Compliance Manager (12 month FTC)

THE COMPANY: Our client is an independent boutique asset management business based in the UK, specialising in providing differentiated strategies to investors.

THE RESPONSIBILITIES:

1. Maintain a thorough knowledge of all legislative, technical (product) and regulatory changes and take steps to ensure that systems and controls are put in place to ensure compliance with those requirements.
2. Make written recommendations for improvement to the company’s policies and procedures as appropriate to ensure continued compliance.
3. Provide an overview of regulatory changes as necessary.
4. Provide ad-hoc compliance advice, support, and guidance.
5. Respond to compliance queries from the business and assist in the resolution of issues.
6. Assess new investments into funds and review suitability documentation (as per Investment Restrictions) carried out by fund managers when required.
7. Monitor and review Fund regulations and restrictions on investments.
8. Act as the point of contact for regulatory investment restrictions and the operation.
9. Set up and monitor relevant compliance rules within Bloomberg AIM and other relevant Operational/Portfolio Management Systems.
10. Maintain appropriate registers including Regulatory Rule Breaches, Conflicts of Interest, Risk Assessments, etc.
11. Assist in the review of relevant policies and procedures to ensure compliance with FCA rule changes.
12. Participate and lead projects as and when they arise, ensuring appropriate engagements and consistency across the Business.
13. Carry out analysis of relevant regulatory breaches and assist in dealing with complaints when required.
14. Ensure that appropriate controls are in place to mitigate the risk of Financial Crime, including anti-money laundering, corporate offence of facilitating tax evasion, fraud, bribery and corruption, insider dealing, market abuse, and information security.
15. Work closely with relevant Fund Management teams supporting our Best Execution framework and ensuring that all relevant alerts and reports are properly investigated.
16. Review and approve financial promotion material, ensuring all documentation meets current regulatory requirements and is consistent across the product base.
17. Assist Fund Managers and Head of Compliance in keeping product governance documentation up to date.
18. Prepare Regulatory Returns.
19. Manage Senior Managers & Certification Regime (SM&CR).

EXPERIENCE REQUIRED:

1. Ideally a degree and/or Professional Compliance/Regulatory Qualification is preferential e.g. Diploma in Compliance and/or Diploma in Financial Planning.
2. At least 5 years’ experience in Compliance or Operations within financial services (in-house or consultancy), preferably in a fund management and/or discretionary management environment.
3. Regulatory change experience would be an advantage.
4. An understanding of the regulatory environment, particularly FCA systems & controls and conduct of business regulation.
5. Strong appreciation of Compliance and Operational Risk and how these are embedded within a business.

For further information please contact Spencer Evans.