Junior Compliance Consultant (Bovill Newgate)

Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance

We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices.

With a curious mindset, we ask the right questions to get to the right solution, faster. We collaborate to win together, sharing successes and shaping the future of our global business. Our culture of support and recognition provides the tools and opportunities for you to grow, while unlocking the most value for our clients and making your mark with Ocorian.

Expertise: We deliver specialist, tech-enabled solutions for our clients grounded on deep industry expertise.

Trust: We’re a trusted partner to over 8,000 clients globally. We are proud to have long-lasting partnerships with our clients.

Scale: With more than 1,500 colleagues, we operate across 20+ countries, our scale enables us to support our clients globally and locally, providing a seamless client experience across borders and service lines.

What's in it for you? 

• Competitive salary
• Hybrid working
• Flexible working hours
• Pension Scheme
• Private medical insurance
• Dental plan
• Life assurance
• Income protection & Critical illness

We are searching for a Compliance Consultant to join our experienced compliance process outsourcing team. You will learn about the asset management and broking industries and the regulations that apply. You will be part of our client team where you will be setting up and executing compliance policies and procedures, monitoring, training and assisting with authorisations and providing regulatory advice. You may also be asked to get involved in practices in the wider Bovill-Newgate team look after many other financial services firms such as capital markets firms, investment advisers, wealth managers, payments services, consumer credit firms, mortgage intermediaries and insurance brokers and Crypto businesses.  Bovill Newgate also operates centres of excellence in Financial Crime and Prudential Regulation which you may be asked to provide assistance to. 

Summary 

This role will be reporting directly to the Consulting Lead and will be a part of the client compliance processing outsourcing advisory team. You should have a keen interest in regulation and compliance. Relevant experience is desired however it is not necessary as you will also learn from the wider team, most of whom are experienced ex-regulators. We are a fast moving, growing compliance consultancy firm and the willingness to be flexible as tasks arise will be key for the successful candidate. 

Purpose of the Job

Your role will be wide and varied and you will be expected to be willing to undertake the many tasks that arise when part of a flexible consulting team. The role will be challenging but conversely you will have the opportunity get to see the asset management and broking industries from a unique perspective. A key part of your responsibilities will be in supporting the client advisory team assisting with regulatory work and client meetings. 

Specifically, this could include, but is not limited to; 

• Assisting in compliance reviews, assessments and documentation drafting; 
• Understanding and summarising regulatory change and writing articles for our newsletter; 
• Participating in regulatory projects, such as annual compliance audits or mock-examinations; 
• Assisting with FCA authorisation applications and other regulatory transactions;  
• Taking part in and leading client visits, meetings and training sessions;  
• Working in a high pressure and multi-tasking environment and achieving high billable utilisation; 
• Assisting the team managing a portfolio of client relationships and having a client centric approach in order to retain existing business and grow business through identifying upsell opportunities through your knowledge of the client; 
• Identify cross sell opportunities into the wider Ocorian Group from your work; 
• Advising clients on appropriate financial crime frameworks and getting involved in client due diligence work, screening and ongoing monitoring as required; 
• Keeping up to date with current regulatory developments and informing clients as necessary. 

#LI-BF1 #LI-Hybrid

Qualifications / Experience 

• The successful candidate is likely to have a degree with relevant experience and/or have good understanding of the wholesale financial services sector. Good IT skills with the ability to learn the in-house compliance system. 

Personality 

• Friendly, enthusiastic and willing to learn;  
• Ability to lead and work on projects alone or with the team; 
• Clear and articulate communicator with the ability to adapt to different environments and personalities; 
• Capable of working on-site at client offices using their own initiative; 
• Ability to multi task; and  
• Able to communicate with all levels of seniority within the client’s business. 

All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful.  These are:

·       We are AMBITIOUS - We think and act globally, seizing every opportunity to support our clients and staff - wherever in the world they may be.

·       We are AGILE - Our independence from any financial institution gives us the flexibility and freedom to keep things simple, efficient and effective.

·       We are COLLABORATIVE - We take the time to understand our clients' needs so that we can deliver personalised solutions every time.