Head of Compliance

Recruit UK
02 Feb 2017
02 Mar 2017
Contract Type
Full Time

Our client is a boutique asset manager with approximately $6.2bn assets being managed from their office in London.

They are looking for a head of compliance. The role will be to provide regulatory, technical advice and expertise on all compliance issues relating to asset management.

You will be expected to identify existing and emerging regulatory and compliance risks and ensure they are appropriately managed. You will also be responsible for providing compliance advice and day-to-day compliance oversight to the business.

As CF10 you will quickly need to build an understanding of the key compliance risks relating to The firm and work closely with the Central Compliance and Compliance Monitoring functions to co-ordinate and align responsibilities in order to provide an effective compliance service to the Asset Management business.
Success in this role will be measured through your ability to ensure that regulatory requirements are clearly defined and implemented throughout group, in a manner that is proportionate and cost-effective, that new regulatory compliance requirements are implemented when due, that regulatory risk to the firm is minimised through maintenance of robust systems and controls; minimising the likelihood of material FCA rule breaches occurring; and that we receive satisfactory outcomes of any reviews initiated by the FCA.

The size of the firm provides for an interesting and varied role which requires a hands-on approach and interaction with the wider group.
You will report to the CEO of the wider group and be directly responsible for managing the Compliance Team (currently 1 other member).

The skills required to be successful in this role are as follows;

  • Extensive financial services industry experience, preferably within Asset Management
  • Degree level (preferred)
  • Professional Compliance/Regulatory Qualification (or related Industry Qualification e.g. Post Graduate Diploma/Diploma in Compliance or Investment Management Certificate/Chartered Financial Analyst)
  • Extensive experience in a senior level Compliance role (in-house or consultancy).
  • Proven record of working in accordance with all regulatory, compliance and conduct risk policies.
  • Proven experience of contributing to strategy and operational plans in a regulated environment.
  • Direct experience of dealing with the FCA
  • Mentoring/coaching staff
  • Proven understanding of the regulatory environment, particularly FCA systems & controls and conduct of business regulation (especially suitability).
  • Strong appreciation of Compliance and Conduct Risk and how these are embedded within a business.
  • Highly Ethical and principled, analytical and diligent.
  • Self-motivated, well organised and proactive.
  • Good communication skills.

If this sound like something that might be of interest to you and you would like to look into it further then please call Louise Sheppard at Recruit UK on 01179-450- 450 or for more details on other roles please head to our website.