Compliance Associate - Investment Banking

Compliance Associate - Conflict/Trade Experience

Location - Glasgow Hybrid Working 2/3 days a week commutable from surrounding areas – (inc Edinburgh etc)

Joining Capco means joining an organisation that is committed to an inclusive working environment where you’re encouraged to #BeYourselfAtWork. We celebrate individuality and recognize that diversity and inclusion, in all forms, is critical to success. It’s important to us that we recruit and develop as diverse a range of talent as we can and we believe that everyone brings something different to the table – so we’d love to know what makes you different. Such differences may mean we need to make changes to our process to allow you the best possible platform to succeed, and we are happy to cater to any reasonable adjustments you may require. You will find the section to let us know of these at the bottom of your application form or you can mention it directly to your recruiter at any stage and they will be happy to help.

About Capco

We are:

• Experts in capital markets, banking and payments and wealth and asset management
• Deep knowledge in financial services offering, including e.g. Finance, Risk and Compliance, Financial Crime, Core Banking etc.
• Committed to growing our business and hiring the best talent to help us get there
• Focus on maintaining our nimble, agile and entrepreneurial culture

Role Description

Capco are recruiting for a Compliance Associate to support our Investment Banking Client.

Key Responsibilities & Tasks:

Compliance experience (2+ years) - preferably employee/PA trading or a form of conflicts.

• Collate all PA Trading activity for employees, monitoring electronic feeds from brokers and reaching out to employees for trade confirmations. Compare electronic feeds/information on trade confirmations with employees’ trade requests.
• Take ownership of all incoming pre-clearance requests from employees (Outside Business Affiliation, Private Investments, Broker Accounts). Examine any conflicts of interest in these requests and highlight to senior management.
• Write reports of violations of the PA Trading policy, conducting investigations, and discussing each breach with senior management. Writing memorandums for more serious violations of the PA Trading Policy.
• Drafting/issuing policy reminders to employees as part of disciplinary action. Monitor ongoing breaches, track/update progress of each case.
• Assist with gathering of information in response to Internal Audit and Regulatory exam requests.
• Work closely with colleagues in Central Compliance.
• Notify external brokers to cease receipt of employee trade confirmations when a such employee is no longer employed by Company.
• Reviewing and monitoring broker accounts: checking electronic feeds haven’t ceased, requesting statements from employees to ensure accounts are compliant, reviewing non-approved broker accounts, non-domestic account review, documentation required, account centralisation required.
• Conduct training to new joiners, including 1:1 refresher training with employees when necessary.
• Review and add PA Trading approvers to each new joiner of the company, reviewing approvers to make sure they are correct and up to date.
• Review any employees who leave the company and assess whether there is a gap in the approval hierarchy.
• Review trade alerts from brokers (open communication items).
• Reviewing all requests from employees (new broker accounts, updating broker accounts, trade requests that have an unexpected answer in the form, OBA’s, PI’s).
• Part of the Employee Trading shared mailbox and assist in responding to ad-hoc queries from employees and other departments.
• Fulfil reporting requests: trading or pre-clearance history, orphan accounts, account inquiries and account reconciliation.
• Closing pending pre-clearance trade requests aftermarket closure.
• Reviewing PA Trading policy regularly, adding in required information or updating information due to procedure changes.
• Take part in reviews of internal policies and procedures, giving input to the changes and recognising when updates are required.
• Closely monitor PA Trading teams’ work (QA checks of all processes).
• Give constructive feedback to PA Trading team when issues are raised.
• Allocate workload to PA Trading team each day and monitor progress throughout the day.

Next Steps

If you’re looking forward to progressing your career with us, please do not hesitate to apply. We are looking forward to receiving your application.

To learn more about Capco and its people check out the website on www.capco.com