Senior New Business - Guernsey, United Kingdom - Investec

Investec
Investec
Verified Company
Guernsey, United Kingdom

2 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description
Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa.

Our culture gives us our edge:

we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish.

We combine a flat structure with a focus on internal mobility.

If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

Embedded in our culture is a sense of belonging and inclusion.

This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance.

At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Role Title

Senior New Business & Risk Reporting Officer

Reporting to

Teresa Merrien

Team

New Business & Risk

Division

Investec Bank (Channel Islands) Limited

Key relationships

Internal (within Organisation)

  • All departments in Investec Bank (Channel Islands) Limited


  • Investec Private Bank

  • London
  • Information Bureau within IBP London as necessary
External (Outside organisation)

  • Intermediary Clients

Qualifications
(ii) Mandatory professional qualifications and exams (required for the role)

(ii) Mandatory professional qualifications and exams required under the FCA T&C rules or prescribed by IW&I (
please state N/A if no qualifications/exams are required for this role):
Team Description

Description of role and key responsibilities


Role Definition

  • To safeguard the organisation, its reputation, assets, and the interests of stakeholders by identifying and managing potential threats to the achievement of our business objectives in relation to new client takeon and existing client maintenance.
  • It is key that the job holder must have a good understanding of the regulatory environment including the regulations, rules and guidance and their implications relevant to the job and to follow all applicable internal compliance considerations and appropriate processes, policies, and procedures.

Key Responsibilities

  • Support both the trigger and periodic review processes undertaking reviews or quality assurance where required. Acting to update information following reviews and proactively identifying errors and omissions which may stimulate the need for updated risk assessments and /or necessary data corrections. Ensuring the review escalation process is followed and reviews are closed off in a timely manner.
  • Careful review of all documentation supplied by the client to ensure that it is complete, compliant, and consistent. Liaison with the Intermediaries or RMs as required to identify and obtain any required additional information in respect of any new client account takeon or existing review.
  • Carrying out enhanced Customer Due Diligence for high risk and PEP relationships including liaison with the RM where necessary. The initial business take on of high risk and PEP business remains the responsibility of the RM, the role holder positively working in cooperation with the RM in respect of information gathering.
  • To assist team manager with the delivery of monthly MI to Business Heads, Compliance, Operational Risk etc for accounts opened, ageing items, outstanding reviews and help cover and manage the team and workflow.
  • Ability to both undertake and provide four eyes sign off others work.
  • To assist in work in relation to FATCA & CRS to ensure clients are compliant for all new accounts and repapered accounts. Undertake a classification reasonableness check and refer as required.
  • Making recommendations to improve the process and documentation and providing SME support to automation projects.
  • Assist with training and cross skilling team members.
  • Retrospective exercises: support and management of any retrospective CDD exercises to support the needs of the business, including the identification, rectification and logging of errors and omissions whilst following the review process.
  • To monitor the prospective client accounts and outstanding tasks to ensure all work is progressing and where no longer required or completed, is closed off in a timely manner.
Core skills and knowledge


Core Skills

  • Some exposure to management of regulatory risk in a large financial institution.
  • Strong attention to detail delivering high quality work always.
  • Strong influencing skills that result in winning the cooperation of RMs and colleagues and maintaining the appropriate priority for regulatory matters.
  • Excellent people skills with some experience of people management or deputising for team manager
  • Excellent communications and presentation skills, to be able to inform and persuade both orally and in writing.
  • Persistence, an eye for detail and ability to complete projects within specified deadlines.
  • Personal organisation and plannin
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