Laurence Blanchard

Manage a team of four to five Compliance Officers to deliver the UK Financial Security Assurance Plan and provide Oversight over the 1LOD Controls Framework.

• Creation and delivery of Financial Security Assurance Plan including Independent Testing performed on 1LOD controls, direct controls and testing and Financial Security Compliance Reviews.
• Supporting rebalancing of 2LOD FS and KYC controls to 1LOD and Implementation of Independent Testing in 2LOD on 1LOD controls.
• Ongoing oversight over 1LOD controls and testing framework.
• Testing and oversight over near shored activities.
• Developing people in the team.
• Ensuring the maintenance of accurate records and audit trail as well as the analysis, compilation and delivery of management information (‘MI’) on FCCA team findings.

Execute Compliance reviews across Corporate & Institutional Banking and support the Reviews team with expertise on Financial Security.

• Execute Compliance Reviews across the bank.
• Produce reports from Reviews undertaken.
• Follow-up on corrective action plans
• Produce Management Information for Compliance Reviews team for Compliance Management and various committees in CIB.
• Update of testing guidance for Financial Security risks.
• Secondment of four months to BNP Paribas Securities Services to assist with completion of their Review Plan.
• Key reviews undertaken: Review of Conflicts of Interest including refresh of Conflicts of Interest matrices across CIB, Review of DCM and Syndicate business area, Review of UK Corporate Coverage, Review of UK Correspondent Banking, Review of PRIIPs implementation in Global Markets.

Develop, execute and enhance the Compliance Review Plan and support the development of a strong compliance culture across the London branch.

• Deputy to Head of Central Compliance.
• Create the Annual Compliance Review Plan.
• Plan and execute Compliance desk reviews and thematic reviews.
• Design and execute the review programmes.
• Produce reports and management information from reviews undertaken.
• Follow-up on corrective action plans to ensure they are addressed timely.
• Assist with ad hoc Compliance enquiries and projects.
• Conduct biannual Compliance culture survey.
• Assist in the development of the Compliance Risk Assessment process.
• Review electronic communications
• Provide training to UK and German Operations teams on Transaction Reporting requirements
• Key reviews undertaken: Desk reviews: EMC-Institutional Sales, EMC-Private Bank Sales, EMC-Commodities, DCM Bonds, Thematic reviews: Sanctions, AML, ABC, Transaction Reporting.

• Lead complex multi jurisdictional Compliance monitoring reviews following internal audit methodology of the investment management and private banking businesses.
• Drive Compliance monitoring reviews from planning to execution by identifying and prioritising areas for review, testing controls and associated policies and procedures.
• Advise the business on best practice and design of the procedures to implement as a result of reviews’ findings.
• Design and execute surveillance tests.
• Conduct Compliance Due Diligence reviews on new suppliers.
• Prepare quarterly risk assessments for allocated business areas.
• Follow-up on corrective action plans.
• Conduct Issue Assurance.
• Key reviews/surveillance undertaken: Manage the delivery of the Barclays Wealth Sanctions Conformance Testing Programme, Lead review of Discretionary and Non-Discretionary Investment Management across all European locations (France, Switzerland, Monaco, Italy, Spain, Portugal), Lead review of Fund Management (UK and Spain), Develop Compliance testing plan for Wealth Advisory business, Review of Sales Suitability (UK and Switzerland), CDD/KYC reviews across the business.

• Identify key risks, prepare risk matrix and audit programme.
• Conduct Internal Audit Reviews.
• Manage audit team (oversee audit tasks and review audit work).
• Update the Head of Internal Audit on work progress and observations.
• Identify audit issues and develop recommendations.
• Arrange closing meeting with management.
• Prepare Internal Audit Report.
• Business areas audited: Rothschild Private Banking & Trust Group (London, Guernsey, Zurich, Geneva, Singapore, Bermuda), Rothschild Investment Banking (London, New York, Hong Kong, Beijing, Singapore, Frankfurt, Milan), Rothschild Asset Management Inc. (New York), Five Arrows Leasing Group (Northampton, Southampton).

• Coordination and review of long form reports.
• Calculation of tax figures.
• Analysis of new legal requirements.
• Review and approval of new products.
• Review of procedures and work flows.
• Analysis of implications of SoX on reporting.
• Impact Analysis of IFRS on investment funds.

• Statutory audits and limited reviews of banks, investment funds, transfer agents and reinsurances.
• Preparation of long form reports.
• Assessment of the controls environment (private banking, reporting, internal audit, custodian bank, AML, trading, commission calculations and payments).
• Controls reports (central administration, custodian bank, transfer agent).
• Centralised AML reports for transfer agents.
• Responsible for teams of one to six people.