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Salary At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Title: Compliance Monitoring Associate - 14 Month Fixed-term Contract
Location: London
Location: London
Overall Purpose of Role
The primary focus of the role is to support the Head of Compliance Monitoring to deliver the monitoring plan through the delivery of thematic and desk based reviews. You will act as a trusted member of the Monitoring and Core Compliance team, performing core compliance operational activities and providing timely, sound and pragmatic advice and guidance on regulatory matters and business queries/development that the team are involved. This is a broad role with exposure to all parts of the business.
Principal Responsibilities
- Undertake detailed thematic and desk-based (internal and external) Compliance Monitoring reviews, ensuring they cover key risk issues and regulatory requirements including financial crime.
- Determine appropriate recommendations arising from monitoring and surveillance tasks and work with the business to ensure timely completion
- Perform surveillance tests in accordance with the surveillance plan and ensure individual tests remain appropriate to the nature of the business. (eg best ex, call/electronic communications, MAR, conflicts)
- Supporting Financial Crime Compliance obligations including AML, ABC, Fraud, KYC
- Timely review of marketing material submitted to compliance by the business for distribution to clients and prospects
- Operation of the Insider Trading List and market soundings process
- Perform / oversee core compliance tasks such as Gifts & Entertainment; Personal Account Dealing; breaches; complaints; Regulatory returns; due diligence questionnaires; outside business interests; delivering relevant training to the business
- Assist the HoCM to ensure Compliance Monitoring procedures are maintained for regulatory updates, changes to business practices and periodic reviews
- Perform compliance tasks as directed by the HoCM and the Head of Compliance (Europe)
- Work closely with the US Compliance team as required in global matters
Person Specification
- A self-starter with at least 5 years relevant compliance / monitoring / financial crime experience. (Will consider applicants with other relevant asset management experience)
- Proactive and solution oriented with good communication skills (writing and oral)
- Good report writing abilities with an ability to articulate issues clearly and concisely
- Problem solving and decision making skills
- Proven experience in the UK Financial Sector, with a strong background in Compliance assurance and rules
- Sound understanding of MAR, COBS, MIFID II, UCITS, AIFMD
- A compliance qualification would be a distinct advantage
- Ability to manage workloads effectively
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Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
