Appointed Representative - Senior Associate (Assistant Manager)

Langham Hall Group; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A dynamic fund administration firm in London is seeking a Senior Associate to oversee analysts and manage compliance responsibilities. The ideal candidate should have a strong understanding of FCA regulations, possess excellent communication skills, and enjoy a collaborative team environment. The role offers growth opportunities, a focus on regulatory compliance, and engagement with diverse client projects.

Benefits

Generous provision for professional qualifications

Mentorship from senior leadership

Opportunities for team development

Qualifications

• Familiarity with the FCA regulatory compliance regime is essential.
• Experience in FCA regulation or working in regulated environments is beneficial.
• Degree-level education required, with a focus on compliance qualifications preferred.

Responsibilities

• Supervise analysts and manage the AR service delivery team.
• Engage in client relationship management and communication.
• Assist Compliance Director with compliance monitoring and risk assessments.
• Lead business development efforts and pitch for new mandates.

Skills

Regulatory/legal experience

Strong understanding of control frameworks

Excellent communication skills

Self-starter

Management experience or interest

Education

Degree level (2:1 and above)

Relevant compliance qualifications (CISI, ICA)

Tools

MS Office

Job description

Overview

Appointed Representative - Senior Associate (Assistant Manager)

Department: AIFM

Employment Type: Full Time

Location: London

Reporting To: Director

Langham Hall is one of the fastest growing businesses in the alternatives fund administration sector. It provides premium quality accounting, administration and investor reporting services to private equity and fund clients. The group operates across the UK, Jersey, Guernsey, Luxembourg, Hong Kong, Singapore, New York and Japan with 800 staff administering more than $190bn of private equity and real estate funds. It is licensed as a Host AIFM and Depositary in the UK and Luxembourg for private equity, real estate, debt and infrastructure funds.

Langham Hall is hiring a new Senior Associate/Assistant Manager in the UK AIFM business which provides AIFM, Appointed Representative (AR) and Operator Services to entities requiring regulatory cover for activities in managing and/or advising on real estate, private equity, infrastructure, private debt deals, sourcing and negotiating these deals and finding investors for funds and/or collective investment schemes investing in these assets.

The applicant should be familiar with the FCA regulatory compliance regime applying to these regulated activities and/or funds and have the ability to self-learn to keep up with regulatory changes. The role will primarily oversee some members of the AR service delivery team and will be trained for aspects of the internal compliance infrastructure for the Langham Hall entity (acting as the AIFM, Principal and Operator in collaboration with the Head of AIFM and two senior Directors, as well as colleagues).

This role suits someone who enjoys a wide remit, is a quick thinker and learner. It offers opportunities to engage in activities such as advising on new legislation and proposing implementations, managing and training junior team members, pitching for new mandates, business development and project management for new initiatives. The role is suited to an enthusiastic, commercially minded person with a genuine interest in the funds sector.

There is a generous provision for professional qualifications and the potential to specialise or improve soft skills. Mentors include the Head of AIFM and two senior Directors with extensive sector experience. The role requires a solid foundation in client skills and communication, financial services regulation and the fund universe, plus strong organisational and teamwork abilities.

The role description below outlines key attributes and skills; focus is also on team fit, growth potential and transferable experience.

Key Responsibilities

• Supervision and management of analysts undertaking monitoring of ARs and day-to-day operation of the sub-team; acts as escalation and knowledge point.
• Client relationship management including face-to-face, phone and email communications.
• Assess risks posed by Appointed Representatives and manage resolution/escalation.
• Manage Risk Committee processes.
• Assist Compliance Director with internal compliance requirements including regulatory capital assessments, risk assessments, compliance monitoring and financial crime checks.
• Opine on compliance matters for internal Langham Hall compliance and external fund clients and other entities covered by Langham Hall.
• Business development and involvement in pitching AR and other regulatory hosting services to prospective clients.
• Review onboarding processes for Appointed Representatives and Approved Persons (AML and KYC review, UK regulator applications, financial information and analysis).
• Lead team members to in-person meetings with clients to discuss business plans and regulatory updates.
• Approval of ongoing monitoring and oversight of all Appointed Representatives.
• Oversee complex matters arising from review of marketing materials related to investment products.
• Enforcement and review of analyst output and client-related tracking systems.
• Collaborate with team to propose solutions to regulatory issues through research and practice.
• Keep abreast of regulatory changes and oversee projects to implement required changes.
• Regular review and update of Compliance and operational policies and procedures to ensure ongoing compliance.
• Any other tasks assigned from time to time or arising from Langham Hall Fund Management and Regulatory Hosting initiatives.

The successful candidate may also contribute to risk and compliance oversight of the AIFM and Operator business and may support the Compliance Director. Knowledge in these areas is beneficial but not essential.

Skills, Knowledge and Expertise

• Regulatory/legal experience aiding understanding of the Appointed Representative regime and/or launching a fund.
• Strong understanding of control frameworks and risk management processes.
• Excellent numeracy, interpersonal, organizational and communication skills.
• Self-starter with ability to prioritise and manage multiple projects.
• Management experience or interest in people leadership.
• Ability to interpret complex information and provide practical guidance to the team, the business and clients.
• Excellent attention to detail and an enquiring mind-set.
• Ability to apply FCA rules practically to real-world scenarios.
• Ability to solve practical problems with limited precedent.
• Willingness to thrive in a small, focused team environment.
• Proficient in MS Office.

Education/Qualifications:

• Degree level (2:1 and above).
• Relevant compliance qualifications (CISI, ICA) beneficial.
• Previous experience in FCA regulation or working in regulated environments.