Deputy Head of Client Risk Controls

London, England, United Kingdom
01 Nov 2018
05 Nov 2018
Contract type
Full time
Cazenove Capital is a leading provider of discretionary fund management and we are looking for a Deputy Head of Client Risk Controls, including responsibility for client risk operational controls/reporting for the division.

Overview of role

• Direct management of two members of UK controls staff
• Help develop and maintain efficient operating procedures and controls for the Wealth Management client teams across the division
• Provide regular reporting to senior management highlighting adherence to procedures, any weaknesses in risk and controls and suggest/implement improvements as necessary
• In conjunction with each client risk jurisdiction representative develop, maintain and analyse control matters including but not limited to suitability of and adherence to mandates, portfolio performance, suitability of investments held within client portfolios, anti-money laundering risk, market abuse, personal dealing, dormant accounts and conflicts of interest. Report as necessary to senior management and relevant management groups
• Management and resolution of risk events
• Management of fraud risk, including the management and resolution of fraud risk events
• Working in coordination with Compliance, Risk, Operations and Business Management, implement any necessary changes to operating procedures resulting from regulatory change.
• Tailor procedures for compliance and risk monitoring and reporting for the Charity, DFM and Wealth Management teams to suit their specific business models
• Ensure standard operating procedures for UK Wealth Management are kept up-to-date and readily accessible on the standard system. Provide training to staff as required
• Co-ordinate changes to client forms and related procedures across all Wealth Management jurisdictions
• Operate as the first point of contact for external auditors, Internal Audit and Compliance Monitoring for any audit or review of Wealth Management client teams
• Manage or direct staff in each jurisdiction in the matters above.

Essential Skills

• Relevant experience or understanding of front office Wealth Management Operations
• Ability to work to deadlines
• Ability to use own initiative
• Ability to lead, manage, influence and motivate others
• Ability to design, implement and follow procedures/processes
• Solution focussed
• Ability to manage data and produce concise MI
• Attention to detail
• Ability to communicate clearly and efficiently to staff of all levels

Desirable Skills

• CISI Wealth Management Diploma or equivalent
• Significant experience in the Wealth Management industry
• Good technical knowledge and understanding of Wealth Management regulation and best practices
• Understanding and experience of portfolio management an advantage
• Good familiarity with the in-house systems necessary to fulfil the above functions
• Good task management skills and controls

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