Rothschild & Co
Rothschild & Co is one of the world's largest independent financial advisory groups. We offer a distinct perspective that makes a meaningful difference to our clients’ business and wealth.
With a team of 3,800 talented financial services specialists on the ground in 40 countries across the world, we provide independent advice on M&A, strategy and equity and debt financing, as well as investment and wealth management solutions to large institutions, families, individuals and governments. As a family-controlled business that has been at the centre of the world’s financial markets for over 200 years, we can rely on an unrivalled network of specialists and are known for our track-record of outstanding execution in financial services.
Rothschild & Co Wealth Management
Within Private Wealth Management we offer an objective long term perspective on investing, structuring and safeguarding assets, to preserve and grow our clients’ wealth.
We provide a comprehensive range of private wealth services to some of the world’s wealthiest and most successful families, entrepreneurs, foundations and charities. In an environment where short-term thinking often dominates, our long –term perspective sets us apart. We believe preservation-first is the right approach to managing wealth.
The Onboarding Team
The Onboarding team is part of the Front Office Support function which sits between the Front Office and the other departments of the business.
The Onboarding team is responsible for the timely and compliant take-on of all new clients. These include accounts for individuals and ISAs as well as for companies, trusts, pensions, charities and insurance wrappers. The team review and approve all low and medium risk clients and complete the review of high risk and PEP clients before escalating to Compliance for approval. They are also responsible for reviewing new clients with regard to investment suitability, FATCA, CRS, QI withholding tax and MiFID II transaction reporting.
The team are also responsible for the periodic review for all clients and also review and approve all static data changes for existing clients, ensuring that the Front Office have followed the instruction taking procedure to protect our clients against fraud.
Overview of Role
We are looking to hire an Onboarding Executive who will report into the Onboarding Team Leader. The role involves daily direct contact with the Front Office teams and the senior management team in order to facilitate account openings, periodic reviews and static data amendments.
The candidate is expected to demonstrate good communication skills as they will be occasionally dealing with clients as well as internal contacts. Also, they should show an ability to be creative when presented with a problem or error; the candidate should be able to generate ideas to improve current procedures and controls in order to prevent future errors and to make processes more efficient.
The candidate should be able to demonstrate a strong understanding of the regulatory framework relevant to the role, whilst grasping the importance of a smooth and efficient service for the Front Office teams and end clients.
Elements of the onboarding process
Day-to-day support and query resolution
Project work and static data amendments
Reporting and controls
Our goal is to have a balanced, inclusive and flexible environment which enables all colleagues to achieve their personal and professional aspirations, and to ensure that Rothschild & Co provides longer term opportunities for talent.