1LoD Risk & Conduct SME – Private Client Wealth
Wealth Proposition | 6 month contract | Outside IR35 | Market rate
Investec is progressing a significant growth agenda within its UK Private Client franchise to deliver our ambition to scale a high-touch, advice-led proposition that combines private banking, wealth capabilities, digital access and the wider One Investec ecosystem. As part of this, the business is developing a broader UK Wealth proposition that will require robust, client-centred operational foundations across onboarding, servicing, fulfilment, controls and governance.
This is a 1st Line Risk & conduct SME contract role for someone who can provide specialist risk, regulatory and compliance input into the end-to-end design and launch of the new UK Wealth proposition. You will work as part of a small central build squad, partnering with proposition, platform, service, risk, compliance, legal, governance and operational stakeholders to ensure the target client experience is designed in line with regulatory requirements, Consumer Duty expectations, conduct risk principles and 1st Line control ownership from day one.
What you will be doing
- Provide specialist 1LoD risk input into the end-to-end design of the new UK Wealth proposition, ensuring risks, controls and regulatory obligations are considered throughout the client journey.
- Co-create proposed client journeys, product features, service models and governance arrangements against relevant regulatory requirements, compliance standards and Consumer Duty outcomes.
- Identify conduct, client outcome, financial crime, operational resilience, data, complaints, disclosure and suitability considerations that need to be addressed in the proposition design.
- Work with Risk, Compliance, Legal, Proposition, Platform, Service and Operations teams to surface regulatory gaps, control requirements, ownership points and design decisions required before launch.
- Support the definition of 1st Line control ownership, governance touchpoints, evidence requirements, approvals, escalation routes and ongoing monitoring needs.
- Challenge design choices where they create unnecessary regulatory, conduct or client outcome risk, and recommend practical mitigations that preserve the intended client experience.
- Contribute to launch readiness artefacts by ensuring regulatory, compliance, Consumer Duty and 1st Line risk requirements are clearly captured and understood.
- Provide clear input into programme governance on key risks, assumptions, dependencies, open regulatory questions and decisions required.
What we are looking for
- Strong 1LoD risk, regulatory or compliance experience within UK wealth management, private banking, investment management or closely related regulated financial services environments.
- Good practical understanding of FCA expectations, Consumer Duty, conduct risk, client outcome testing, governance, control ownership and regulated product or proposition design.
- Able to assess end-to-end client journeys and proposition design choices through a regulatory, compliance and 1st Line risk lens.
- Experience supporting new product, proposition, service model or platform delivery in a regulated environment, ideally with exposure to formal governance, approvals and launch readiness activity.
- Comfortable working with senior stakeholders across Risk, Compliance, Legal, Proposition, Platform, Service, Operations and Governance teams.
- Able to translate regulatory and risk requirements into practical design considerations, clear actions and proportionate controls.
- Confident challenging decisions constructively where client outcome, compliance or control risks are not sufficiently addressed.
- Delivery-focused, pragmatic and comfortable working at pace in an ambiguous, launch-critical build environment.