VP Asset Management UCITS Portfolio Compliance Advisory

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

Job summary

A leading company in asset management is seeking a Manager for International Product and Portfolio Management compliance. This role focuses on supporting governance and regulatory compliance for international asset management activities, particularly in Luxembourg and Ireland. The ideal candidate will ensure alignment with regulatory requirements and promote a culture of compliance within the organization.

Qualifications

• Experience with Luxembourg AIFMD and Ireland UCITS regulations.
• Knowledge of ESG rules and governance.

Responsibilities

• Support governance of portfolio management activities outside the US.
• Provide advice on sustainable commercial strategies.
• Maintain a regulatory library for compliance.

Skills

Governance

Regulatory Compliance

Risk Management

Education

Bachelor's Degree

Job description

Job Description

The Manager, International Product and Portfolio Management compliance role will support the international asset management activities for the businesses.

The role will:

1. Support the creation and ongoing governance of portfolio management activities outside of the US, as well as investment products, with an initial focus on Luxembourg AIFMD, Ireland UCITS, and Cayman feeders.
2. Provide advice and guidance on sustainable commercial strategies within an appropriate supervisory and governance model aligned with the bank's regulatory requirements.
3. Help provide guidance and support for product and portfolio management requirements.
4. Provide governance and subject matter expertise for:

• Luxembourg AIFMD and Ireland UCITs product regulatory rules;
• Guidance to governance teams in North America on rules applicable to Luxembourg AIFMD and Ireland UCITs;
• ESG rules including Article 8 and SFDR governance;
• Support AIFMD accountabilities as required;
• Cayman product regulatory rules, including support to the General Partner of the Fund;
• Maintenance of Product Manuals;
• Portfolio management and trading rules in UK/EU that impact processes in the US;
• Portfolio management and trading rules in Hong Kong, UK, and Singapore applicable to staff in those regions.

Additional responsibilities include:

1. Being part of a team supporting the Regulatory Compliance Management (RCM) Program, including maintaining the regulatory library, control design, control monitoring, regulatory change management, and issue resolution.
2. Maintaining a regulatory library for rules applicable to third-party investment management entities, General Partners, and Fund Boards.
3. Promoting a culture of compliance and strong risk management aligned with the asset management business’s risk appetite.
4. Maintaining strong relationships with internal partners, stakeholders, and governance team members in North America.
5. Staying informed of business trends, risks, and control issues to protect business interests.
6. Acting as a governance contact for Third-Party Management Companies as required.
7. Prioritizing and facilitating the implementation of best practices.
8. Leading remediation efforts when control gaps are identified, supporting the design of action plans.
9. Ensuring timely communication of relevant issues and fostering good relationships with internal and external partners.
10. Supporting projects and initiatives as needed.