Investment Risk Senior Reviewer

At Rathbones, we help people invest their money well, so they can live well. That means more than financial returns – it’s about helping people feel confident in their decisions and supported in their future. We don’t just manage money, we guide people through life’s big moments, helping them stay on track and focus on what matters most.

We’re proud to be one of the UK’s leading wealth managers, with over £109bn
* in assets under management and 20+ offices across the UK and Channel Islands. We’re a FTSE 250 company with national reach and a local feel – and we’re growing.
* As of June 2025

Division: RIM - Specialist Support

Location:
Liverpool

Contract:
Permanent

Working pattern:
Hybrid

The Investment Risk team is part of Rathbones' first line of defence, providing oversight of portfolio suitability. The team carries out regular checks, including APRs, MiFID II reviews, complaint investigations, performance monitoring, and due diligence assessments. The purpose of this role is to conduct reviews but also support the Reporting & Portfolio Oversight Manager with ‘check‑the‑checker’ reviews and the escalation of issues to line supervision / training and competence.

• Where deviations occur between the client's portfolio and their agreed mandate, Investment Management teams document the reason and remediation plan. The Investment Risk team reviews documented exceptions to confirm accuracy, feasibility, and client awareness.
• Support the front office & investment risk team with portfolio suitability queries, training and technical assistance.
• Provide expert guidance and mentorship to Investment Risk Reviewers, supporting their development and ensuring consistency and accuracy in reviews.
• Act as escalation point for referred reviews, delivering robust solutions and recommendations to IMs / supervisors and/or T&C
• Ensure timely and effective follow-up on feedback and remedial actions, track outstanding actions and report progress to senior management.
• The day-to-day duties include:
• Tasks undertaken by Investment Risk reviewer
• Complete ‘check-the-checker’ reviews
• Organisation & participation in training sessions with Ims
• Production of MI with regards to the tracking of completed reviews (against team targets) and progress of outstanding actions.
• Quantity and quality of reviews completed
• Consistency of team reviews
• Quality of team feedback given to front office teams
• Keep up to date regarding regulatory and internal guidance and/or developments
• Maintain appropriate records to evidence decisions and to produce relevant/accurate MI
• Ability to challenge the existing checking processes and drive continuous improvements

• Good understanding of the UK Regulatory framework (FCA / JFSC)
• Knowledge of suitability requirements
• Have previous experience of regulatory review work
• Numerically accurate
• Able to communicate effectively and quickly establish credibility with employees at all levels of the organisation
• Building and maintain relationships with key contacts
• Be able to provide training and support to other colleagues across the business
• Professional Qualifications relating to Investment Management or Financial Planning (CII/CISI Level 4 or above).
• Previously undertaken file reviews where regulatory issues have been assessed

Provided feedback and training to colleagues

We want everyone at Rathbones to fulfil their potential, in an environment where you are proud to work and feel like you belong.

We offer a comprehensive remuneration package, which we review regularly, and benefits include:

• A company pension - 9% non-contributory or 10% if you contribute 5%
• Private medical insurance – Individual on joining, family after 1 year’s service
• Life assurance - 8 x salary
• Company share scheme
• Discretionary bonus
• Flexible holidays – purchase up to 5 additional days
• Green Car Scheme
• Family friendly policies – enhanced family leave for parents & carers
• Study support – study days and funding for courses and qualifications
• Season travel ticket loans
• Other voluntary benefits you can choose to suit you

Our employees can choose to take part in various social groups and communities to support their…