Nuveen Compliance Officer, Europe and APAC

The City, UK
Competitive salary
04 May 2021
07 May 2021
Job role
Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at

Overview of the Role

The Compliance & Operational Risk function provides advice to senior management on queries and regulatory change as well as providing independent monitoring to ensure the business continues to operate within the appropriate regulatory standards, internal policies and industry norms.

This is a key hire and requires the candidate to engage with directors, key business stakeholders and international colleagues, including our partners in Compliance in the U.S. Nuveen Compliance function for Europe and APAC provides support and subject matter expertise for the Europe & APAC regions on regulatory and Financial Crime related matters. You will report to the Financial Crime Officer and work with the business to entrench and enhance existing systems and controls relating to AML/KYC, Anti-Bribery & Corruption, Sanctions and Criminal Corporate Offences. The individual will be the primary support to registered UK MLRO (SMF 17) for the Nuveen UK entities, whilst also serving as a point of contact, coordination, and excellence relative to Compliance colleagues with Financial Crime responsibilities in Europe and APAC. You will also work closely with Nuveen and TIAA Group AML and Bribery & Corruption Compliance teams. Additionally this role will provide some support to the Compliance Ethics Programme, Europe & APAC.

Key responsibilities will include:
  • Continue with the evolution and delivery of a comprehensive, risk-based Financial Crime framework for the Europe & APAC businesses;
  • Assist the business in identifying emerging financial crime risks and what mitigants can be put in place as controls;
  • Establish a good understanding of the clients, counterparties and service providers across the relevant businesses;
  • Undertake assessments and reviews of transactions and client on boarding including PEP and Sanction screening;
  • Support and/or undertake the periodic reviews of Transfer Agents and other key third party relationships;
  • Liaise with Compliance colleagues in other Europe & APAC offices and provide them with a additional expertise and assistance;
  • Assist the Financial Crime Officer for Europe & APAC to execute the Financial Crime Enterprise Wide Risk Assessment and the TIAA Group AML Compliance Risk Assessment processes;
  • Support the reporting processes to senior management, boards and TIAA on matters relating to Financial Crime;
  • Work with TIAA Group AML team in adopting, where possible or appropriate, centralised systems and processes that continue to meet local regulatory expectations;
  • Support the investigation and, when required, make aid with the submission of Suspicious Activity Reports to the UK National Crime Agency;
  • Attend industry seminars and association meetings on Financial Crime topics to ensure continued adoption of best practice;

Technical Skills & Qualifications Required
  • Demonstrated a strong understanding of the regulatory requirements and industry practices in regard to AML/KYC, ABC and preferably CCO, and experience in establishing, enhancing and maintaining a robust Financial Crime programme.
  • Experience with FCA regulation and associated laws
  • Experience of working in a compliance team within an institutional asset management business.
  • Experience of working collaboratively across multiple jurisdictions with Compliance colleagues strongly preferred
  • Compliance and/or Financial Crime related qualification desirable.
  • Some experience with the Luxembourg, German, Singaporean and Hong Kong requirements would be desirable.

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