Compliance Monitoring & Reporting Associate, Depositary UK

IQ-EQ; Belfast; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A leading compliance firm in Northern Ireland is seeking a Compliance Monitoring & Reporting Associate. In this role, you will ensure that the compliance framework is effectively implemented and improved. The ideal candidate has over 4 years of experience in compliance within financial services and possesses strong communication and organizational skills. This position offers extensive benefits including flexible working arrangements, comprehensive remuneration, and support for personal development.

Benefits

Comprehensive remuneration and pension

Private health and dental cover

Flexible working

25 days paid leave plus public holidays

Qualifications

• 4+ years’ experience in a compliance type role within financial services, or a similar role.
• Strong understanding of AIFMD or Asset Management including alternative investment funds.
• Ability to work autonomously and manage time effectively.

Responsibilities

• Support the effective operation of the second line of defence in compliance.
• Identify gaps, weaknesses, and emerging risks through monitoring activities.
• Collaborate in the development and implementation of new policies.

Skills

Compliance knowledge

Time management

Communication skills

Autonomous working

Education

Bachelor's degree in accounting, finance, law or related field

Job description

Overview

Job Description

As a Compliance Monitoring & Reporting Associate as part of the Depositary department in UK, you will be responsible for supporting the effective operation of the second line of defence. You will ensure that the regulatory risk & compliance framework across IQ EQ Depositary Company (UK) Limited ("the DepCo") is implemented, maintained, and continuously improved. This includes identifying gaps, weaknesses, and emerging risks through regular monitoring activities, which serve as an early warning mechanism. Based on these findings, you will prepare recommendations for consideration by the Compliance Officer and/or Risk & Compliance Committee.

What you’ll do

• Provide subject matter expertiseon technical matters and support the upskilling of others where appropriate.
• Support the development, maintenance, and deliveryof governance and compliance frameworks and the Compliance Monitoring Plan, ensuring alignment with internal and regulatory expectations.
• Collaborate with the Legal & Compliance and Operations Directorin the development and implementation of new policies and procedures.
• Support the oversightof the training and competency regime, including contributing to the delivery of the overall learning and development plan.
• Assist in ensuringthat appropriate frameworks, policies, procedures, and training are in place to support compliance with SM&CR, AIFMD, and other applicable regulations.
• Contribute to the productionof reports on regulatory and compliance matters and management information (MI), including insights from horizon scanning, as required by the Risk & Compliance Committee and/or Board.
• Support the preparationof internal and client-friendly versions of controls reports and Assist the DepCo Operations teamin the implementation, embedding, and adherence to all new and existing company policies and procedures.

What we offer

• Comprehensive remuneration and pension: motivating financial packages based upon market rates for your role and is proportionate to your qualifications, level of experiences and skills profile
• Wellbeing: additional social benesfits such as private health and dental cover, life assurance, discounted gym membership, eye test and corporate GP
• Annual leave: our employees are entitled to 25 days paid leave plus all UK public holidays
• Enhanced maternity and paternity, including shared parental leave and adoption leave
• Flexible working: we recognise the value of working flexibly and want to ensure all employees enjoy an excellent work-life blend. As such, we are open to conversations with employees related to setting up flexible working arrangements.

Qualifications

• 4+ years’ experience in a compliance type role within financial services, or a similar role (i.e. Internal Audit, Control assessments)
• Bachelor’s degree in accounting, finance, law or related field, or relevant professional industry qualifications.
• Experience within the financial services industry, preferably with a knowledge of AIFMD or Asset Management including alternative investment funds.
• Strong time management and organisational abilities.
• Strong communication skills, both written and verbal.
• Ability to work autonomously

Additional Information

OUR COMMITMENT TO YOU AND THE ENVIRONMENT

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,800+ employees - from 94 nationalities, across 25 countries - to each achieve their potential.Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success leads to our sustainability and success. We’re emotionally invested in our clients right from the beginning.