Practice Lead, Americas, Bovill Newgate

Company Description

Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance

We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices.

With a curious mindset, we ask the right questions to get to the right solution, faster. We collaborate to win together, sharing successes and shaping the future of our global business. Our culture of support and recognition provides the tools and opportunities for you to grow, while unlocking the most value for our clients and making your mark with Ocorian.

Expertise: We deliver specialist, tech-enabled solutions for our clients grounded on deep industry expertise.

Trust: We’re a trusted partner to over 8,000 clients globally. We are proud to have long-lasting partnerships with our clients.

Scale: With more than 1,500 colleagues, we operate across 20+ countries, our scale enables us to support our clients globally and locally, providing a seamless client experience across borders and service lines.

Introducing Bovill Newgate

Bovill Newgate is a specialist financial services regulatory consultancy with a global offering across the UK, the Channel Islands, Singapore, Hong Kong, Mauritius and the Americas. We help our clients meet complex and evolving regulatory obligations, providing certainty and peace of mind. We work with firms of every size across the financial services sector, supporting clients managing regulatory change and dealing with regulatory scrutiny. We provide advice on regulatory change and preventing financial crime, applications to regulators, building or enhancing regulatory frameworks, conducting compliance investigations or diagnostics, training and fulfilling prescribed roles. 

Job Description

Purpose of the Job

We are now looking for a highly motivated, proactive Practice Lead to join the Americas team. This role has full responsibility for growing, developing and managing one of Bovill Newgate’s most important Practices. The Americas has long been a space in which our advice has been sought and where we want to be known and respected. Bovill Newgate has an ambition to grow significantly over the next four years and the successful candidate will need to embrace that growth ambition. The growth of the US business is also strategically important for the Ocorian group, and so the role comes with wider group opportunity and support.

This appointment provides a significant opportunity for the right individual to grow and develop the Practice working directly with clients across the sector collaborating with our experienced team of industry specialists.

Main Responsibilities

The successful applicant will be responsible for:

• Providing high quality advice and support to clients on a range of regulatory compliance matters. Conducting regulatory reviews, such as mock SEC inspections.
• Delivering training sessions and workshops for compliance; staff and senior management.
• Assisting with registrations and set up new registrants.
• Drafting policies and procedures.
• Responding to ad-hoc and routine regulatory queries.
• Managing projects, often with multiple workstreams. This includes project planning, budgeting, scheduling, resource management and project close-down.
• Acting as the main point of contact for a portfolio of clients.
• Responsibility for growth of revenue in line with the company’s overall aspirations.
• Managing the practice P&L, in terms of controllable expenses, staff costs and discretionary spend.
• Developing 3 year practice business plan, including documenting strategy, targets and KPIs.
• Representing the practice in global business planning process.
• Ensuring the full range of business development activity is in place to win new clients, grow existing clients and cross sell. Upskill and develop all resources in the practice to increase commercial awareness and maximise business development opportunities.
• Reviewing and renew current processes where appropriate to enhance current successes.
• Nurturing and develop key relationships, including a number of strategic accounts.
• Managing a highly talented, ambitious and successful team.

Qualifications

Knowledge, Skills & Experience

Successful candidates will have:

• A minimum of ten years compliance industry experience of US regulators and US market, providing consulting services to the sector
• Educated to degree level.
• Evidence of experience working in a fast-paced organisation with and entrepren