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Senior Compliance Manager - Buy-Side

  • Location: City of London, London
  • Sector: Compliance
  • Salary: £75000 - £85000 per annum
  • Job type: Permanent
  • Date posted: 05/06/2018
  • Job reference: 30194
This vacancy has now expired.

A newly created role within one of the leading European asset managers

Working as part of a team, in a senior generalist role, carrying out all duties required of a Compliance Function.

Main Duties

Assisting with overseeing and managing all compliance issues, including compliance monitoring, anti-money laundering and training requirements.

  • General
    • Carry out analysis on breaches and complaints when required;
    • Provide regular reports on compliance matters;
    • Prepare compliance reports for reporting to internal committees and Board reports;
    • Assist with the production of the group compliance manual and provide technical advice and training as necessary to ensure that the business is compliant with its content;
    • Ensure that all client-facing employees understand the obligation for clear, fair and not misleading communications;
    • Review and approve financial promotion material, ensuring all documentation meets current regulatory requirements and is consistent across the product base;
    • Review target market and product governance documentation;
    • Review terms of business, IMA's and other client documentation;
    • Carry out proactive monitoring reviews across the business, coordinating with the Compliance Monitor as appropriate.
    • Ensure that appropriate controls are in place to mitigate the risk of non-compliance;
    • Prepare reports giving independent and objective assurance on adherence to regulatory standards and on the effectiveness of controls in place or proposed;
    • Propose recommendations for improvement in existing procedures and in the design of new products and support systems, together with agreed action plans to help improve the control environment.

  • Compliance Advisory

Provide an advisory service to the business on regulatory matters affecting investments and the client base.

  • Provide ad-hoc compliance advice, guidance and support to the business, in respect of FCA rules affecting trading, investments and the Funds;
  • Respond to compliance queries from the business and assist in the resolution of issues;
  • Assess new investments in to funds and review suitability documentation carried out by fund managers when required;
  • Monitor and review Fund regulations and restrictions on investments;
  • Act as the point of contact for regulatory investment restrictions and the operation and monitoring of relevant compliance rules within Bloomberg AIM;
  • Carry out and report on ad-hoc investigations as necessary.

  • Financial Crime

Ensure that appropriate controls are in place to mitigate the risk of Financial Crime, including anti-money laundering, fraud, bribery and corruption, insider dealing, market abuse and information security.

  • Regulatory Change

Monitor regulatory developments and assess their impact on business.

  • Keep abreast of regulatory changes as they develop;
  • Determine the impact on business activities;
  • Make written recommendations for improvement to the company's policies and procedures as appropriate to ensure continued compliance;
  • Provide overview of regulatory changes and other areas of the business, as necessary.

  • Risk Management

Work to monitor key risks to the business and ensure that the risk management framework remains up to date and appropriately mitigates the relevant risks.

  • Consider and review key risks to the business;
  • Maintain the risk management framework and tools designed to capture and report risk and control data;
  • Monitor the status of identified risks and controls as well as identify new risks in line with business changes;
  • Produce reports on the status of high level and borderline residual risks and actions being taken by the business to mitigate these risks;
  • Monitor inputs from Compliance and Audit reports;
  • Work with the business to assist in the development of efficient and effective risk controls.
  • Identify gaps in the risk model ensuring that all high level risks are considered on an ongoing basis.

Skills/Experience Required

  • Proven track record of identifying, assessing and monitoring compliance issues in an asset management firm;
  • Relevant professional qualification;
  • Knowledge of UCITS, AIFs and ACS fund regulations.

Who we work with

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