Compliance Associate, London

Partners Capital; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading firm in the Wealth Management sector is seeking a Compliance Associate to join their expanding team. This role requires a solid understanding of financial services regulation, particularly FCA rules, and entails a variety of compliance-related responsibilities aimed at ensuring robust operational practices. The ideal candidate will contribute significantly to the compliance function by advising on regulatory issues, supporting policy development, and maintaining compliance across the firm's global activities.

Benefits

Private medical and life insurance

Income protection and pension contributions

Wellness benefits

Global philanthropy and volunteer days

Social events

Qualifications

• 2-3 years’ experience in a broad compliance role in Wealth or Asset Management.
• Good working knowledge of FCA and European regulations.
• Ability to work independently and interact across multiple organizational levels.

Responsibilities

• Provide advice on regulatory compliance matters including MiFID II, AIFMD.
• Draft and update internal policies in line with regulatory changes.
• Support compliance with Anti-Money Laundering (AML) regulations.

Skills

Communication

Organisational Skills

Independence

Project Management

Financial Awareness

Education

Legal background

Job description

The Compliance Associate will join a growing compliance team, who are responsible for a very broad range of compliance matters across all areas of the firm and they will primarily contribute to the efficient running of the compliance function in the UK.

Duties will include:

• Provide advice and guidance to the business on regulatory and compliance issues as required (such as for instance MiFID II, AIFMD, Suitability, Financial Promotions, TCF, Market Abuse, Product Governance, SFDR, SMCR etc)
• Provide review and sign-off of marketing materials and provide advisory support on compliance matters relating to the firm’s distribution activities in Europe
• Analyse and interpret regulatory developments
• Assist with the conduct of risk assessments, gap analysis, monitoring and testing as part of the overall Compliance Monitoring Plan (CMP)
• Development and maintenance of management information
• Ensure the submission of regulatory returns to the FCA in a timely manner and respond to standard requests in a timely manner
• Maintain the core compliance regulatory registers
• Draft and update internal policies and procedures in line with regulatory developments.
• Support the firm’s compliance with Anti-Money Laundering (AML) requirements
• Supervision of some US Compliance activities where appropriate, such as monitoring of personal trading (no need to be a US regulatory expert), as well as supporting and liaising with our Paris, Hong Kong and Singapore offices
• Support the development and implementation of the firm’s compliance training programme. Inform, advise and educate business units and senior management on all relevant compliance and AML matters
• Be responsible for ensuring all information security processes, policies and procedures are adhered to and any issues or concerns are raised with the Cyber Security team
• Ensure full compliance with all local data protection regulations and privacy controls, and any related issues are raised via the appropriate channels

Key Requirements

The ideal candidate will have 2-3 years’ experience of operating in a broad compliance role within the Wealth Management or Asset Management space and has a good understanding of the regulatory environment.

• Candidates will also have a good working knowledge of financial services regulation, in particular good knowledge of FCA and European rules as well as the communication and organisational skills necessary for the role
• Ability to work with a degree of independence and escalating issues when and if necessary
• Ability to interact with multiple levels in an organisation in an international environment
• Ability to prioritise, multi-task, and manage expectations and time in a fast-paced environment with shifting demands
• Good organisational, research and project management skills
• Strong financial and business awareness
• Legal background would be advantageous This is a chance to work in a high profile firm and ensure the compliance function is both robust and fit to support the business

This is a chance to work in a high profile firm and ensure the compliance function is both robust and fit to support the business.

Remuneration

Partners Capital is committed to being a great place to work. We are focused both on wellbeing and professional growth. You can expect professional development and career progression opportunities, competitive compensation, exceptional benefits and a flexible “results-focused” working model.

Our benefits package includes private medical and life insurance, income protection and pension contributions. In addition, we partner with organisations to provide wellness benefits. Partners Capital supports global philanthropy via a charity program and provides a volunteer day for all employees. We also champion a variety of social events.