and profits before tax of c.£20m. It has approximately 60 staff.

The Onboarding and Periodic Review Team

The Onboarding and Periodic Review team is responsible for the timely and compliant take-on of all new clients and the ongoing periodic review of existing clients. These include accounts for individuals and legal entities, such as companies and trusts.

The team is responsible for the timely and compliant review of all existing accounts in line with AML/CFT regulatory and international tax compliance requirements. This includes the review and approval of all low and medium risk clients and a review of high risk and PEP clients before escalating these to Compliance for approval, in line with the risk-based periodic review cycle. In addition, the team also complete trigger reviews as and when required.

The team is also responsible for creation and ongoing review of all client’s static data held in the system and updating the data where necessary.

Overview of Role

We are looking for a suitable candidate for the role of Periodic Review Executive. The role involves daily contact with Front Office teams and Compliance to facilitate the ongoing review of all clients, as well as contact with colleagues in the wider group, concerning mutual relationships. From time to time, the successful candidate will also assist with the Onboarding workflow.

The candidate should be able to demonstrate a strong understanding of the regulatory framework relevant to the role, whilst grasping the importance of a smooth and efficient service for the Front Office teams and end clients. The candidate should possess strong organisational skills, a high level of attention to detail, along with an ability to manage several tasks at the same time and deliver to challenging deadlines when required.

The candidate is expected to demonstrate good communication skills as they will need to clearly explain remediation requirements to Front Office client teams. The candidate will also need to show an ability to be pragmatic and proactive when presented with a problem which requires “out of the box” thinking.  The candidate should also be able and confident to generate ideas to help improve current procedures and controls to prevent future errors, improve quality and to make processes more effective and efficient.

Elements of the review process

• Review of all client documentation including client signed forms, source of wealth narrative and corroboration and broad client due diligence
• Risk assessment of client relationships to determine whether the risk rating should be changed, or they should be escalated to the Compliance team for review
• Communicating with the Front Office to explain the remediation requirements, and drafting client communications for the Front Office to reach out for any required documentation
• Recording and monitoring for receipt of any documents requested from the Front Office during the review process
• Ensuring that clear and complete records are maintained to document the review process
• Presentation of High-Risk cases to the Business Acceptance Committee to request approval for the continuation of the relationship
• Updating client data in the banking system
• Regular reporting to the Team Leader and senior management on the progress of the reviews

Teamwork

• Raising any concerns or issues to senior team members or the Money Laundering Reporting Officer
• Assisting the wider team with central tasks, such as other IT and regulatory projects and SWIFT Sanctions Transaction Screening
• Management and prioritisation of own workload

Key Competencies

•  In depth knowledge of regulatory CDD requirements, including corporate entities and trusts
• At least two years minimum experience of working within a periodic review team working in the financial services sector
• Competent IT skills including Microsoft Office
• Diligent and high level of attention to detail
• Excellent oral and written communication skills
• Strong organisational and time management skills
• Self-starter and team player

Our goal is to have a balanced, inclusive and flexible environment which enables all colleagues to achieve their personal and professional aspirations, and to ensure that Rothschild & Co provides longer term opportunities for talent.