Compliance Monitoring Analyst (Investments)

Recruiter
BAE Systems
Location
London
Salary
Up to £55000 per annum + + depending on experience
Posted
19 May 2022
Closes
02 Jun 2022
Ref
89637
Hours
Full Time
Flexibility
None
Contract Type
Permanent
Head Office

We serve and protect those who serve and protect us. Attracting and retaining the sharpest minds is essential for a globally competitive Head Office Business. Our aim is to recruit the very best talent. At BAE we want to be the leading employer in defence and security for valuing diversity and inclusion. We care about difference in all forms and want to create an inclusive environment where everyone can be themselves and reach their full potential.

We welcome candidates from all backgrounds and particularly from sections of the community who are currently under-represented within our industry, including women, people from ethnic minorities, people with disabilities and LGBTQ+ individuals. We also want to be a preferred home for veterans and reservists.

At BAE Systems we are committed to supporting work life balance for all our employees and embrace a range of modern working practices, which aim to enhance flexibility for individuals whilst also enabling business performance. Flexibility provisions vary by role, but include; hybrid working arrangements, flexible working patterns and shift working.

Our Head Office Business

If you'd like to make a real difference where it counts, BAE Systems is the place for you.

From keeping soldiers, sailors and pilots safe to helping countries prosper, from developing the next generation of supersonic aircraft to investing in the next generation of super-smart talent - at BAE Systems, we work together to give our customers an essential edge in protecting the things that really matter. Lives, livelihoods, ways of life.

As part of the Head Office team, you'll be at the heart of this endeavour - working closely with our air, maritime, land and cyber and intelligence businesses to support our customers around the world.

Join us and you'll be encouraged and rewarded to excel in this important work. Apply your talent where it counts.

Compliance Monitoring Analyst (Investments)

Would you like to play a key role within our compliance team? We have an exciting opportunity for a Compliance Monitoring Analyst to join us based out of Burwood House (Greater London).

This opportunity sits within BAE Systems Pension Funds Investment Management Limited ("BAPFIM") which is the in-house pension fund investment manager for BAE Systems Plc, managing over £27bn of assets on behalf of the BAE Systems pension schemes. It is a diverse, multi-asset, global investment portfolio spanning public and private markets.

As a Compliance Monitoring Analyst, you will sit within the BAPFIM Compliance team, reporting to the Head of Compliance. The role supports ensuring compliance with the FCA regulatory and BAE Systems Operational Framework requirements, through the monitoring and testing of processes, procedures, and business activities to provide assurance of adherence by the firm to the requirements.

The successful candidate will also be expected to be able to provide guidance to the Compliance team and wider BAPFIM investment management, operations, and finance teams on the regulatory environment and FCA expectations on the firm

This role will provide you with the opportunity to work with many stakeholders at various levels, working within an essential part of the business, developing and enhancing our compliance monitoring programme.

Your main responsibilities as a Compliance Monitoring Analyst will involve:

  • Producing daily MI reports, monitoring Takeover Panel changes, analysing custodian records and Bloomberg message alerts and compliance rule violations and escalating to Head of Compliance where corrective action required
  • Carrying out daily best execution monitoring and market abuse checks on transactions and escalating concerns to Head of Compliance
  • Maintaining Personal Account Dealing and Gifts & Hospitality registers and producing regular analysis reports of Personal Account trading activity / Gifts & Hospitality notifications
  • Carrying out ongoing monitoring in accordance with the Compliance Monitoring Programme. Escalating to Head of Compliance and working with the business to resolve any issues identified
  • Producing quarterly assurance report on findings and advising Head of Compliance and Senior Management of adverse findings and proposing corrective action for consideration and approval
  • Analysing regulatory requirements for investment managers and outsourced service providers and reviewing activities to test compliance with the FCA Handbook, insider dealing and anti-money laundering legislation and BAE Systems Operational Framework
  • Developing and updating the Bloomberg and Dynamo analytical tools to improve assurance testing, including Bloomberg AIM compliance rules
  • Carrying out quarterly reviews and independent testing of Financial Control Framework procedures and recommending suggested process improvements in line with BAE Systems
  • Carrying out half yearly independent testing and walk through of procedures for front office, middle office and finance. Producing reports of findings and suggesting process improvements for consideration by relevant teams
  • Assisting with provision of KYC documentation to brokers and counterparties and assisting with the KYC analysis of potential investment opportunities as required
  • Providing cover to the Regulatory Compliance Officer role as required
  • Maintaining and developing the Compliance Monitoring Programme to reflect the evolving needs of the business and regulatory changes
  • Your skills and qualifications:

  • FCA regulatory knowledge is essential, with focus on investment management
  • Compliance monitoring expertise required
  • Internal audit or assurance experience preferred
  • Good level of understanding of how compliance integrates with other areas within the business
  • Able to develop compliance assurance reports
  • Meticulous attention to detail
  • Able to analyse information to formulate questions and recommendations
  • What we're looking for in you:

    You will be a strong communicator with the ability to develop successful working relationships with stakeholders. You will have developed diplomacy skills in order to persuade and influence where weaknesses are identified or changes to working practices are required.

    Location:

    Burwood House, Greater London (hybrid working arrangement)

    Salary:

    £55,000+ dependent upon experience

    Benefits:

    Our employees receive an excellent benefits package which includes a competitive pension scheme, enhanced annual leave allowance and a Company contributed Share Incentive Plan. We also offer a range of additional benefits such as flexible working, an employee assistance programme, Cycle2work and many local and national employee discounts. Some employees may also be eligible for an annual incentive.

    BAE Systems:

    BAE Systems is one of the world's leading global defence, security and aerospace companies. We work at the cutting edge of technology, creating more than 100 new inventions every year for customers in over 100 countries.

    Please be aware that many roles working for BAE Systems will be subject to both security and export control restrictions. These restrictions mean that factors including your nationality, any previous nationalities you have held, and/or your place of birth may limit those roles that you can perform for the organisation.

    Due to the volume of applications we receive, we sometimes close our vacancies early. It is therefore advisable to apply as early as possible if you would like to be considered for a role with BAE Systems.

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