COMPLIANCE AND RISK MANAGER-Asset Manager-City
Our client as an investment fund manager and also operates in the Alternative Investment Management space with over £40 billion of assets under management
The role of the Compliance and Risk Manager is to support the Chief Operating Officer to ensure that the Company is meeting its regulatory and risk management obligations.Responsibilities
Responsible for the Company’s compliance and risk monitoring activities (according to the annual plan), including execution of the compliance and risk monitoring programme
Maintain compliance and risk standards in accordance with all legal and regulatory requirements applicable to the Company and all investment funds under management
Provide compliance and risk support to the Company regarding day-to-day issues arising from outsourced relationships
Provide compliance support in relation to the impact of regulation and regulatory change on the activities of the Company
Oversee AIFMD compliance and risk monitoring and associated regulatory reporting
Define standards, processes and policies for compliance and operational risk in the Company and funds
Support the COO in the Company’s compliance and risk strategy and annual plan.
Conduct the Company’s compliance and risk monitoring activities (according to the annual plan), including execution of the compliance and risk monitoring programme.
Monitor compliance and risk with all legal and regulatory requirements applicable to the Company and all investment funds under management.
Maintain and update compliance and risk manuals and policies, and oversee the register of all Company policies and procedures.
Prepare and review FOI responses as appropriate.
Developing and co-ordinating compliance and risk training for ACS staff members
Assist in developing a compliance and risk aware culture.
Reviewing, assessing and reporting on Compliance-related metrics, complaints and breach information.
Developing good working relationships within the Company and outsourced service providers.
Attendance at key governance meetings.
Producing monthly compliance and risk reports in an appropriate way for different committees to understand the areas of concerns & impact of issues raised.
Performing compliance due diligence of Company’s outsourced service providers, and investment managers (new and current).
Ensuring that new products and company initiatives are considered in a compliant manner.
Keeping abreast of any regulatory changes or legislations that may affect the Company and its outsourced service providers.
Supporting the COO to liaise with the FCA (and any other appropriate regulating bodies).
Maintain the company’s risk register.
Review and audit the company’s investment risk controls.
Document risk profiles.
Maintain and support the company’s portfolio compliance system.
Manage exceptions to the risk and portfolio compliance systems
Act as the Company’s MLRO.
Maintain excellent relationships with the Depositary including attending service meetings
University degree or similar, ideally related to economics/finance/banking/risk management
Significant experience of working in asset management with exposure to relevant compliance and operational risk. Ideally, experience as a 'second line’ of defence risk manager
Significant experience of working and dealing with the FCA handbook and rules and regulations relating to AIFs, QIS and unregulated collective investment schemes and experience of compliance in an asset manager
Strong analytical and problem solving skills as well as the ability to adequately prioritise tasks and responsibilities
Ambition to deliver high-quality end products in an efficient manner with a focus on the essential
Structured working style, quick understanding, proactive, 'hands-on-mentality', deadline driven, high level of flexibility and excellent interpersonal skills