If you are interested in this candidate, please contact Charlie Watson via email cwatson@cerfinancial.co.uk or call on 0207 626 6065.
00139241
PROFILE
Senior Compliance professional with extensive experience in regulatory compliance advisory, compliance testing and assurance across wealth management and global markets.
SKILLS
- Compliance Advisory | Compliance Testing & Assurance | Compliance Monitoring | Regulatory Project Manager | Global Markets | Private Banking & Wealth Management | Regulatory Change | Senior Stakeholder Management.
CAREER HISTORY
August 2022 – Present
Banking
Vice President – Testing Specialist / QA Senior Team Manager
- Lead Compliance Testing reviews across Markets business globally, spanning thematic reviews (e.g. review on product governance, best execution review, cross border, market sounding). On average, I lead the team of seven Testing employees for each review. In addition, some reviews are desk specific, e.g. IB FIC and or IB Origination & Advisory desk.
- I design the review test steps, engage the stakeholders and control owners throughout the review, comply with the strict timelines for the review completion, provide weekly progress update to the management. A sense of ownership is essential for the role.
- As a review lead, I allocate work among the review testers, coordinate the evidence gathering exercise, lead weekly progress catch up meetings, share the review plan with the Testing Regional Head.
December 2020 – August 2022
Financial Services | Banking
Vice President – Project Manager
- I tracked upcoming regulations globally (HK, SG, EU, UK, US, Latin America) affecting the JPM Private Bank. I created and maintained a database of all incoming regulations.
- I engaged with leaders globally (CEO, COO) and local Compliance of Private Bank to set a business case for the need to implement certain regulation and the budget required.
- I set up a project, found resources and tracked the project to completion. I updated senior managers of global Private Bank on the status for each project during a monthly meeting, which I created and prepared the material for.
December 2019 – December 2020
Financial Services | Banking
Vice President, EMEA Compliance Policies and Standards - Office of Legal Obligations
- I coordinated an EMEA arm of a global regulatory project – a look back exercise of all the EMEA regulations with view to identifying applicability to the firms entities. Oversaw the maintenance and update of the JPM Policies and Procedures by working with individual stakeholders / policy owners.
November 2017 – December 2019
Recruitment Firm
Compliance Contractor
- I worked as a contractor in the period November 2017 – December 2019.
- I contracted within EMEA Compliance Oversight & Controls team at the firm in the period November 2017 - January 2019 and September 2019 – December 2019. I coordinated an EMEA arm of a global regulatory project – a look back exercise of all the EMEA regulations with view to identifying applicability to the firms entities.
- In addition, I took the lead in the annual Compliance Risk Control Self Assessment (RCSA), which involved testing key controls of Compliance teams’ processes across EMEA (Compliance looking inwards).
- I contracted as a Senior Regulatory Control Advisor within the UK Compliance Testing Global Markets at Deutsche Bank, London from February 2019 to September 2019. I tested 1LOD controls across of FIC (fixed income and currencies) divisions, specifically Strategic Liquidity Reserve desk and Asset Finance/ New Issuance desk.
May 2016 – October 2017
Banking
Director, Senior Compliance Officer - Permanent – Wealth Markets Products and Services
- I headed up UK & CI Wealth Markets Products and Services (WMPS) Compliance team. Product range includes derivatives, 3rd party structured notes, funds (mutual, hedge and private equity funds), Dual Currency Investments (PCIs), Equity Linked Investments (ELI).
- On the funds side, I liaised and agreed on distribution agreements with the fund houses and private equity firms (AIFMD / UCITS).
November 2015 – May 2016
Private Banking
Compliance Officer – Contractor
- I re-shaped the Compliance monitoring process across three booking centers (London, Jersey and Gibraltar) by designing a single overarching process, thereby saving costs and time. This involved designing new policy and getting stakeholder agreement and providing training to monitoring officers in London and Jersey. I was the primary Compliance contact for financial promotions approvals.
March 2014 – November 2015
Private Banking
Compliance Officer – Permanent
- Provision of daily compliance advice to front office on policies and cross border queries relating to fixed income, equities, structured products, mutual funds, dual currency deposits and alternative investments.
- Review and implementation of relevant regulation and oversight and reporting of complaints and regulatory breaches. Represent Regulatory compliance at numerous monthly meetings including Business Control Committee, Risk Management Committee, Product Control committee
- Review and approve financial promotions (client pitches, monthly economic updates amongst others) and compliance oversight of NMPI approval process.
September 2011 – February 2014
Banking
Investment Sales Quality Officer – International Personal Bank
- I designed and conducted compliance testing of the sales of investment products including structured notes, mutual funds, equities, bonds and leveraged products. Led a monthly Investment Sales Supervision meeting attended by key stakeholders at Citi. Identified of key risks and controls, which fed into annual compliance monitoring plan.
March 2011- Augst 2011
Professional Services
Paralegal
- Carried out an in-depth quantitative analysis and summarization of complex transactional and accounting data. Main focus was on Banking and Financial institutions.
- Investigative review of various data identifying signs of financial fraud committed by individuals/corporate entities: one project involved investigating allegation on multi-billion dollar money laundering.
March 2008 - September 2010
Solicitors
Paralegal
- Representation at Courts, Drafting Affidavits and Statements, interviewing clients and provision of advice, writing client care letters, writing Briefs/Instructions to Barristers, portfolio of 150 clients.
EDUCATON
September 2006 – August 2007: University College
Master of Commercial law
September 2003 – May 2006: Kings College
LLB Law Degree, 2:1 grade
September 2001 – July 2003: Secondary School
A-Levels: 3 A grades in Politics, Geography and Business Studies
References Available Upon Request
If you are interested in this candidate, please contact Charlie Watson via email cwatson@cerfinancial.co.uk or call on 0207 626 6065.
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