Compliance Analyst

LGPS Central Limited; Birmingham; Hybrid; GBP 35,000 - 45,000; Full time

Job summary

A financial asset management firm is looking for a proactive Compliance Analyst to ensure the effective operation of its compliance framework. The role involves maintaining compliance registers, advising staff, and supporting compliance programs. Candidates should have a strong interest in asset management and the UK regulatory environment. This is an excellent opportunity for career development in a reputable organization.

Benefits

Competitive salary

Enhanced Pension Scheme

30 days' paid holiday

Excellent Learning & Development Opportunities

Hybrid Working

Vitality Private Medical Insurance

Qualifications

• Understanding of how UK law and FCA regulation impacts regulated companies.
• An interest in applying FCA rules in asset management.
• Previous compliance experience is desirable but not essential.

Responsibilities

• Maintain compliance registers for breaches and personal account dealing.
• Manage compliance inboxes and allocate tasks.
• Advise staff on compliance policies and responsibilities.
• Support execution of Compliance Monitoring Programme.
• Conduct AML checks on clients and counterparty due diligence.

Skills

Excellent communication skills

Strong problem-solving skills

Detail oriented

Strong interpersonal skills

Education

Degree in a relevant field

Job description

Overview

Join LGPS Central at a pivotal moment-where investment meets longterm impact. We are looking for a proactive and motivated Compliance Analyst to join our Legal, Compliance & Risk team at LGPS Central. Reporting to the Compliance Manager, you will play a key role in ensuring the effective operation of our compliance framework and supporting the business in meeting regulatory obligations. This role is a fantastic opportunity to develop your career in compliance within a £45bn pension pool, contributing to the highest standards of oversight and assurance as our fund range continues to grow.

Responsibilities

• Maintain the compliance registers, including breaches, gifts and entertainment, and personal account dealing.
• Manage the compliance inboxes and allocate tasks/queries to the compliance team as appropriate.
• Manage the allocation and database of online compliance training for new and existing staff.
• Advise staff on compliance policies and their responsibilities in relation to them.
• Support the execution of the Compliance Monitoring Programme, including the maintenance of accurate records.
• Support the daily review of investment guideline monitoring in Bloomberg and associated record keeping.
• Support the development and embedding of a strong compliance culture.
• Support the compliance team maintain and update policies and procedures to comply with evolving legal and regulatory standards.
• Support the preparation of compliance decks and materials that will be submitted to the LGPS Central Board and its underlying governance Committees. This will include preparing compliance MI and stats.
• Support with horizon scanning activities and the review of regulations and legislation that impacts LGPS Central.
• Support with the preparation of compliance reviews by regulators, clients, and other third parties, including followup actions.
• Support with conducting AML checks on clients as well as counterparty due diligence, including their ongoing review.

About Us

LGPS Central (LGPSC) Ltd is the FCA-regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK. LGPS Central's Partner Funds are:

• Cheshire Pension Fund
• Derbyshire Pension Fund
• Leicestershire Pension Fund
• Nottinghamshire Pension Fund
• Shropshire Pension Fund
• Staffordshire Pension Fund
• West Midlands Pension Fund
• Worcestershire Pension Fund

Note: Previous compliance experience is desirable but not essential. However, you must have an interest in asset management and the UK regulatory environment. Relevant experience in a professional services environment is desirable.

Knowledge

• Understanding of how UK law and FCA regulation impacts the operation of regulated companies. For example, UK legislation and the FCA handbook.
• An interest in learning about and applying FCA rules in an asset management company.

Competencies

• Excellent communication skills. Able to translate complex and technical matters into clear and relevant guidance.
• Strong problem-solving skills, with a pragmatic approach to resolving issues.
• Excellent writing and presentation skills.
• Detail oriented with strong organisational skills to manage competing priorities.
• Strong interpersonal skills and able to build effective relationships at all levels internally and externally.
• Active participant in professional development, with an interest in learning about compliance, regulation, and investment services.

Qualifications

• Relevant compliance experience/qualification and/or degree is desirable but not essential.

What we offer

• Competitive salary
• An enhanced and generous Pension Scheme
• 30 days' paid holiday plus bank holidays
• 2 days paid volunteering days
• An extra paid Company Day in addition to paid holidays
• Excellent Learning & Development Opportunities
• Welfare and Family-friendly policies
• Enhanced pay for new parents
• Access to our Employee Assistance Programme 247 Health & Wellbeing Support
• Vitality Private Medical Insurance
• Hybrid Working
• Company Service Awards
• Cycle to Work Scheme
• Company Electric Vehicle Scheme
• Nominees of the Family Friendly Employer of the Year 2022 Personnel Today Awards 2022
• Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023
• Winner of Diversity and Inclusion Award LAPF In Investments Award 2023