Compliance Trainee- Liontrust

Liontrust is a specialist fund management company that takes pride in having a distinct culture and approach to running money. The company launched in 1995 and listed on the London Stock Exchange in 1999. We are an independent business with no corporate parent, our head office is in London, and we have offices in Edinburgh and Luxembourg.

Our purpose is to enable investors to enjoy a better financial future. We aim to achieve this by providing the environment which enables our fund managers and employees to flourish, helping our investors achieve their financial goals, supporting companies in generating sustainable growth, and empowering and inspiring the wider community.

Liontrust’s Strategic Objectives

1. Continue to enhance the client experience and outcomes.
2. Diversify the product range and investment offering;
3. Further broaden distribution and the client base; and
4. Strengthen our technological, data and digital capability to advance investment management, client service and business efficiencies.

At Liontrust our values support everything we do;

• We strive for excellence, in our products, service and people
• We do not follow the herd and have the courage to have independence of thought.
• Everyone at Liontrust has responsibility for their commitments, actions and for delivering on their promises.

Programme information

You will join as a trainee as part of the Investment20/20 programme. Our programme will introduce you to the investment management industry and you will gain industry knowledge, experience and develop relationships enabling you to progress your career and provide you with skills to secure a permanent role. During the programme you will have access to relevant training. As part of the Investment20/20 programme, you will have opportunities to meet and network with over 250 trainees across the industry and participate in socials and insight events.

Our trainee programme is a fixed term one year contract paying £26,500 plus benefits. You will receive 27 days annual leave. This role is based in London, is office based, but open for other arrangements.

The Team

You will join a well-established compliance team who are more than happy to integrate you and give you a solid grounding in all things regulation and compliance which will help you in your future career. It is a close-knit team who respect each other and each member of the team will help out their colleagues when needed, with weekly team meetings to share knowledge and workload. The team is headed by Milly Cooper who is the Head of Compliance. Milly is supported by Jo Mann, who is Deputy Head of Compliance and Money Laundering Reporting Officer (MLRO). Milly and Jo are supported by Richard, Lizzy, Sabine, Sophie, Effie, Matt and Jasmine. All are based in our London Savoy Court office, except Sabine who covers risk and compliance for our Luxembourg entity. The team interact with departments across the company on a regular basis and individuals have specialisms to help assist on specific queries.

The purpose of the role

The team is split into two specific areas: Advisory and Control Room. Your primary role will sit in the control room, but you will also be trained on tasks across both areas to be able to support the team in various daily, weekly and monthly tasks and administration.

Responsibilities include:

• Review pre-trade alerts that flag intra-day in our trading system and liaise with the compliance team, fund managers and traders on these as required.
• Review post-trade reporting in our trading system every morning, working with the compliance team to complete necessary disclosures (e.g. our fund positions in other companies as required by regulation or the takeover panel)
• Assisting the team to undertake market soundings (where Liontrust receive inside information on companies), ensuring appropriate record keeping and communication internally.
• Respond to s793 requests (details on our holdings in specific companies)
• Undertake regular compliance monitoring tasks, e.g. analysis of our gifts and hospitality records
• Assist, where needed, the Compliance team in compliance monitoring thematic reviews (audit-style reviews of internal departments)
• Examples of daily, weekly and monthly tasks may include approving staff personal account trading, reviewing marketing material, and review of surveillance alerts (e.g. call monitoring)

Skills and requirements

If you are an enthusiastic graduate keen to start your career in financial services and you have a passion to learn about Compliance, we would like to hear from you. The following attributes, will help you be successful in the role:

• Team player with a customer-focused approach
• Inquisitive and enjoys interpreting information and problem solving
• Good organisation skills able to multitask and meet deadlines
• Self-starter who can work to your own initiative
• Ability to prioritise effectively, be pragmatic and forward-thinking.
• Ability to identify and manage confidential and sensitive information or situations in a professional manner.
• Pro-active and enjoys working collaboratively as part of a team

How to apply

Email your CV and a cover letter to include answers to the following questions, in no more than 250 words per question:

• Tell us the reason for your application and what you find interesting about this role.
• Describe your greatest achievement and what you learnt from it.
• Tell us about a recent financial news story and why you found it interesting.

Please save your CV and cover letter as a single PDF and send your application through email with Compliance Trainee in the subject line.

PLEASE NOTE:

The Use of AI Technology

The purpose of these questions is to give applicants an opportunity to share their personal experiences and thought processes with the hiring manager.

We know that AI is an increasingly useful tool and we’re happy for you to use it to research and help form an answer, but you should not submit wholly AI generated answers – This will be checked.

The application process and key dates

Application Closing Date: 15th September

First Stage Interviews: W/B 16th September

Start Date: 21st October, earlier if available

Unsuccessful candidates: 27th September

Please note we recruit on a rolling basis and the role may close before the stated date, so you are advised to apply early.

We are an inclusive employer. If you have a disability, condition, or specific need that may require accommodations, please inform our recruitment team so that we can make the necessary adjustments to support you.