Analyst, Regulatory Developments

Posted:
9/3/2024, 2:59:23 AM

Location(s):
Scotland, United Kingdom ⋅ Edinburgh, Scotland, United Kingdom ⋅ City of Edinburgh, Scotland, United Kingdom

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Legal & Compliance

Job Description

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 Regulatory Developments Team is a busy, forward-looking team in the abrdn Risk & Compliance (R&C) Division. The team leads regulatory horizon scanning activity globally and manages abrdn’s groupwide framework for regulatory change.

About the Role


As the Regulatory Developments Analyst you will get the opportunity to build expertise in key areas of asset and wealth management regulation; support and advise colleagues across the group and our key regions (UK, EMEA, APAC and the Americas); build your knowledge of the business; and help to ensure that abrdn and stays ahead of the curve on implementation and regulatory compliance.

Key Responsibilities

Leading horizon scanning and analysis on funds, markets and conduct regulation:

  • Using and developing strong expertise on key regulatory files – including AIFMD, UCITS, MiFID, sustainability and prudential rules – to identify and diagnose material regulatory developments for abrdn.
  • Providing timely and concise regulatory summaries and updates to colleagues across the group.

Supporting subject matter experts across the firm on key developments, impact assessments and consultations:

  • Maintaining a strong awareness and understanding of abrdn’s key businesses in the UK and EMEA and building and leveraging a wide network of business contacts to mobilise action.
  • Working closely with SMEs to support thorough impact assessment of key regulatory developments and tracking of required actions for implementation.
  • Working with the Public Affairs team to coordinate abrdn responses to key regulatory consultations.

Supporting consistent global application of the groups model for end-to-end regulatory change:

  • Production and analysis of periodic MI and reporting on regulatory change activity across the group.
  • Working with colleagues in Regulatory Developments and across the regions to track progress of regulatory change activity across the group, identifying and escalating issues if required to Chief Compliance Officers.
  • Working with the groups internal business change hub to maintain an overview of major regulatory change activity in train and ensure timely scoping and mobilisation of large-scale regulatory projects.

About the Candidate

  • Good understanding of large, diverse financial services businesses.
  • The ability to interpret financial regulation and distil likely commercial and operational
  • impacts.
  • Proven ability to communicate the impact of regulatory developments to a range of senior internal and external stakeholders in a concise and articulate manner.
  • Good understanding of current and emerging regulatory compliance market trends, methods and tools.

We are proud to be a Disability Confident Committed employer. Therefore, if you have a disability and would like to apply 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.

Our benefits

There's more to working life than coming home with a good salary. We have an environment where you can learn, get involved and be supported.

When you join us, your reward will be one of the best around. This includes 40 days’ annual leave, a 16% employer pension contribution, a discretionary performance based bonus (where applicable), private healthcare and a range of flexible benefits – including gym discounts, season ticket loans and access to an employee discount portal. You can read more about our benefits here.

Our business

Enabling our clients to be better investors drives everything we do. Our business is structured around three distinct areas – our vectors of growth – focused on our clients’ changing needs. You can find out more about what we do here.

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.

abrdn

Website: https://abrdn.com/

Headquarter Location: Edinburgh, Edinburgh, City of, United Kingdom

Employee Count: 10001+

Year Founded: 1825

IPO Status: Public

Last Funding Type: Undisclosed

Industries: Customer Service ⋅ Enterprise Software ⋅ Finance ⋅ Financial Services