Job Description
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 be responsible for performing monitoring and surveillance to demonstrate compliance with applicable laws and regulations. This will involve partnering with Compliance and Legal team members, consulting with assurance and business partners to identify compliance risks and proactively evaluate compliance controls. The ideal candidate will possess and demonstrate knowledge and experience with the regulations and multiple disciplines involved in the operations of an investment management firm. This is a great opportunity for you to be an integral part of a EMEA Compliance Team, apply your compliance knowledge to help mitigate compliance risk and have a positive impact on the department and an expanding business.
Principal Responsibilities
Undertaking monitoring and surveillance in line with the Global Compliance Monitoring and Testing Programme. This includes but is not limited to:
Performing comprehensive surveillance and monitoring of processes to ensure that regulatory requirements applicable to TRPIL and its’ subsidiaries are being satisfied, including in areas such as market abuse, best execution, trade allocations, eCommunications.
Ensuring investigation and resolution of identified issues are closed out in a timely manner.
Monitoring unresolved issues and notify the Compliance Monitoring Manager as appropriate.
Escalation of significant issues and reporting summary findings to Compliance Monitoring Manager.
Identify and offer recommendations resulting from the monitoring and surveillance and collaborate with business partners to assist in developing remediation plans to ensure the areas of concern are addressed in a timely manner.
Document working papers and draft reports describing monitoring and surveillance performed and results.
Track the status of outstanding findings and work with business partners to obtain updates, ensure due dates are met, and confirm remediation.
Building and maintaining strong relationships with business partners and Compliance leaders, to maintain engagement and to assist in escalating significant compliance monitoring and testing matters that require attention or action.
Assisting in the preparation of management reports on EMEA’s Compliance monitoring, surveillance and testing activities.
Maintaining and developing knowledge of current and upcoming regulations, to ensure that monitoring and testing activities remain relevant.
Applying best practices and a risk-based approach to advance and maintain an effective monitoring and testing program.
Responsible for assisting in advancing the EMEA Compliance Monitoring, Surveillance and Testing Programme in support of Global Compliance Monitoring and Testing Frameworks. This includes but is not limited to:
Assisting in ongoing review and development of the risk based thematic monitoring and surveillance programme to ensure it covers all regulators and regulations relevant to the firm’s business and to improve and develop the methodologies.
Applying data analytic techniques to perform monitoring and testing to increase scale and depth of analysis, create impactful visualisations, and explore potential data relationships.
Participating in the development of requirements and assist in implementation of automated tools to innovate and enrich compliance monitoring and surveillance activities for Compliance.
Identifying opportunities to scale and promote efficiencies and consistency in monitoring and surveillance activities across regions.
Assisting with the ongoing regulatory and market abuse risk assessment process.
May be required to be involved in Compliance testing as necessary, to support the EMEA Compliance Monitoring, Surveillance and Testing team.
Qualifications & Skills
Required:
Undergraduate Degree or equivalent
Extensive working knowledge of compliance within the asset management industry
Knowledge of FCA regulatory framework
Strong verbal and written communication skills; presents ideas clearly, concisely, and persuasively, tailoring message and delivery to different audiences, including ability to present complex concepts into understandable and actionable points
Team player with excellent interpersonal skills who is able to build working relationships and influence a diverse group of internal and external contacts
Uses a variety of resources, best practices, and proven tools to generate innovative ideas to improve processes
Accountable for work of self and sometimes others, provides process and standards advice
Strong organisation and prioritisation skills while executing multiple priorities simultaneously, accurately, and timely
Solid attention to detail, strong problem solving, analytical, organisation, coordination, and creative and critical thinking skills
Project management capabilities
Preferred:
Prior compliance monitoring and testing, compliance surveillance, audit or risk management experience a plus
Good product knowledge – UCITS products, SICAV, OEIC and separate account strategies.
This role is eligible for hybrid work, with up to one day a week from home.