Compliance Manager (Exclusive) recruitment
You will hold overall responsibility for the firm’s compliance function in London and be registered as CF10 11, involving reviewing the firm’s London business, managing compliance and reporting to the Global Head of Compliance Risk on the following areas:
• Applicability of all areas of the FSA handbook to the firm and its activities including senior management arrangements, conduct of business, training competence, money laundering and market abuse
• Development and maintenance of the compliance monitoring programme including the underlying risk assessment framework
• Adherence to requirements for UCITS / non-UCITS products managed by the firm, as well as oversight of related investment restrictions
• Adequacy of documentation and procedures within the firm in accordance with FSA expectations and market practice
• Overseas trade disclosure obligations
• Cross border marketing
• Liaison with the firm’s global business operations to ensure that any overseas requirements are adhered to and obligations arising from overseas registrations are complied with
• Anti money laundering requirements
• Maintenance and circulation of reports and notifications to regulators as required
• Maintenance of compliance records as required by the regulator and in line with market practice
• Update all compliance procedures to ensure that local and global developments / requirements are adhered to
• Provide staff training where required
• Liaison with external advisors (legal and compliance consultants) especially around times of periodic review, ensuring all recommendations are considered and, where necessary, promptly implemented
• You will be responsible for maintaining and updating:
o Compliance manuals
o Compliance monitoring programme and supporting risk assessment
o Gifts and entertainment register
o PA Dealing register
o Trade errors / breaches
o Financial promotions register (in conjunction with Investor Relations
o Training Competence records
o Approved persons records
o Adequate recording of senior management arrangements and Systems Controls (including apportionment records)
Key Skills / Experience
• Circa 5 – 8 years relevant compliance experience gained in a fund or asset manager
• Will consider current/recent holders of the 10 11 or those candidates ready to take the next step up
• Have proven experience of, or be comfortable in a standalone compliance role
• Proactively own all UK and European compliance obligations
• Provide clear and concise advice to the business with a focus on delivering effective solutions
• Proactively support the business and work to facilitate business ideas whilst remaining aware of control responsibilities
• Demonstrate strong relationship skills and the ability to interact effectively with the business
• Take responsibility for implementing new and / or changing regulation within the firm
• Ability to provide high quality briefings to the business
• Familiarity with commonly used systems (Word, Excel, etc); knowledge of Blackrock Aladdin, Bloomberg is advantageous
Exposure to fixed income products, both cash and derivatives
Candidates should be:
• Take a modern approach to risk and compliance
• Committed to modern / better risk evolution work
• Self-starter
• Keen to step into a business and make the role their own
• Prepared to “roll your sleeves up” and undertake all compliance tasks
• Have the mind set of not only coming up with solutions but seeing them through to the close
This is a priority hire for the firm and first round interviews can be arranged at relatively short notice.
Please contact me on 0203 141 9635 or giles.remmington@theimsgroup.co.uk