Investment Compliance Manager
A wonderful and diverse new role with a leading global fund manager
You will take take responsibility for establishing and subsequently maintaining the compliance, oversight and escalation framework that will underpin all investment supplier relationships, including the implementation of the risk based compliance monitoring programme covering all discretionary fund managers and custodians responsible for managing assets. This will include actions arising from the framework to ensure we have the necessary controls in place and lead the development / implementation of any remedial actions arising from control weaknesses / failures.
Governance / Oversight Framework
Working with the Investment Governance Manager (Unit Linked Funds), the investment suppliers and other client teams, lead the implementation of the annual risk based compliance monitoring programme which enables firm to oversee its discretionary investment managers and custodians through a series of desk reviews and on-site supplier visits in order to gain comfort around the processes, systems and controls in use within each of he supplier companies which include:
Compliance and Oversight
Lead the planning for and subsequent implementation of the annual monitoring programme
Take responsibility to ensure that documentation is obtained and prepared as evidence of the controls applied by each of the investment suppliers
Identify any control weaknesses or shortfalls with the suppliers and agree and implement remedial action plans
Working with each of the key investment suppliers, lead the development and maintenance of a “Risk and Controls” dashboard along with appropriate KPI reporting (e.g. of compliance breaches)
Review Dashboards / KPI reports; take personal responsibility for escalating issues to the Investment Governance Managers as necessary
Actively manage breach logs and, working with the relevant investment supplier, take the lead in ensuring that the causes of breaches are fully understood and that appropriate and timely remedial actions have been identified and implemented.
Take responsibility for escalating all compliance/oversight issues to the Governance Managers and, if appropriate, members of Senior Management.
Internal/External Audit and Group Compliance
Be the primary interface within Group Investments with internal and external auditors and with Group Compliance
Drive forward actions across Group Investments in response to issues raised by internal/external auditors and Group Compliance
Operational Risk Management
Maintain a current knowledge of the operational risks within Group Investments and take the lead to ensure that best practice is implemented across the team’s activities
Support the Investment Governance Managers in the identification, management and mitigation of operational risks arising both within Group Investments and through our relationships with investment suppliers.
Maintain a log of operational risks arising from investment activities; pro-actively work with individual risk owners and Risk Management to quantify the risks and to put in place risk mitigation plans.
Act as Group Investments TCF champion – identify / report on TCF issues and coordinate any remedial actions needed
Take responsibility for the preparation and submission of documentation of any formal risk escalations and for the subsequent tracking and reporting of progress against agreed actions
Please contact Fergus Hooley
Leave a Reply
You must be logged in to post a comment.