Compliance Officer London (GB)

LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT, which is in turn owned by the Princely Family of Liechtenstein. When we set up LGT Wealth Management in 2008, our aim was to offer a fresh approach to wealth management. Alongside the LLP we also have two other entities which focus on US and Jersey based clients. Our head office is based in London however we have a presence in Edinburgh, Jersey, Leeds, Birmingham and Bristol. The plan was simple: put our clients first by providing a transparent service, designed around what is right for each of them. By drawing together in-depth knowledge and experience from across the industry, we provide a flexible, bespoke service adapted to each of our clients’ needs.
Our mission is to create long-term value for all stakeholders. Our culture encourages individuals to generate, develop and implement ideas which will strengthen our business. Belonging, respect, integrity, conviction and entrepreneurship are our core values. As our brand recognition grows, we are fast becoming an employer of choice in our sector. We have over £29 billion in funds under management and circa 700 staff.

Business Unit

The role of the Legal & Compliance team is to establish, implement, maintain and monitor on behalf of the Firm’s Governing Board and Management Board, adequate policies and procedures sufficient to ensure the Firm’s compliance with its obligations under the regulatory systems in which it operates and to counter the risk the Firm may be used to further financial crime.  In addition, the team provides support to new business initiatives and advises on day to day issues which may arise. 

Brief Role Objective:

Senior member of the Compliance team reporting directly to the Head of Compliance. The role will be acting as a an ‘expert’, ensuring LGT is ahead of the curve with changes and developments within ESG regulatory landscape, this includes but is not limited to SFDR and SDR.  As a new role within the business, this is an opportunity to shape the position and develop your skillset accordingly working with senior stakeholders to influence policy, systems and controls related to the ESG regulatory landscape.

Key Responsibilities:

• Provide proactive advice and guidance to internal stakeholders on ESG regulation, industry standards and other requirements. Internal stakeholders include portfolio managers, research analysts, front office representatives and other colleagues.
• Identify new ESG regulatory or industry developments and analyse the resulting impact on the business.
• Ensure the organisation's sustainable initiatives align with these regulations, including monitoring firm’s approach to conducting due diligence on sustainable investments.
• Contribute to the development of the firm’s sustainability risk framework, including development of appropriate MI/KRIs.
• Develop and update internal policies and procedures and related controls to ensure compliance with ESG regulations.
• Establish and maintain engagement with LGT Group colleagues, clients, industry professionals and regulatory authorities when needed.
• Oversee the preparation and submission of required reports and disclosures under relevant regulations, including but not limited to SDR, SFDR and TCFD.
• Confirm the inclusion of necessary information in marketing materials and website, whilst reviewing for anti-green washing.
• Establish processes for ongoing monitoring of compliance with Monitoring subject matter experts on sustainable investing regulations.
• Develop training programs to educate internal teams on sustainable investing regulations.

Technical Requirements:

• Expert knowledge on ESG related regulations gained through similar roles at other firms
• Good understanding of the wealth management business
• Knowledge and understanding of fund and portfolio management and regulatory knowledge of UCITS and AIFMD requirements is a strong advantage.
• Industry or professional Compliance qualification desirable.

Other skills, competencies and attributes:

• Motivated and conscientious with strong interpersonal skills.
• Excellent organisational skills, including the ability to prioritise and meet deadlines.
• Ability to communicate clearly and succinctly, tailoring communication, whether written or verbal, to the appropriate audience.
• The ability to work both independently but as part of a team.
• Team player who supports other members of the wider Compliance, Legal and Risk Teams as well as those across the business.