UCITS & Mutual Funds Compliance Manager - eFinancialCareers

ZipRecruiter; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A compliance services provider is seeking a UCITS and Mutual Fund specialist to oversee compliance activities within the team. The ideal candidate will have strong regulatory knowledge, including COLL and MiFID II, and a minimum of 4-5 years' experience in compliance roles. Key responsibilities include managing software, conducting training, and ensuring adherence to regulations. Competitive compensation and possible career growth are offered.

Qualifications

• 4-5 years’ experience in compliance and risk monitoring.
• Experience with UCITS funds (OEIC, SICAV) is preferred.
• Ability to conduct compliance training.

Responsibilities

• Oversee compliance activities for UCITS and mutual funds.
• Manage software and daily trade monitoring.
• Conduct due diligence on third-party providers.

Skills

Strong knowledge of COLL

Understanding of MiFID II

Knowledge of Market Abuse legislation

Liquidity monitoring skills

Ability to work independently

Attention to detail

Interpersonal skills

Education

Undergraduate degree in law

Post-graduate qualification or professional diploma

Tools

Excel

Job description

Job Description

The UCITS and Mutual Fund specialist would sit in the compliance team and oversee the activities of the team with respect to

1. Managing Software
2. Daily trade, best execution and liquidity monitoring
3. Dedicated compliance monitoring programme – COLL, UCITS, MIFID II, MAR, COBS, SYSC, regulatory requirements
4. Breach monitoring, maintaining breaches records and reporting to ACD/other relevant parties
5. Liaise with ACD and Investment Advisors on compliance matters
6. Review financial promotions
7. Produce OEIC, SICAV and Mutual Fund specific risk and compliance reports including agreeing mitigating controls and escalating other risks
8. Work with Head of Risk to consider current and emerging high risk and high-profile activities.
9. Conduct due diligence on ACD and other third-party providers of the OEICs e.g. brokers, depository.
10. Working with the team to design, implement and periodic review of policies and procedures.
11. Work with wider team to advise on and implement regulatory change.
12. Conduct Training

They would also be able to assist the compliance team on other matters of compliance and risk monitoring and policy building.

The individual would work very closely with the wider compliance team to ensure independence from the team for appropriate oversight and they would be managed by the Head of Compliance

Competencies

• Strong knowledge and understanding of COLL, MiFID II and other relevant sections of the FCA Handbook
• Demonstrable knowledge of Market Abuse legislation and procedures, including gatekeeping
• Knowledge and understanding of the financial promotions rules;
• Knowledge and understanding of liquidity monitoring and liquidity risk management
• Good product knowledge;
• Knowledge of ESG reporting including drafting of SFDR disclosures preferable
• Strategic thinker to identify compliance risks relevant to the business and prioritise work effectively;
• Organized, analytical and prepared to constructively challenge status quo;
• Able to work independently and within a team
• Strong attention to detail and fast learner
• Interpersonal skills to work with various teams and external parties is vital
• Interest in using technology to find solutions to maintain compliance records, excel modelling preferable

Qualifications and Experience

Strong academic background, law undergraduate degree preferable but not necessary, ideally including a post-graduate qualification or professional diploma, 4-5 years’ experience

Working with UCITS funds (OEIC, SICAV) at an MiFID investment manager or CPMI that also manages UCITS funds.

If you have this experience and are interested please call Fergus Hooley in confidence