Compliance Manager (Full or Part-Time)

Compliance Professionals; City Of London; On-site; GBP 50,000 - 70,000; Part time

Job summary

A specialist boutique hedge fund in London is seeking a part-time Head of Compliance to oversee its compliance framework and ensure adherence to FCA and SEC regulations. The ideal candidate will demonstrate effective problem-solving skills, possess strong attention to detail, and have substantial knowledge of regulatory expectations. This is an opportunity to contribute significantly in a dynamic environment, with potential for ownership of compliance-related activities.

Qualifications

• Strong knowledge of FCA and SEC regulations.
• Experience managing compliance for firms operating in both jurisdictions.
• Self-motivated with a strong work ethic.

Responsibilities

• Oversee and manage the firm's compliance framework.
• Update policies to reflect evolving regulatory expectations.
• Conduct regular compliance monitoring and risk assessments.

Skills

Knowledge of FCA regulations

Knowledge of SEC regulations

Effective communication

Attention to detail

Problem-solving skills

Education

Strong academic record

Tools

Steeleye

Job description

THE COMPANY

Our client is a specialist boutique UK hedge fund, seeking a part time Head of Compliance (to work 3 days a week). The ideal candidate will have SEC exposure.

THE RESPONSIBILITIES

• Oversee and manage the firm's compliance framework, ensuring adherence to FCA, SEC, and other relevant regulations
• Position Compliance as a Second Line of Defence, focusing on control, oversight, and monitoring
• Ensure regulatory, statutory, and fiduciary obligations are met, and enhance the quality and frequency of compliance reporting to the Partnership
• Keep up to date with regulatory developments in the UK and US, including AIFMD 11, assessing their impact and implementing necessary changes
• Update policies and procedures to reflect evolving regulatory expectations
• Lead preparation for the SEC new entrant examination in collaboration with external consultants
• Manage periodic and ad hoc regulatory filings with the SEC, CFTC/NFA, and other international regulatory bodies, in conjunction with other business areas
• Operate core compliance programs including PAD, OBI, COi, and G&E. Maintain compliance records and registers related to these programs
• Monitor the operations team's daily compliance processes, particularly short and long disclosures
• Conduct regular compliance monitoring and risk assessments to identify and mitigate potential risks
• Participate in internal committees where compliance input adds value
• Provide compliance training and guidance to staff, ensuring awareness and understanding of regulatory obligations
• Leverage strong governance and compliance practices as a competitive edge with investors

EXPERIENCE REQUIRED

• Strong knowledge of FCA and SEC regulations, with experience managing compliance for firms operating in both jurisdictions
• Familiarity with Steeleye is beneficial
• Trustworthy, loyal, humble and honest. A self-motivated, go-getter
• Strong self-motivated work ethic willing to take ownership of work product
• Strong attention to detail with demonstrated ability to deliver on a timely basis and be highly responsive
• Effective communicator with track record of problem solving with limited direction
• Emotional maturity and professionalism
• Strong academic record

For further information please contact Spencer Evans