Compliance Manager

Apex Group Ltd; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services provider in London is seeking a Compliance Manager to oversee regulatory compliance across its Depository and Custody businesses. The ideal candidate has 3-5 years of experience in compliance, ideally within funds or custody. Strong analytical skills, a commitment to ethics, and the ability to communicate complex regulations are essential for success in this role. This position offers the opportunity to develop compliance strategies and train employees, ensuring adherence to industry standards.

Qualifications

• Minimum 3-5 years in a similar role.
• Understanding of industry laws and regulations.
• Experience within Financial Services is ideal.

Responsibilities

• Develop and implement a risk-based compliance framework.
• Advise on regulations and policies affecting the business.
• Maintain relationships with regulators and stakeholders.

Skills

Analytical skills

Communication

Leadership

Attention to detail

Adaptability

Education

Relevant professional qualification

Job description

The Apex Group was established in Bermuda in 2003 and is one of the world’s largest fund administration and middle office solutions providers.

Compliance Manager

Reporting directly to the UK Head of Depositary and Custody Compliance, you will help drive the compliance function, develop and implement a risk-based compliance management framework, assist with the management of compliance risk and oversee all regulatory compliance matters across the Depository and Custody businesses within the Apex UK Group of Companies.

Key Responsibilities

• Assist the UK Head of Depositary and Custody Compliance to develop and implement the risk-based compliance framework; develop and implement the risk-based compliance monitoring programme; prepare and present reports on compliance and regulatory issues for senior management, including board reports and the collation of management information as required; respond to enquiries and information requests from regulators, auditors or clients;
• Advise senior management on regulations and policies which affect the business;
• Keep abreast of industry and regulatory developments, thematic reviews and enforcement actions;
• Represent Compliance in various management and project meetings, committees and new business initiatives;
• Support the wider Apex compliance team on Group initiatives and areas of common interest;
• Establish and maintain good relationships with key stakeholders within the Apex Group and externally as applicable;
• Liaise with external parties such as auditors, regulators, industry bodies and clients;
• Create and maintain local compliance procedures and policies; and
• Develop and deliver appropriate compliance training to Board members and employees.
• Prepare / review RegData / Connect reports for submission;
• Assist in business and client queries related to FATCA/CRS and support related submissions;
• Respond to ad‑hoc requests received in the compliance inbox such as external due diligence questionnaires;
• Manage and support team members and allocated staff.

Skills and requirements

Minimum 3‑5 years in a similar role and/or relevant professional qualification.

Ideally with previous Funds or Custody experience within Financial Services.

Regulatory Knowledge

A good understanding of industry laws, regulations and standards is essential for ensuring organizational adherence.

Analytical & Problem‑Solving

The ability to analyze complex information, identify compliance risks and devise effective, practical solutions is crucial.

Risk Management

Developing and implementing strategies to assess and mitigate potential compliance and regulatory risks is a core function.

Data Analysis

The ability to collect, interpret, and use data to inform compliance strategies is increasingly important.

Technology Proficiency

Familiarity with technology and relevant software is necessary for managing and automating compliance processes.

Key Soft Skills

Communication

Excellent written and verbal communication skills are needed to explain complex regulatory requirements to various stakeholders.

Organization

Strong organizational skills are necessary to manage multiple tasks, maintain records, and ensure comprehensive compliance efforts.

Leadership & People Skills

Leading by example, collaborating effectively with different departments, and building positive relationships are vital for fostering a compliance culture.

Integrity & Ethics

A strong ethical foundation and a commitment to high standards are fundamental for upholding the organization’s integrity.

Adaptability

The ability to stay current with rapidly changing regulations and adapt to new laws is crucial for compliance professionals.

Attention to Detail

Meticulous attention to detail ensures accuracy in policies, reports, and risk assessments, preventing costly errors.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.