- With reference to the Third-Party Risk Management framework and CSSF regulation, assist in developing and implementing an Oversight and Governance model and process for the delegation of distribution to companies within the abrdn Group.
- Assist in ensuring oversight of all internal distribution delegates is completed in accordance with an agreed framework which meets CSSF requirements,
- Assist in ensuring all marketing services are documented appropriately and oversight arrangements put in place. This includes production of printed and/or digital marketing communications issued by aIL Luxembourg or its delegates.
- Assist the abrdn Group's Crossborder Fund Registration Team in ensuring appropriate regulatory permissions are obtained for cross-border marketing and delegates are compliant with local marketing regulations
- Support the selection and assist in overseeing performance of externally and internally delegated services including for example cross-border passporting and KIID production service provider.
- Support the selection and monitoring process of third parties included in the distribution of funds, including local fund representatives and paying agents.
- Coordinate with the support of the team the delivery of the Executive Committee, the Management Company board and the relevant product boards (including the SICAV boards) reports on aIL Luxembourg's delegated distribution activity and the associated oversight/monitoring.
- Assist in responding to due diligence or ad-hoc queries from the CSSF or any other regulators in relation to Distribution, or incoming requests from distributors, local representatives and paying agents performing due diligence on aIL,
- Taking into consideration abrdn policies and the regulatory landscape maintain and enhance internal processes and procedures
- Support the Head of Distribution Governance & Oversight with building team brand across key internal stakeholders to build awareness of abrdn obligations and responsibilities.
- Support as and when required other teams within the Client Risk & Governance Team including the proportional, risk-based due diligence and oversight of distributors in line with current regulatory landscape (including CSSF circular 18/698 in Luxembourg and FCA Product Governance & Consumer Duty rules in the UK)
About the candidate requirements
To be successful in this role you will need (minimum experience/requirements) - Knowledge of financial markets, and the distribution of funds gained through relevant experience in a management company or service provider.
- Strong understanding of the regulation for distribution of funds, including the requirements of UCITS, AIFMD and MiFID.
- Strong risk mitigation and compliance driven mindset balanced with need to be flexible, adaptive, and empathetic when dealing with senior professionals from across the business.
- Good working knowledge of Microsoft Office products with practical experience in the creation and delivery of balanced & objective reports, papers & presentations
- Excellent English skills, with French, Spanish or Italian being an advantage
- Experience with process simplification, improvement, and automation an advantage Moreover, we recognise that supplementary skills beyond the minimum criteria can greatly enhance your success in this position. These skills are:
- A team player – able to collaborate effectively with your colleagues, consistently putting the teams' goals and interests ahead of personal ones and actively contributing to the wider teams shared objectives.
- Strong Organisational Skills and an acute attention to detail.
- Excellent time management skills – the ability to demonstrate exceptional time management skills by efficiently planning and prioritising tasks to meet deadlines.
- Self-Motivation – you exhibit a high level of self-motivation and can take the initiative to identify and tackle challenges proactively.
- Independent working - The ability to work without day-to-day direction is important and the role holder will assist with the establishment of procedures, monitoring, governance, risk identification and escalation.
- Customer Focus – works hard to understand the needs of internal and external stakeholders and tailors approach appropriately.
- Communicating and Influencing – enthusiastic when dealing with others and listens to stakeholder needs. Uses a range of influencing tools and techniques to persuade others to act.
- Information Gathering – works hard to collate information to ensure full picture is understood and decisions can be made. Must be able to spot trends and anomalies in data.
- You are able to take ownership of your work, ensuring that it aligns with organisational objectives and quality standards. We are proud to be a Disability Confident employer. Therefore, if you have a disability and would like to submit an application to one of our UK roles under the Disability Confident Scheme, please notify us by completing the relevant section in our candidate questionnaire and one of our team will reach out to support you through your application process.
We're committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. We define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist.
-
Crossborder Oversight Analyst
3 weeks ago
abrdn Edinburgh, United Kingdom Full timeJob Description · Role title:Crossborder Oversight Analyst · Contract type: Permanent · Location: Edinburgh/ Luxembourg · At abrdn, our purpose is to enable our clients to be better investors. · Clients worldwide trust us to find future-fit investment opportunities to deliver t ...
-
Rebate Oversight Analyst
3 weeks ago
Blackrock, Inc. Edinburgh, United KingdomDescription · About this role · About BlackRock · BlackRock is a pre-eminent asset management firm and a best-in-class provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. Bla ...
-
Analyst, External Provider Oversight
3 weeks ago
Blackrock, Inc. Edinburgh, United KingdomDescription · About this role · Global Provider Strategy – Provider Risk and Performance Edinburgh · Are you interested in a future in the financial services industry with a rewarding and dynamic opportunity with the world's largest asset manager? Do you pride yourself on bei ...
-
Annuities
2 weeks ago
Phoenix Group Edinburgh, United Kingdom**Salary**:up to £60,000 per annum, plus bonus, 38 days holiday (including bank holidays), generous pension, provate medical cover, volunteering days and lots more · **Job Type**:Permanent · **Location**:London or Edinburgh Offices - hybrid working · We have an incredible opportu ...
-
Investment Operations Analyst
2 weeks ago
Meraki Talent Limited Edinburgh, United Kingdom**Investment Operations Analyst (Investment Management)** · Permanent · Edinburgh · Meraki Talent's Investment Management client are shortlisting for a Market Access Analyst to join their growing team in Edinburgh on a permanent basis. The team have responsibility for the complet ...
-
Specialist, Fund Oversight Trustee
3 weeks ago
The Bank of New York Mellon Corporation Edinburgh, United Kingdom**_Bring your ideas. Make history. _** · BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody a ...
-
Lead Information Security Analyst
2 weeks ago
Be-IT Resourcing Edinburgh, United KingdomWould you like to get involved in building security frameworks from the ground up, and improving existing processes & controls? Do you want to work for an organisation who don't view IT Security as acheckbox exercise performed in isolation, working towardsa point where data and a ...
-
Client Reporting Administrator
2 weeks ago
Recruit UK Edinburgh, United KingdomRecruit UK are working on an excellent opportunity for a Client Reporting Administrator to join a Wealth Management firm in **Edinburgh on a 9 month contract.** · This award-winning wealth management firm are looking to expand their Client Reporting team. Your role will be instru ...
-
Lead Information Security Analyst
3 weeks ago
Change Recruitment Edinburgh, United Kingdom**Lead Information Security Analyst - Edinburgh - up to £75K plus benefits (Hybrid working)** · This is a new permanent position with a financial services company in the UK. As a part of the existing security team, you will have experience in managing risk assessment programmes, ...
-
QAt Lead
1 week ago
2i Testing Edinburgh, United KingdomLocation: Edinburgh / Hybrid · Role type: Permanent · Hours: 35 hours per week · **Who are 2i?** · We are a leading software testing and quality assurance consultancy. Since our inception in 2005, we have matured into a thought-leading business that can, and does, support organis ...
-
QAt Lead
1 week ago
2i Limited Edinburgh, United KingdomJob title: QAT Lead · Location: Edinburgh / Hybrid · Role type: Permanent · Hours: 35 hours per week · **Who are 2i?** · We are a leading software testing and quality assurance consultancy. Since our inception in 2005, we have matured into a thought-leading business that can, and ...
-
QAt Lead
2 weeks ago
2i Limited Edinburgh, United KingdomJob title: QAT Lead · **Location**: · Role type: Permanent · Hours: 35 hours per week · **Who are 2i?** · We are a leading software testing and quality assurance consultancy. Since our inception in 2005, we have matured into a thought-leading business that can, and does, support ...
-
Lead Analyst, Investor Services Operations
2 weeks ago
BNY Mellon Edinburgh, United Kingdom**_Bring your ideas. Make history._** · BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody an ...
-
Associate, Trustee
2 weeks ago
The Bank of New York Mellon Corporation Edinburgh, United Kingdom**_Bring your ideas. Make history. · - ** · BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custod ...
-
Portfolio Services Analyst, Senior Associate
2 weeks ago
eFinancialCareers Edinburgh, United Kingdom**Who we are looking for**: · State Street Alpha is responsible for outsource service provision through leading edge technology and services for its clients. SSC has demonstrated excellent success in recent times with major client wins covering in excess of 10 locations worldwide ...
-
Investment Support Professional, Edinburgh
3 weeks ago
JPMorgan Chase Bank, N.A. Edinburgh, United KingdomThis is an exciting opportunity for you to join a new, dynamic, diverse team within the UK market of J.P Morgan's EMEA Private Banking business, based in Edinburgh. We are actively looking for exceptionally talented individuals who are collaborative, confident and motivated to pr ...
-
Lean Portfolio Management Lead
3 weeks ago
Tesco Bank Edinburgh, United Kingdom**General information**: · Job Title · Lean Portfolio Management Lead · Ref # · 8208 · Location · Edinburgh · Department · Agile PMO · Business Area · Lean Portfolio Management · Working time · Full-Time · Date Published · **Serving our customers, communities, and planet a little ...
-
Specialist, Fund Oversight Trustee
6 days ago
BNY Mellon Edinburgh, United Kingdom**_Bring your ideas. Make history._** · BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody an ...
-
Specialist, Fund Oversight Trustee
1 week ago
BNY Mellon Edinburgh, United Kingdom**_Bring your ideas. Make history._** · BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody an ...
-
Cass Oversight
4 days ago
Meraki Edinburgh, United Kingdom**CASS Oversight** · **Edinburgh** · **12 Month Contract** · **Excellent Rate** · **Team Overview** · The Governance & Controls team sits within the Regulatory Operational The team work closely with the numerous first-line business functions globally that they oversee, as well as ...
Crossborder Oversight Analyst - Edinburgh, United Kingdom - abrdn
Description
Job Description
Role title: Crossborder Oversight Analyst
Contract type: Permanent
Location: Edinburgh/ Luxembourg
At abrdn, our purpose is to enable our clients to be better investors.
Clients worldwide trust us to find future-fit investment opportunities to deliver the outcomes they want. Our technology and insight help empower them to make better decisions, while the powerful partnerships we build help to enhance the expertise that we offer. And by enabling clients to invest responsibly, it helps us to build a better world.
About the department
The Distribution Governance and Oversight team is part of abrdn's Investments Vectors Client Ris & Governance Team. With a focus on UK and EMEA in the near term, the team is dedicated to the development and implementation of effective governance & oversight processes which ensure distribution activities (by abrdn and its delegates) are compliant with all local regulations.
About the role
The role holder will be responsible for assisting the Head of Distribution Oversight & Governance who is responsible for the oversight of all abrdn Investments Luxembourg's ("aIL") Distribution activity. This role focuses on oversight of delegation to companies within the abrdn Group and crossborder related service providers. You will work closely with the Conducting Officer, Head of Distribution Oversight & Governance and the wider Client Group's Risk & Governance Team to ensure a robust programme of crossborder oversight is delivered in accordance with the Group's framework and meeting all regulatory standards.
Key Outcomes / Responsibilities
