Compliance Manager (Financial Services)

People First Ltd
London, UK
26 Mar 2019
13 Mar 2019
Contract Type
Level of qualification
Your New

Job Title:
Compliance Manager (Financial Service) Your New

to £90k depending on experience Job status: Permanent

Central London Who You'll Be Working for: Our client is an investment firm, which is authorised both as a full scope Alternative Investment Fund Manager ('AIFM') for a range of UK and EU funds but also as discretionary investment manager on segregated accounts for high net worth and institutional clients. Summary: Responsibility for Group's compliance culture and behaviour, as well as for the provision of advice related to regulatory aspects across the whole business, ensuring best practice and a high level of ethics and integrity. What You'll be Doing Each Day: Working with and on behalf of the firm's CF10 and CF11, key areas of responsibilities are likely to include a number of the following tasks:
• Managing the firm's routine correspondence with the FCA including individual approved persons, GABRIEL reporting, FCA notifications and advance consent events;
• Advising the firm, senior management and investment managers on FCA requirements as appropriate to the activities involved;
• Identifying, recommending and assisting in the implementation of changes to the firm's systems, controls and procedures in response to FCA Rule changes, so far as they affect the firm;
• Performing compliance functions on behalf of a number of AIFs for the group;
• Responsible for monitoring compliance and evaluating the adequacy and effectiveness of the measurement, policies and procedures;
• Implement the compliance procedure to comply with all applicable legal and regulatory requirements for the AIFs in the group and advising the Board on any additions or changes needed;
• Reading, understanding and where appropriate, communicating the implications for the firm of FCA Consultation and Policy Statements, Notices of Disciplinary Action and other publications etc;
• Handling FCA-related compliance queries from the firm's UK senior managers and employees;
• Carrying out and recording the results of risk-based monitoring of, the firm's compliance with FCA's Rules, and ensuring that the monitoring plan remains effective;
• Ensuring that the UK Compliance Procedures Manual is kept up to date and is effective;
• Other internal communications on compliance including general compliance awareness guidance to all staff;
• Assisting to provide effective compliance and financial crime training to both new and existing staff;
• Reviewing and approving financial promotions and published recommendations prior to their issue by, or in the name of, the firm;
• Providing management information and reporting regularly to the firm's LLP Board on compliance and financial crime issues;
• Complaints and Breaches handling;
• Liaison with Group Legal, Risk and Compliance resources where required. The Skills You'll Need to Succeed:
• A degree and/or a professional qualification in either finance, compliance and/or business;
• Previous FCA compliance experience essential in either compliance in-house role or a consultancy role, ideally in the investment management sector but not mandatory;
• Holding ICA or LCOI or equivalent compliance certificate would be beneficial;
• Having experience on FCA CASS (client money sourcebook);
• Experience of compliance monitoring (creating and carrying out plans) would be beneficial;
• Flexibility, proactive nature;
• Ability to act as part of a small team but also on own initiative;
• Good technical compliance and financial crime skills;
• Interpersonal skills including dealing with senior management of the firm;
• Good communication skills, both written and verbal;
• Ability to plan and prioritise workloads;
• Ability to identify and implement compliance solutions;
• Knowledge of other regulatory regimes useful although not mandatory. We would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation. People First (Recruitment) Limited acts as an employment agency for permanent and fixed term contract recruitment and as an employment business for the supply of temporary workers. Please note that by applying for this job you accept our Terms of Use and Privacy Policy which can be found on our website