About Schroders
We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future. We have around 5,000 people on six continents and we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.
Overview of Role
The Compliance Specialist plays a critical role in ensuring that the company operates within the regulatory framework. He/She is responsible for implementing and maintaining effective compliance monitoring programs to mitigate risks and promote a culture of compliance within the organisation. He/ She will be working closely with various stakeholders, including senior management, counterparts from the Group and other related entities, as well as regulators to ensure adherence to applicable laws, regulations and industry best practices.
1. Keeping Abreast of Regulatory Changes, Provision of Compliance Advisory and Support to Business
- To ensure prompt and effective communication of regulatory requirements, licensing matters, upcoming regulatory changes including changes to regulatory investment restrictions, group and local compliance policies.
- To support the evaluation of the potential commercial and/or operational impact resulting from specific regulatory changes or legislations which affects business compliance arrangements, procedures, processes and awareness.
- To support the implementation of regulatory changes.
- Keep abreast of regulatory developments in Singapore, including gathering and providing feedback on public consultation papers to the Monetary Authority of Singapore.
- Assist in communications and requests from regulators, external and internal auditors on regulatory/ compliance matters.
- Maintain local compliance manuals which are in line with Group policies as well as industry best practices and relevant regulatory requirements.
- Providing compliance advisory on fund/product related matters.
- Review client agreements from compliance’s perspective.
- Conduct in-house training for staff e.g. anti-money laundering, staff personal dealing, licensing, regulatory requirements etc.
2. Trade Surveillance and Compliance Monitoring
- Perform trade surveillance tasks and activities based on the Compliance Monitoring Program
- Ensure program is carried out timely and effectively, addressing the key risks identified and prepare reports to management / stakeholders regarding findings and recommendations made from the review.
3. Anti-Money Laundering
- To assist the MLRO as second line of defence against money laundering activities Advise the business and senior management on their responsibility to establish and maintain effective anti-money laundering systems and controls.
4. Substantial Shareholding Disclosure
- Conduct monitoring and reporting of substantial shareholding disclosure.
5. Cross Border Activities
- Provide advisory on cross border activities to business for South East Asia countries.
6. Working with the Business
- Work together with relevant functions on new business initiatives and projects, highlighting and addressing specific compliance and regulatory concerns.
- Carry out review of RFPs / RFIs / marketing materials and completing requests/questionnaires from clients, regulators etc.
7. Management Reporting
- Support compliance reporting to senior management, Group etc.
Job Requirements
- Degree Holder
- Candidate should have at least 3-5 years of relevant working experience preferably in asset management set-up
- Good understanding of local regulations impacting asset management firms
- Candidate with knowledge of retail product-related regulations is an added advantage
- Confident individual who is an effective communicator with good interpersonal skills
- Analytical with strong problem solving skillset
- Driven, resilient and able to work well independently and within a team, in a fast paced and dynamic environment
We recognise potential, whoever you are
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought facilitated by an inclusive culture will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer: you are welcome here regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background or any other protected characteristics.
Skills Required
- Degree holder
- 3-5 years of relevant working experience
- Good understanding of local regulations impacting asset management firms
- Knowledge of retail product-related regulations
- Effective communication and interpersonal skills
- Analytical skills with strong problem solving
- Able to work independently and within a team in a fast-paced environment
Schroders Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Schroders and has not been reviewed or approved by Schroders.
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Retirement Support — Retirement plans are described as mature and competitive, with strong employer-supported schemes in the UK and a well-regarded 401(k) offering in the U.S. Pensions and retirement savings stand out as a distinctive strength within the total rewards package.
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Leave & Time Off Breadth — Time off and flexibility are emphasized, with generous annual leave in some markets and volunteer days highlighted in the UK. Flexible/hybrid working is presented as standard, supporting practical use of time-off benefits.
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Parental & Family Support — Parental leave is highlighted as a strength, including enhanced policies in the UK and an increased paid leave period in the U.S. Family-supportive provisions are positioned as part of a broader wellbeing focus.
Schroders Insights
What We Do
As a global investment manager, we help institutions, intermediaries and individuals across the planet meet their goals, fulfil their ambitions, and prepare for the future. But as the world changes, so do our clients’ needs. That’s why we have a long history of adapting to suit the times and keeping our focus on what matters most to our clients. Doing this takes experience and expertise. We bring together people and data to spot the trends that will shape the future. This provides a unique perspective which allows us to always invest with conviction. We are responsible for £773.7 billion (€912.6 billion/$978.1 billion)* of assets for our clients who trust us to deliver sustainable returns. We remain determined to build future prosperity for them, and for all of society. Today, we have 6,000+ people across six continents who focus on doing just this. We are a global business that’s managed locally. This allows us to always keep our clients’ needs at the heart of everything we do. For over two centuries and more than seven generations we’ve grown and developed our expertise in tandem with our clients’ needs and interests. Source: Schroders, all data as at 30 June 2024. Disclaimer: Investing in securities is subject to risk. The value of investments can go down as well as up and is not guaranteed. Schroders will not make direct contact with you, via any social media platform or direct messaging service, to sell our products. If you think you have been a victim of a scam or have received unsolicited contact using the Schroders name or any associated names, and have any concerns, then please contact our Financial Crime Team using the details below: Telephone: +44(0)20 7658 4004 Email: [email protected] Schroder Investment Management Limited (Head Office): 1 London Wall Place, London EC2Y 5AU Tel: +44 (0)20 7658 6000 Schroder Fund Advisors LLC, Member FINRA, SIPC (US): 875 Third Avenue, New York, NY, 10022 Tel: +1 (800) 730-2932
