Assistant Compliance Business Partner - Lead Associate

Description

Role : Assistant Compliance Business Partner

Location : Thane

Shift : 1.30 pm to 10.30 pm

Work Style: Hybrid

Principal Accountabilities

• Manager of People: No
• Applicable Segment(s): HWC – Investments.
• Geographic Scope of Role: Global
• Budgetary and risk management responsibilities: No
• Revenue responsibilities: No
  
  

Principal Duties/Responsibilities

The role will provide support to the Investment Compliance teams globally (Investment CBPs), in the following activities:1.

Identify, Plan and Apply

• Assess whether investment specific policies and procedures, systems and controls fully
  
  

address regulatory or compliance strategic requirements applicable to the Investment

Business. Support the development, implementation, embedding, and maintenance of

an efficient Compliance framework of investment specific policies and procedures,

systems and controls.

• Review of financial promotions and marketing materials to ensure they comply with
  
  

respective laws and regulations.

• Identify and assess compliance and regulatory risks in the Investment Business, taking
  
  

into account relevant internal and external sources of data as well as changes to

assessments of other risk types.

• Support Investment CBPs with the delivery of the annual Compliance Plan for the
  
  

Investment Business.

• Develop risk and control assessments for the Investment Business
  
  

Support

• Support investment CBPs with the development and delivery of compliance training
  
  

within the Investment Business.

• Support investment CBPs with closure of Compliance owned actions and supporting
  
  

the closure of regulatory recommendations following internal/external audits.

• Support investment CBPs in the development of global communications to colleagues
  
  

in the Investment Business as set out in the Compliance Plan and on an ad hoc basis.

• Champion Compliance at all levels of the Investment Business, , support and provide
  
  

pragmatic risk-based advice and counsel to all appropriate stakeholders as well as

provide effective challenge and oversight.

• Provide guidance and advice in developing appropriate ‘tone from the top’ and
  
  

awareness of required business conduct and ethical standards, including the Code of

Conduct.

• Record keeping in line with regulatory requirements and/or WTW policies and
  
  

procedures.

• Support Investment CBPs when investigating suspected, alleged or actual breaches of
  
  

regulatory requirements or WTW Compliance policies and procedures within the

Investment Business and ensure resolution. Develop corrective action plans and track

implementation status for revisions of other compliance-related controls.

• Support Investment CBPs with ad hoc requests to be managed within quality standards
  
  

and defined timelines.

Monitor

• Help develop and conduct periodic monitoring reviews, reporting results to the
  
  

relevant CBP, and ensuring that all incidents are escalated appropriately.

• Support the Excellence function in the performance of selected Excellence Reviews,
  
  

focusing on compliance with regulatory requirements and Compliance

policies/procedures.

• Collate and deliver accurate and appropriate compliance metrics and information to
  
  

the Investment CBPs..

Engagement

• Ensure quality and proactive engagement with the Investment CBPs at all levels, by e.g.
  
  

attending relevant meetings, and supporting the business in meeting its regulatory

obligations..

• Foster close relationships with other Functions including Legal, Risk, CoSec and Internal
  
  

Audit

Communications and Relationships

Internal

• Strong relationships within compliance team.
• Trusted relationship with business team.
  
  

Essential

Qualifications and Experience

• 1-2 years’ experience in compliance within an investment funds/asset management business.
• Understanding regulatory topics impacting the investment business in general, e.g., conflicts of
  
  

interest, inducements, cross border rules, etc….

• Strong regulatory and corporate governance knowledge/understanding required.
• Excellent interpersonal and influencing skills, with the ability to engage effectively at all levels to
  
  

promote an effective and business-focused compliance culture.

• Ability to work, both individually and within a team, under pressure to tight timelines and without
  
  

direct supervision.

• Commercial awareness – a commercial and pragmatic approach to managing compliance risks.
• Commitment to continuous professional development and maintaining excellent understanding of
  
  

regulatory developments.

• Must be committed to maintaining a robust compliance culture and high ethical standards.
• Always demonstrates high integrity.
• Proactive.
• Organised and methodical.
• Excellent analytical problem-solving skills.
• Strong communication skills, both orally and in writing.
  
  

Behaviors

• Team player with good interpersonal skills
• Ability to work well under pressure to tight timelines when needed
• Organised and methodical and able to prioritise workload effectively
• Desire to learn and develop both industry and technical knowledge
  
  

Eligibility Criteria

• Latest Performance Rating: Meets Expectations or above
• Not on written warning for behaviour or performance within the last 12 months
  
  

Experience

• Minimum 24 months of experience in the current role
  
  

Qualifications

Qualifications:

• Graduate in Banking and Insurance
• Supplementary or Additional qualification in investment business, asset management, would be