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Assistant Compliance Manager / Compliance Manager

Information About This Job

Job Title: Assistant Compliance Manager / Compliance Manager
Contract Type: Permanent
Location: London
Industry:
Contact Name: Mark Foy
Contact Email: mfoy@lawsonchase.com
Job Published: 5 months ago

Job Description

Our client, a global independent asset management firm in London, is seeking to appoint an Assistant Compliance Manager / Compliance Manager.

 

About The Role

An opportunity has arisen within this global asset management house for an experienced investment guideline specialist to join the Investment Guideline Team as a coding resource. This is a highly visible role within the firm and offers the successful candidate excellent breadth of experience with a dynamic environment.

The jobholder must possess a high degree of credibility and should be someone who is keen to work with a team in a high paced environment. The role will offer the successful candidate the opportunity to make suggested enhancements to existing processes and platform.

 

Key Responsibilities

The objective of the Investment Guideline team is as follows:

  • Oversight and support to all fund management desks and the central dealing function in respect of investment guideline related matters.

  • Investment guideline monitoring of pre and post trade alerts.

  • Coding logic based investment guideline rules on Charles River for automated testing.

  • Working with client services teams to prepare for account on-boarding and closing.

  • Work with Operations to address any data challenges impacting rules.

  • Maintenance of the Embargoed Securities List.

  • Preparation of reporting documentation for review by senior management.

  • Represent compliance interests in business projects and working groups.

  • Provide advice and guidance to the business on regulated fund and segregated mandate guidelines.

 

Key Relationships

  • Head of Investment Compliance

  • Fund managers

  • Transitions team

  • Dealers

  • Head of Operations

  • Heads of Internal Audit and Operational Risk

  • External Auditors

 

Skills & Experience

  • Coding logic based investment guideline rules on Charles River for automated testing

  • Charles River experience is preferred however not essential. Candidates with other system experience such as Sentinel, ThinkFolio, MIG, Aladdin or TRAC will be considered.

  • Technical expertise in the key regulatory issues and rule areas impacting HGI investment management, including but not limited to UCITS, AIFMD, 40 Act rules.

  • Significant experience of guideline management compliance, including significant experience with fund management and dealing functions. Ideally with some relevant experience of hedge funds, derivatives and commodities.

  • The IMC or IAQ qualification is desirable although not essential

 

Key Competencies

  • Working with client services teams to prepare for account on-boarding and closing

  • Interpretation of restrictions set out in fund / account documentation

  • Reviewing new and existing rules to ensure compliance with account mandates

  • Interacting with Portfolio Managers on guideline related matters, particularly in respect of rule set-up queries

  • Work with Operations to address any data challenges impacting rules

  • Ensuring timely and accurate completion of assigned workload

  • Pre and post functional testing

  • Representing Investment Compliance on key business projects e.g. Security Set-up, Account migration

  • The ability to work in multiple teams and leverage internal and external networks.

  • The ability to communicate clearly and with confidence (verbally and in writing) with team members and key business representatives i.e. fund managers, dealers etc.

  • Ensuring complex regulation and its impact are communicated effectively ensuring practical and efficient advice if provided. 

  • Ideally experience across a range of product and instrument types including UCITS.

  • Good planning, organizational and prioritisation skills are essential.

  • Ability to work effectively under pressure and meet tight deadlines.

 

Ongoing competence in the role to be assessed by:

  • Annual Performance Appraisal

  • Completion of all assigned Compliance training

 

Compliance Requirements

At a minimum the role requires the individual to:

  • Place the interest of clients first and always act in accordance with TCF (Treating Customers Fairly) principles

  • Understand and comply with any federal, state, and foreign laws and regulations applicable for the role, and seeking the guidance of Compliance if this is unclear at any time

  • Understand and comply with all relevant policies applicable for the role, and seeking the guidance of the relevant policy owner if this is unclear at any time.

Ref: | Published: 23 Mar 2018