Compliance Officer & Associate Director
Hanover Search have been retained by a very successful, award-winning discretionary investment management firm to find an outstanding Compliance Officer to lead the compliance function and become an integral part of the Management Committee.
Overview:
- Management of the Compliance department as Head of Compliance and MLRO.
- As Associate Director, acting as a senior member of the firm and a member of the Management Team assisting the board with managing the company.
- Control Functions: CF10 Compliance Oversight, CF11 Money Laundering Reporting Officer, CF29 Significant Management function for Compliance
Responsibilities:
- Ensuring all legal and regulatory responsibilities are fulfilled including all aspects of compliance procedures and initiatives.
- Proactively contributing to strategic, operational and/or tactical challenges within the firm.
- Ensuring that the custody of assets is managed with the highest level of care and attention.
- Managing and monitoring the compliance systems, procedures, controls and culture in accordance with the FSA’s principles and rules.
- Providing compliance feedback to the staff, senior management, auditors and the FSA.
- Managing the relationship with the regulator, ensuring that all regulatory reporting and notifications are completed to timescale.
- Having joint responsibility for risk identification and reporting alongside the Chief Operating Officer, assisting the board to manage and mitigate risk.
- Providing the firm with guidance and advice on compliant and best practice behaviour and escalation of issues.
- As the MLRO, ensuring that policies, procedures, controls, monitoring and reporting are implemented.
- Having oversight of the Compliance department’s training.
- Maintaining key relationships with external parties such as PI Insurers, APCIMs, specialist external compliance consultants, lawyers and our HR team.
- Working with, assisting and maintaining the Compliance relationship with the Compliance, Legal and Audit teams.
- Maintaining the Compliance Manual with regard to changes in FSA Rules and internal procedures.
As an Associate Director you will be expected to participate at a senior level on a variety of the firm’s key strategic committees, including, but not limited to:
- Investment Oversight Committee, External Complaints Committee (Chair), Operations and Risk Committee. Participation and contribution to key projects impacting upon the firm.
We are searching for a candidate who specifically has compliance experience at a HNW discretionary investment management group and who has ideally held controlled functions CF10 and CF11 in their current or recent roles.
This role would be excellent for a strong number 2 look for a step up into a more senior role or a more experienced Head of Compliance looking for a new and exciting opportunity at a fast-growing and exciting private client investment management group.
For a confidential discussion please contact Andrew Bayliss on andrew.bayliss@hanoversearch.com
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