Description of the Business line or Department
The key objective of the Compliance team within SGPB Kleinwort Hambros is to assess the conformity of internal codes of conduct, policies or internal procedures with legal obligations and best practices applicable to its business.
Summary of the key purposes of the role
To assist the Registered Compliance Officer and Compliance colleagues within the Channel Islands in the facilitation, creation and continuing operation of a robust compliance and control regime within SG Kleinwort Hambros in the CI which ensures compliance with all relevant laws, regulations and internal policies and procedures.
To assist in the general development of the regulatory regimes, assist in the formulation, co-ordination of responses in regard to all SG Kleinwort Hambros CI Companies
To assist the Senior Compliance Officers and work directly with other CI Compliance personnel, and colleagues in other Group offices to develop and maintain a ‘good compliance culture’ throughout the business.
Assist with the review of and provide advice to Management and staff on specific projects as required by the Head of CI Compliance & Financial Crime and the Register officers.
To undertake Compliance Advisory activity.
Assist in establishing a cohesive risk-based regulatory Compliance Monitoring Programme for the SG Kleinwort Hambros CI Bank, Trust and subsidiaries and reporting on same as required.
Ensure Compliance monitoring is undertaken in detail as required.
Ensure that regulatory and Group reporting requirements are met as required.
Assist in the development and strengthening of relationships with the private bankers, trust managers, operational managers, and all staff to promote best practice and ensure a good understanding of compliance requirements permeates the Group
Oversee the Compliance registers within the department across all SG Kleinwort Hambros CI businesses.
Review and monitor investment activity to ensure this meets CI regulatory and Group requirements and assist the Registered Compliance Officers in producing reports for presentation to the Boards.
Identify and promote improvements in the compliance and control culture of SG Kleinwort Hambros in the CI.
Provide support and guidance to all SG Kleinwort Hambros staff in all matters of compliance regulation.
Escalate any identified potential weaknesses in controls within SG Kleinwort Hambros CI.
Implementing and maintaining internal controls, policies and procedures pertaining to the compliance function.
To work with other functions to ensure SG Kleinwort Hambros CI is regulatory compliant.
Assist and provide ad-hoc guidance and training to all staff, senior management and Board Directors on regulatory matters as required.
To participate in various projects including (i) providing strategic advice (ii) research (iii) devising policies and procedures.