Title: SMCR and Governance Officer Location: London, QVS
Company Overview: Newton Investment Management is one of BNY Mellon Investment Management's specialists, and they are a London-based global investment house with expertise in a range of disciplines, including global, regional and emerging-market equities, multi-asset strategies, absolute return investing and global bonds. A global, thematic approach to investment helps them achieve long-term perspective on global financial markets and economies, and identify areas of long-term risk and opportunity. Their belief is that responsible investment is better investment for clients and they consider ESG (environmental, social and governance) issues in relation to every company in which they invest. Newton is part of BNY Mellon Investment Management, one of the world's largest investment managers.
What's on Offer? Newton is a professional, friendly and collegiate place to work offer a number of benefits like a 12% pension contribution, flexible working hours and opportunities to progress. The firm looks to attract individuals who are keen to work as part of a team, in a meritocratic environment, and who are driven to help make the organisation a great place to work. Newton employees are bright, inquisitive, thoughtful and collaborative. They are highly motivated to deliver performance and service to clients. Newton prides itself on being an employer of choice, with a commitment to diversity.
BNY Mellon Investment Management: At BNY Mellon Investment Management, we believe the right results begin with being relevant to every client, whether it is engaging with them to create solutions, offering diversified strategies or providing insights for better-informed decisions.
That is why we designed a model built around investors' needs to offer the best of both worlds: world-class investment firms with best-of-breed talent and unique cultures combined with the global scale and strength of BNY Mellon Investment Management. We connect investors with opportunities across every major asset class, globally. Today, we have eight investment firms, one of which is Newton Investment Management.
We believe this is how investing should be and we are looking for talent to help us deliver on our promise.
Proactively design, develop, manage and coordinate processes required under the FCA's Senior Managers & Certification Regime (SMCR) to help ensure that Newton remains fully compliant under the regime.
Act as the subject matter expert for the processes, which underpin Newton's compliance with SMCR
Support the Newton Company Secretary with company secretariat and governance related duties and projects as required
Design, implement and undertake end to end processes, including policies and procedures as required, to ensure that Newton remains fully compliant under the SMCR regime. Including but not limited to: oLiaise with the EMEA HR Governance team as required regarding background screening checks and processes- provide advice to HR for Senior Managers (SM) and Certified staff (CR) oFitness & Propriety (F&P) for SM and CR (on appointment, transition, on going, annual assessment etc) oExperience and skills assessments and induction materials for SMs and CRs, in conjunction with line managers (designing and scoping competency documentation) oFCA submissions and filings for SMs and CRs oOwn and maintain the populations of SM and CR staff, ensuring that new roles are appropriately identified and assessed oDevelop and maintain SMCR documentation, including; responsibilities map, statement of responsibilities, Senior Managers Guide, Certification Guide, Handover Policy (ensure they remain up to date, reflecting management / structural changes) oProvide support and advice to SMs to ensure that the evidence they have identified to demonstrate they have taken reasonable steps to avoid a breach in their area of responsibility is maintained oLiaise with the HR Operations team to ensure that the Regulatory references- process is carried out effectively oInitiate the correct processes and escalate as appropriate, any Conduct rules breaches via Compliance, Risk & HR oLiaise with the BNYM BKU team regarding online training to ensure regulatory obligations are met; actively engage in regulatory training updates and make recommendations for any training gaps that may be fulfilled internally or externally; maintaining training materials and ensuring that any gaps are notified to line managers
Work with BNYM Group/ Newton technology on the development of technology systems to facilitate SMCR
Lead, attend and contribute at meetings
Support to the Company Secretary on company secretariat duties as required, for example maintaining Committee and Board terms of reference, authorised signatory lists, governance manual etc
Work on various other governance projects as required
Our expectation is that people will bring:
Efficient Decision Making
Experience and qualifications required:
Previous compliance experience
Working knowledge of SMCR; being an advocate for SMCR within the business
Proactively keeping up-to-date with changes or cases from the regulator
Solid experience working with board members and executive management and other senior management levels
Ability to deliver results in an ambiguous environment
Handling multiple priorities and experience of successfully implementing processes that require multiple stakeholders
Track record in managing/overseeing high profile processes
Newton Investment Management is an Equal Employment Opportunity Employer. Newton welcome applications from LGBT+ people.
BNY Mellon is an Equal Employment Opportunity Employer.