Risk & Compliance Manager - (SMF4, SMF16, SMF17) - Investment Management

ZipRecruiter; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading investment management firm in London is seeking a Risk & Compliance Manager to ensure compliance with regulatory requirements and manage risk. This role involves strategic leadership and oversight of compliance, risk management frameworks, and AML systems. The ideal candidate will have proven experience in financial services, strong leadership skills, and the ability to interpret complex regulations. Join a dynamic team and shape the compliance culture of the firm.

Benefits

Competitive remuneration and benefits

Supportive, collaborative, and dynamic working environment

Qualifications

• Proven experience in a senior risk and compliance role.
• In-depth knowledge of FCA regulations and AML requirements.

Responsibilities

• Develop and maintain the firm’s risk management framework.
• Oversee compliance function and ensure adherence to FCA regulations.
• Lead regulatory engagement and monitor regulatory developments.

Skills

Leadership

Communication

Analytical

Education

Relevant professional qualifications

Job description

Job Description

Risk & Compliance Manager - (SMF4, SMF16, SMF17) – Investment Management

Location: London

Salary: Competitive + Benefits

Employment Type: Full-time, Permanent

About role

We are a leading investment management firm, committed to delivering exceptional value and robust governance for our clients. As we continue to grow, we are seeking a highly skilled Risk & Compliance Manager to join our senior leadership team. This is a pivotal role, responsible for ensuring our firm’s ongoing compliance with regulatory requirements and the effective management of risk across the business.

The Role

As Risk & Compliance Manager, you will hold the following Senior Management Functions (SMFs) under the FCA’s Senior Managers & Certification Regime (SM&CR):

• SMF4 – Chief Risk Function: Overall responsibility for the firm’s risk controls and frameworks.
• SMF16 – Compliance Oversight: Oversight of the firm’s compliance with regulatory obligations, reporting to the governing body.
• SMF17 – Money Laundering Reporting Officer (MLRO): Oversight of anti-money laundering (AML) systems and controls, ensuring compliance with FCA rules

You will report directly to the Board and work closely with senior stakeholders, providing strategic leadership on all matters relating to risk, compliance, and regulatory change.

Key Responsibilities

• Develop, implement, and maintain the firm’s risk management framework, ensuring all risks are identified, assessed, monitored, and mitigated
• Oversee the compliance function, ensuring adherence to all relevant FCA regulations and internal policies
• Act as the firm’s MLRO, leading AML strategy, investigations, and reporting, and ensuring robust systems and controls are in place
• Provide regular risk and compliance reports to the Board and relevant committees, including MI and assurance on key controls
• Lead regulatory engagement, including FCA communications, audits, and regulatory reviews
• Monitor regulatory developments and operationalise regulatory change across the business.
• Manage and enhance the Compliance Assurance Programme, including control monitoring and testing
• Support the development and review of key governance documents, including offer documents, fund updates, and regulatory filings
• Deliver training and guidance to staff on risk, compliance, and AML matters.
• Foster a culture of compliance and risk awareness throughout the organisation

Candidate Profile

Essential:

• Proven experience in a senior risk and compliance role within investment management or financial services.
• Approved to hold, or demonstrable eligibility for, SMF4, SMF16, and SMF17 under the FCA’s SM&CR
• In-depth knowledge of FCA regulations, risk management frameworks, and AML requirements.
• Strong leadership, communication, and stakeholder management skills
• Analytical mindset with the ability to interpret complex regulations and implement practical solutions
• Experience in reporting to Boards and senior committees

Desirable:

• Relevant professional qualifications (e.g., ICA, CISI, or equivalent).
• Experience with regulatory engagement and managing regulatory reviews.
• Background in investment management compliance and governance.

Why Join Us?

• Opportunity to shape the risk and compliance culture of a leading investment manager.
• Work alongside a high-calibre leadership team.
• Competitive remuneration and benefits.
• Supportive, collaborative, and dynamic working environment.

Please contact me if you wanted to speak about the role [e-mail] or 0207 337 0045