Monitoring and Testing Compliance Officer

1w1 week ago

T. Rowe Price

London, GB · Full-time · £65,000 – £90,000

About this role

Our team is seeking an Analyst to join the Global Compliance Monitoring & Testing team to execute T. Rowe Price’s EMEA Compliance monitoring and testing program. You will perform monitoring and surveillance to demonstrate compliance with applicable laws and regulations. This involves partnering with Compliance, Legal, assurance, and business partners to identify risks and evaluate controls.

The role entails undertaking monitoring and surveillance in line with the Global Compliance Monitoring and Testing Programme. This includes comprehensive surveillance of processes for regulatory requirements like market abuse, best execution, trade allocations, and eCommunications. You will investigate issues, ensure timely resolution, and escalate significant findings to the Compliance Monitoring Manager.

You will build and maintain strong relationships with business partners and Compliance leaders to facilitate engagement and escalation of matters. Assist in preparing management reports on EMEA’s compliance monitoring, surveillance, and testing activities. Track outstanding findings, confirm remediation, and document working papers and draft reports.

Responsible for advancing the EMEA Compliance Monitoring, Surveillance and Testing Programme in support of global frameworks. Apply data analytic techniques to enhance analysis, develop visualisations, and implement automated tools. Identify opportunities to scale efficiencies and maintain knowledge of current and upcoming regulations.

This is a great opportunity to be an integral part of the EMEA Compliance Team, apply compliance knowledge to mitigate risks, and positively impact the department and an expanding business. The ideal candidate demonstrates knowledge of regulations and disciplines in investment management operations.

Requirements

Knowledge and experience with regulations applicable to investment management firms
Familiarity with multiple disciplines involved in investment management operations
Experience performing compliance monitoring and surveillance
Ability to apply data analytic techniques for monitoring and testing
Skill in identifying compliance risks and evaluating controls
Proficiency in documenting compliance findings and reports
Understanding of EMEA regulatory requirements such as market abuse and best execution

Responsibilities

Perform comprehensive surveillance and monitoring of processes to ensure regulatory requirements are met, including market abuse, best execution, trade allocations, and eCommunications
Ensure investigation and resolution of identified issues are closed out in a timely manner
Monitor unresolved issues and escalate significant issues to the Compliance Monitoring Manager
Identify recommendations from monitoring and collaborate with business partners on remediation plans
Document working papers and draft reports describing monitoring and surveillance performed and results
Track status of outstanding findings, obtain updates, ensure due dates are met, and confirm remediation
Build and maintain strong relationships with business partners and Compliance leaders
Assist in preparation of management reports on EMEA’s compliance monitoring, surveillance, and testing activities