Regional Front Office Risk Manager

About the role

LGT Wealth Management, part of the LGT Group, is hiring a Regional Front Office Risk Manager in Melbourne. Reporting to the Front Office Chief of Staff, you will support Front Office Management and partner closely with the Regional Manager, Investment Advisers, Associate Advisers, Associates and the Front Office Control & Monitoring team. As the first line of defence, you will oversee advice suitability, business conduct and regional Front Office risks, providing practical guidance, supervision and monitoring while operating independently of Risk and Compliance.

Key responsibilities

• Oversee Front Office business conduct, adviser and client activities and advice suitability in the region in line with regulations, LGT directives, policies and guidelines.
• Partner with Front Office Management, Operations, Line 2 and other regional risk managers to maintain strong supervision, governance and a practical risk-based control environment.
• Perform and coordinate regular control checks, risk assessments, key control testing, file review support and monitoring of remediation actions.
• Provide day-to-day guidance, training and knowledge sharing to advisers and associates, including induction, Client Advice Process support, advice suitability guidance and refresher training.
• Review, challenge and approve business exceptions and pre-approvals such as advice pre-vetting, travel, pricing, cross-border and LGT access matters.
• Maintain and oversee regional exception, incident and escalation processes, including reporting issues, errors, breaches or unusual activity to Front Office Management.

Required profile

• 8+ years of compliance and control experience in wealth management and/or with regulators.
• Knowledge and practical experience of local laws and regulations.
• Experience overseeing advisory business functions, with a preference for Line 1 wealth advice experience.
• Bachelor's degree in Law, Commerce, Management or Finance.