Compliance Director

IO Associates; United Kingdom; Hybrid; GBP 100,000 - 150,000; Full time

Job summary

A financial services firm in the UK is seeking a Compliance Director. This role involves overseeing compliance frameworks and guiding business lines while collaborating with regulatory authorities. Ideal candidates will have in-depth knowledge of FCA rules, experience in asset management, and proven leadership in compliance. The role requires office presence 3 days a week and offers a competitive six-figure salary plus bonuses.

Qualifications

• In-depth knowledge of FCA rules impacting wealth and asset management.
• Experience in asset management, especially in retail.
• Proven experience in a compliance leadership position.

Responsibilities

• Cultivate relationships with regulatory authorities, especially the FCA.
• Ensure compliance with regulations.
• Lead and manage the Compliance team.
• Design and implement the annual Compliance Plan.

Skills

Understanding FCA rules

Proficiency in FSMA and MiFID II

Attention to detail

Team management

Education

Professional qualifications in Compliance

Job description

Overview

Compliance Director | Wealth Management

Our client operates in the financial services industry, focusing on wealth, asset, and fund management. They are committed to maintaining a culture of innovation, regulatory compliance, and client-centric services.

Our client is seeking a Compliance Director to support the CRO and Executive Committee in fostering a constructive dialogue with regulatory authorities. This role plays a strategic function in overseeing regulatory compliance frameworks, guiding business lines on regulatory matters, and collaborating with stakeholders to ensure adherence to standards and regulations.

Responsibilities

• Cultivate a strong relationship with regulatory authorities, particularly the FCA
• Ensure the company operates in compliance with regulations and industry standards
• Lead and manage the Compliance team effectively
• Provide detailed Compliance reports to governance committees
• Design and execute the annual Compliance Plan
• Stay updated on emerging regulations and ensure timely implementation
• Collaborate with the wider Risk function for cohesive risk management
• Contribute to first-line projects and squads to maintain compliance

Essential Skills & Experience

• In-depth understanding and practical knowledge of FCA rules impacting wealth and asset management - platform experience would be highly desirable
• Proficiency in legislation such as FSMA and MiFID II
• Experience in asset management, especially in the retail market
• Strong attention to detail with a broad business understanding
• Professional qualifications in Compliance are advantageous
• Proven experience as a Head of Compliance or similar role, including team management

Working arrangements

Please note that you will be required to work in their offices 3 days per week. This role is paying six figures and there is a highly competitive bonus.

Application

If you possess the necessary skills and experience for this pivotal role, we invite you to submit your CV for consideration. Or alternatively, for more information, please contact Raj.