Senior Compliance Officer, Funds & Alternatives

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Senior Compliance Officer, Funds & Alternatives, London

Client:

Location: London, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views: 8

Posted: 18.04.2025

Expiry Date: 02.06.2025

Job Description:

Company Description

AlTi Tiedemann Global (“AlTi”) is a NASDAQ listed global wealth and alternatives manager, in the business of turning powerful ideas into high-performing strategies and solutions. The firm currently manages or advises on approximately $77 billion in combined assets and has an expansive network of c. 400 professionals across three continents.

Whether our clients are individuals or institutions, foundations or family-led businesses, we offer a connected ecosystem of advice, solutions and innovative investment opportunities from across our global network.

We are passionate about finding better ways to serve our clients. We approach problems with open-mindedness and a restless entrepreneurial spirit to deliver more for clients.

Our culture is rooted in curiosity. We support the unique qualities of each team member and the entrepreneurial spirit shared by all of us. We come from different backgrounds and offer different perspectives. We believe these differences make us better suited for a fast-changing world.

As a growing global firm with offices in 20 major financial centers, we are looking for talented individuals to expand our team. If you share our passion for ideas and commitment to excellence, we want you to join us.

To learn more visit alti-global.com.

Job Summary

We are seeking an experienced Senior Compliance Officer to join our investment management team, supporting compliance activities across our fund structures and ensuring full adherence to regulatory requirements. Reporting directly to AlTi’s International Chief Compliance Officer, this role is pivotal in maintaining and enhancing the compliance framework for our investment and fund management activities, including ICAVs, Lux ELTIFs, and other cross-border vehicles.

The Senior Compliance Officer will play a critical role in developing governance structures, particularly for external distribution agreements, while ensuring compliance with AIFMD, UCITS, MiFID, the Cross Border Distribution Directive (CBDD) and other relevant frameworks. This position will support AlTi’s broader vision of delivering excellence in fund management by fostering a robust compliance culture, aligning with global regulatory standards, and addressing the evolving requirements of a diverse investor base.

This role provides an opportunity to contribute to AlTi’s reputation for excellence, enabling access to high-quality investment solutions while upholding the integrity of our operations. The successful candidate will collaborate closely with internal teams, external stakeholders and regulatory bodies to ensure that all activities meet the highest levels of transparency, accountability, and compliance.

The successful candidate will also be the SMF 16 and SMF 17 for a new investment management subsidiary currently going through FCA authorisation.

Key Responsibilities:

1. Regulatory Framework Development and Oversight
   • Design and implement comprehensive compliance frameworks for fund management and investment activities, ensuring alignment with AIFMD, UCITS, MiFID, CBDD and other regulations.
   • Support the legal drafting of inter-company and third-party distribution agreements, as well as the appointment of local agents and the setting up of feeder funds.
   • Establish governance and monitoring systems for external distribution agreements, ensuring alignment with marketing and cross-border regulatory requirements (both EU and non-EU).
   • Oversee investment management (manufacturing) and distribution compliance for existing fund structures, including ICAVs and other cross-border vehicles (e.g., Lux ELTIFs).
   • Conduct due diligence and ongoing monitoring of delegated functions and other service providers.
2. Policy Development and Implementation
   • Develop, review, and maintain compliance policies and procedures to reflect evolving regulatory requirements.
   • Ensure policies governing external distribution agreements meet applicable regulatory standards and best practices.
3. Compliance Monitoring and Risk Management
   • Develop and implement a Fund Compliance Oversight Programme, including monitoring plans for manufacturing, distribution and other fund-related activities.
   • Conduct risk assessments, identify compliance risks, and recommend effective controls and mitigation strategies.
4. Training and Reporting
   • Deliver training programs to staff and relevant stakeholders to foster a strong compliance culture.
   • Prepare regulatory filings, board reports, and management information, ensuring transparency and compliance.
5. Regulatory Engagement and Stakeholder Collaboration
   • Act as a liaison with regulatory authorities, including being the main point of contact for the FCA, ensuring timely reporting and open communication.
   • Collaborate with internal teams, including investment management, legal, and operations, to align compliance efforts with business objectives.

Qualifications

• Minimum of 7 years in a compliance role within asset management, fund management, or a related field.
• Expertise in manufacturing and distribution under AIFMD, UCITS, MiFID, CBDD, including interpretation of passporting, marketing, reverse solicitation and appointment of local agent rules for alternative and traditional fund structures.
• Expertise in cross-border fund structures is essential, knowledge of Irish ICAVs and Lux ELTIFs desirable.
• Bachelor’s degree. Professional certifications such as CISI Level 6, ICA, or equivalent are advantageous.
• Strong analytical and problem-solving capabilities.
• Excellent verbal and written communication skills.
• Proficiency in compliance tools and systems.
• Demonstrated ability to manage cross-functional teams and collaborate with internal and external stakeholders.

Additional Requirements:

• Experience in designing governance frameworks for distribution agreements and monitoring cross-border marketing activities.
• Strong understanding of funds of private debt, private equity, hedge funds, other applicable alternative investment strategies, and traditional fund structures.
• Proven ability to navigate complex regulatory environments and ensure adherence to global standards.