VP Compliance Monitoring & Controls

JR United Kingdom; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading company in the asset management sector is seeking a Head of Compliance in London. This role involves ensuring adherence to FCA, EU, and SEC regulations, conducting compliance monitoring, and implementing policies for continuous improvement. The successful candidate will work closely with senior management and external advisors to maintain high compliance standards.

Qualifications

• Experience in compliance with FCA, EU, and SEC regulations.
• Ability to conduct compliance monitoring and prepare regulatory submissions.

Responsibilities

• Conduct analysis of policies to identify compliance gaps.
• Maintain compliance with evolving regulations and business demands.
• Implement policies for continuous improvement of compliance practices.

Skills

Compliance

Risk Management

Regulatory Framework

Job description

Job Title: Head of Compliance - Asset Management, London

Client:

Morgan McKinley

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

3

Posted:

14.05.2025

Expiry Date:

28.06.2025

Job Description:

1. Conduct thorough analysis of organisational policies, processes, and controls to identify and address compliance gaps.
2. Maintain compliance with FCA, EU, and SEC regulations.
3. Ensure the firm is aware of and compliant with the new CCI regime when it comes into effect.
4. Provide oversight and support to the first line of defence regarding risk management.
5. Participate actively within the senior/executive management committee.
6. Prepare and submit FCA returns via RegData and Connect.
7. Submit FCA event-driven reporting as required.
8. Prepare and submit Annual Form ADV to the SEC, along with other updates as necessary.
9. Implement policies to ensure continuous improvement of the firm’s compliance practices.
10. Liaise with external service providers as needed.
11. Maintain, review, and develop policies and procedures to ensure compliance with evolving regulations and business demands, updating them at least annually.
12. Coordinate with external compliance advisors for quarterly monitoring visits and expert advice.
13. Conduct periodic compliance monitoring, including best execution, dealing errors, cross trades, and breach register maintenance.
14. Monitor staff compliance activities, including personal account dealing, declarations, gifts & entertainment, political contributions, training, and assessments.
15. Oversee new staff compliance inductions and approve new brokers.
16. Research new regulations and advise on their impact on the firm.
17. Implement the Consumer Duty regulatory framework within the firm’s operations, policies, and procedures.
18. Maintain public disclosure items such as the UK Stewardship Code, Shareholder Rights Directive, and MIFIDPRU 8 (remuneration).
19. Ensure compliance with UK SDR rules and EU SFDR rules.
20. Review and approve marketing materials distribution across jurisdictions, maintaining accurate records.
21. Establish a system to capture all reverse solicitations and outcomes.
22. Participate in initial and ongoing client due diligence visits and annual reviews of external service providers.
23. Attend ITC client board meetings as required.
24. Review and update the risk matrix quarterly, aligning with changes in the firm’s business.
25. Develop risk management systems in collaboration with the Operations Team.