Regulatory Developments Officer

Full Job Description

Where you’ll fit in & what our team goals are…

Your role is to provide support on regulatory developments to the business as part of the advisory team whilst working closely with the Programme Director responsible for implementation.

How you'll spend your time...

Advice:

• Liaise with the Compliance team and the wider GCO to ensure jurisdictional changes are identified, assessed, and communicated appropriately.

• Maintain regulatory change sections of the intranet as a means of disseminating information.

• Provide advice to the business on how regulatory measures will affect the business in the future.

Regulatory Analysis:

• Periodic review of the Columbia Threadneedle EMEA Regulatory Change Framework.

• Complete the initial assessment of any regulatory development coming down the line to make an assessment if it affects the organisation and seek views from interested parties to substantiate this assessment.

• Liaise with Columbia Threadneedle America on SEC regulation that may need to be interpreted and assessed for its impacts on the EMEA business.

Regulatory Training:

• Assess the impact that EU regulatory change may have on the US businesses and liaise / report and provide training to them where necessary.

• Attend trade association forums, provide training where necessary, and disseminate information to those who need to know it.

Projects Participation:

• Actively participate in the regulatory change process by providing reports, updates and technical input to both individual projects and the Regulatory Change Steering Committee.

• To ensure the compliance agenda is served in a timely manner, and produce the necessary Ml to keep the BMC/RCC informed to facilitate decision making.

• To help coordinate and supervise the activities of the various subject matter experts in the GCO.

Tracking Regulatory Change:

• Track the development of regulatory change through the consultation/discussion paper stages pre-implementation.

• Track reinterpretations of existing implemented regulation, specifically in the UK.

• Track jurisdictional changes made to national rules that affect the organisation through an Analysis Tracker spread sheet.

• Centrally track, and follow up on, our status against regulatory change measures to be implemented.

Reporting:

• Maintain a monthly regulatory developments report to inform the RCC and BMC.

To be successful in this role you will have...

You should have knowledge of UK and European (APAC and US knowledge ideal) financial services regulation including the UK and EU policymaking process gained by working in either a compliance function or relevant second line function and have broad knowledge of regulatory risks in especially in the context of regulatory change/development agenda.

If you also had this, it would be great…

Due to the nature of this role, the candidate should have:

• the ability to work on own initiative and work relatively unsupervised

• analytical and interpretation skills on large volumes of data 

• drafting skills, attention to detail when drafting quality outputs and the ability to accurately and synthesise vast volumes of written information

• organisational skills, ability to deliver results in advance of strict deadlines, balancing ongoing role requirements with ad-hoc initiatives

• communication skills, be a strong team player and be able to relate to individuals at all levels across the business

• Good working knowledge of MS Office Suite

About Columbia Threadneedle Investments

Working at Columbia Threadneedle Investments you’ll find the promise we make to our clients is the same one we make to our employees: Your success is our priority.

Here, you’ll find growth and career opportunities across all of our businesses. We’re intentionally built to help you succeed. Our reach is expansive with a global team of 2,500 people working together. Our expertise is diverse with more than 650 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients’ specific requirements.

Columbia Threadneedle is a people business and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to providing an inclusive workplace that supports the diversity of our employees and reflects our broader communities and client-base.

We appreciate that work-life balance is an important factor for many when considering their next move so please discuss any flexible working requirements directly with your recruiter.
 

Full timePermanentLegal Affairs