HEAD OF COMPLIANCE-Asset Management

Job Title: HEAD OF COMPLIANCE-Asset Management

Reference: AJB JB AM 58

Location: LONDON

Assignment Profile:
Our client is a highly regarded Asset Management Company based in the city of London, with several tens of £Billion under management

They are seeking to employ a Head of Compliance for the UK. You will report to the Global Head of Compliance

 

 

The Main Purpose of the Role

 

Manage a team with the responsibility and oversight for all aspects of compliance related to the operations of an FSA licensed investment management business.

Interpret and ensure business meets all applicable requirements of FSA Rules and Regulations as contained in the FSA Handbook and other applicable domestic or international regulations.

Manage and maintain the various entities relationship with the FSA and ensure completion of any regulatory reports, submissions, filings etc. as required

Monitor regulatory developments applicable to the business and ensure that appropriate impact assessment, gap analysis and implementation steps are carried out in a timely manner

Ensure the ongoing conduct of appropriate monitoring, sample testing and reviews across business for the purpose of identifying and correcting any issues or deficiencies

Oversee the maintenance and ensure the ongoing effectiveness and implementation of all compliance policies and procedures across business

Ensure the company’s entities meet the compliance standards, requirements and expectations of the Group

Oversee the operation and effectiveness of the monitoring activities over third parties who perform various functions for the UK entities, within or outside the Group.

Participate as a member including presentation of reports as required to the Executive Committee, Board of Directors (attendee), Local Control Committee, Pricing Committee, Incident Committee, Data Security Committee, Product Review Committee

Completion of reporting requirements supporting the governance of the UK entities including; Board reports, LCC reports,

Regular and ad hoc reporting to Global Head of Compliance as required including Breach reports and Audit Committee reports

Participate in projects to provide compliance analysis and review of new business initiatives and developments

Oversee and ensure the ongoing maintenance, enhancement, development and operation of compliance training programs and activities for the UK entities so that they remain current and that UK employees have appropriate compliance knowledge and awareness

Responsible to undertake all aspects of team personnel management including; directing responsibilities, setting appropriate objectives, providing support and feedback and conducting appraisals.

Support the development and finalisation of the annual ICAAP.

Candidate Profile:
Minimum of 10 years experience in compliance largely gained in a UK investment management environment with exposure and familiarity in managing related retail and institutional compliance issues

Strong knowledge of UK FSA Handbook as applicable to an Investment Management business servicing both institutional and retail clients as well as other relevant UK regulations

Good experience in supervision and management of staff

Good written and verbal communication and presentation skills

Experience working in U.K. office for multinational companies a plus but not essential

Applicable tertiary and/or post tertiary qualifications desirable

Consultant: Jonathan Banjo

Consultant Email: jbanjo@ajbexecutivesearch.co.uk

Salary: Circa £100-120,000 Plus Benefits

If you feel you are a suitable candidate for this position please contact Jonathan Banjo.