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Ethics and Independence Assistant Manager

Date: Nov 20, 2018

Location: Watford, United Kingdom

Company: KPMG UK

AutoReq ID139721BR
Job TitleEthics and Independence Assistant Manager
CountryUnited Kingdom
LocationWatford
FunctionKPMG Business Services
Service LineQRM
Service Line InformationQuality and Risk Management are the responsibility of each partner and employee. This responsibility includes the need to understand and adhere to member firm policies and associated procedures in carrying out their day-to-day activities. UK Quality & Risk Management teams help to set, implement and enforce policies and procedures designed to help to enable KPMG UK and its personnel to achieve the following key objectives: (i) oversee and monitor service quality, (ii) protect the brand and reputation of KPMG, (iii) comply with laws, (iv) regulations and professional standards, and (v) minimize the risk of financial claims against KPMG UK.

KPMG OverviewKPMG is part of a global network of firms that offers Audit, Tax & Pensions, Consulting, Deal Advisory and Technology services. Through the talent of over 16,000 colleagues, we bring our creativity and insight to our clients’ most critical challenges.

With offices across the UK, we work with everyone from small start-ups and individuals to major multinationals, in virtually every industry imaginable. Our work is often complex, yet our vision is simple: to be the clear choice for our clients, for our people and for the communities we work in.

Job DescriptionBackground

KPMG and its people are required to comply with the financial independence rules established by various regulators including the UK FRC, IESBA and the SEC as well as KPMG Global polices. Ensuring compliance with these requirement helps to protect the firm’s client and public relationships and uphold the reputation of the firm.
The Ethics and Independence (E&I) team are part of the Quality and Risk Management Risk Operations Group which is responsible for monitoring the firm’s and its individuals’ compliance with the firm’s professional risk management and quality control policies, procedures and guidance. Furthermore, the Group work with the wider Quality and Risk community and across the KPMG network to exchange knowledge, develop and improve processes and procedures in response to emerging regulatory, business and other requirements.

The Role

An opportunity exists for an assistant manager to take on responsibility for the firm’s compliance with Regulatory and Global investment requirements. They will be part of the firm’s Ethics and Independence Team within Quality & Risk Management. The role is to oversee the compliance of investments made on behalf of the UK firm, including pension investment mandates, insurance captive and the KPMG Foundation. The individual will be expected to have a good understanding of investment products both at commercial and retail levels and be able to apply the relevant regulation to ensure we do not breach any rules. The individual will need to be able to demonstrate excellent communication skills and the ability to deal with difficult situations effectively. They will also be responsible for various additional tasks involving audit relationships for retired partners and directors, employer pension compliance and other adhoc ethics and independence tasks that fall under the remit of the Personal Ethics and Independence Teams. This is an ideal opportunity for someone who would like to develop their career in a compliance role in Quality & Risk Management in a successful professional firm.

Key Responsibilities

The key responsibilities include:
- Reviewing preclearance requests from investment managers and internal teams in line with regulatory requirements for firm accounts
- Building relationships with investment managers and firm investment owners
- Developing a deep understanding of investment products and how they should be assessed for independence purposes
- Managing the compliance of those allocated to KPMG Standard Life pension Scheme
- Building strong working relationship with KPMG Pensions and Investment teams, helping them to navigate the investment and pre-clearance requirements effectively and ensure processes and requirements are supported and well understood
- Reviewing and reconciling the 10 firm KICS accounts to ensure continued compliance
- Developing relationships with the Global independence team, the ultimate owners of the KICS firm accounts.
- Developing a good understanding of the independence requirements

The Person – Skills, Qualifications and Behaviours

- Excellent attention to detail
- Strategic and solutions based approach
- Ability to analyse complex investment products
- Good understanding of UK financial products
- Ability to find solutions to complex situations and address issues effectively
- Excellent communication skills at all levels – ability to communicate requirements effectively
- Excellent written and oral communication skills
- Exceptional organisational skills with the ability to prioritise efficiently and work well under pressure
- Ability to work independently with confidence and take responsibility for implementing and overseeing key areas of personal and firm ethics and independence
- Ability to build good relationships with financial and wealth advisors to ensure they understand the rules and have the ability to comply with them

Our DealIf the chance to work with interesting clients and innovative technology wasn’t rewarding enough, we’ll motivate you in other ways too. At KPMG you can expect real responsibilities and opportunities to grow professionally.


‘Our Deal’ sets out all the different ways you’ll be rewarded at KPMG. Among other things you can benefit from honest conversations about your career as well as a range of other rewards. In all these ways and more, we have created an environment that can bring out the best in you.

Flexible WorkingWhile some of our client-facing professionals can be required to travel regularly, and at times be based at client sites, we are supportive where possible of helping you to achieve a balance between your home and work demands.

We are happy to discuss individual requirements and our range of flexible working arrangements could be of interest. Furthermore, as part of the recruitment process, we can put you in touch with people who work flexibly so you can understand from them what our culture is like.

Applying with a DisabilityKPMG are proud to be an inclusive, equal opportunity employer and we seek to attract and retain the best people from the widest possible talent pool. As a member of the Business Disability Forum we're committed to ensuring that you are treated fairly throughout our Recruitment Process. Should you be successful after the initial application stage, please discuss any reasonable adjustments that you may require, with your recruitment contact.

KPMG's commitment to diversity

We are proud of the value we place on individuality; we want you to bring your full self to work and truly maximise your potential. We believe that your individuality helps us to deliver the best results for our clients. Diversity of background, diversity of experience, diversity of perspective - that's the KPMG difference. But, don't take our word for it, find out more about diversity at KPMG.



Returning to work after a break
At KPMG, we appreciate that returning to work after an extended career break can be daunting. We understand that those with experience who have taken a career break have a wealth of experience and knowledge to offer our organisation, which helps us to achieve our business goals. We will support you to refresh your skills, develop your confidence and provide a supportive network across the firm to help you best integrate into the working environment. This role welcomes applications for individuals who have been out of work for 18 months or more and who have previous relevant experience.

Policy for Agencies

KPMG has a commitment to sourcing candidates directly and as such we do not accept speculative CV’s from agencies. Please check here to see our policy on agencies: Policy


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