LGT Wealth Management was formed around a clear and uncompromising vision – to bring global best practice in building institutional quality investment portfolios to Australian clients.
With a shared passion for building an uncompromised business – we created something new from the ground up. A chance to leave behind the things that weren’t working, while enhancing the things that were. Our authentic and personalised client-first commitment. Our entrepreneurial spirit. Our focus in best-in-class advice. And our intimate understanding of the Australian private wealth landscape.
In 2022 we became a part of the LGT Group, who shared our entrepreneurial spirit, long-term approach and private-ownership model. Today, with the global expertise, stability, and capability of LGT behind us, we can work without being reliant on markets or margins, with a singular focus on giving our clients the advice and deep expertise they need for generations to come.
About the role
Reporting to the Chief of Staff, you will lead the Business Risk Management function within Front Office Advisory, providing effective oversight of front office related activities and ensuring alignment with governance standards, regulatory requirements and business objectives. You will drive the design, implementation and optimisation of advisory and sales frameworks, strengthen risk and control processes, support senior management through insights and committee representation, and lead a high-performing team to deliver robust oversight, continuous improvement and practical business support.
Responsibilities
- Lead and manage a high-performing team to provide effective oversight of front office related activities.
- Design, implement and optimise advisory and sales related processes and frameworks to align with governance standards and business objectives.
- Strengthen process and system components across the advisory and sales process to support business needs and improve control effectiveness.
- Ensure business activities are carried out in compliance with regulatory obligations and corporate governance requirements.
- Oversee periodic reviews to ensure outcomes are delivered with a high level of accuracy and within required timeframes.
- Lead, coach and develop team members to foster high performance, strong collaboration and continuous skills development.
- Provide advice to senior management and represent Business Risk Management on management, supervisory and governance committees delivering risk insights and recommendations to support effective decision-making.
- Act as a point of escalation for issue handling and supervisory inquiries from Business Risk Management, front office and other stakeholders.
- Build and maintain strong relationships with local and regional colleagues to support cross-functional collaboration and successful delivery of initiatives
- Supervise a portfolio of seasoned advisers covering clients in Australia and provide guidance on day-to-day business matters.
- Provide advisory support across client onboarding, KYC, client profile periodic reviews, regulated sales activities, transactions, client service support and broader risk and control matters.
- Coordinate with internal departments to facilitate business support for relationship managers and client service officers.
- Conduct detailed analysis and regular control reviews, provide recommendations to support decision-making and risk assessment, and formulate and track remediation activities.
- Partner closely with Risk and Compliance (Second Line of Defence) to ensure alignment on risk frameworks, regulatory requirements, monitoring outcomes, issue management and remediation activities.
- Lead business initiatives and process enhancements relating to the front office governance framework, including portfolio review, client document and email review control procedures ensuring alignment with regulatory requirements, global standards and evolving business needs
About you
- University degree with 10+ years’ experience in private banking or asset management business risk and controls.
- Experience in regulatory compliance, audits and remediation, particularly across products and investor suitability.
- Proven experience leading and developing teams, including performance management, coaching and fostering a collaborative culture.
- Strong leadership and decision-making capability, with the ability to set priorities, delegate effectively and drive initiatives through to completion.
- Strong interpersonal and communication skills, with the ability to engage effectively with investment advisers, management and key stakeholders.
- A proactive, solutions-focused mindset with the ability to identify alternatives and resolve issues effectively.
- Proficiency in MS Office, with Power BI, Tableau or Avaloq experience viewed favourably.
LGT Wealth Management is committed to the ongoing development of their employees. Your development will be managed and tailored to your role and future career path.
LGT Wealth Management is an equal opportunity employer committed to embracing a diverse and inclusive work environment. We aim to attract and retain the best people regardless of their gender, marital/parental status, ethnic origin, nationality, age, background, disability, sexual orientation and gender identity.
