Connecting to LinkedIn...

Compliance Monitoring Specialist

Information About This Job

Job Title: Compliance Monitoring Specialist
Contract Type: Permanent
Location: London
Contact Name: Mark Foy
Contact Email:
Job Published: 9 months ago

Job Description

A globally-know asset management firm is looking to hire a Compliance Monitoring Specialist to join their Investment Guidelines Team. This is a highly visible role within the firm and offers the successful candidate substantial breadth of experience within a dynamic environment.


The Role

The Compliance team in the UK encompasses approximately 30 employees who oversee all business activities in the UK, Europe, Latin America, Middle East and Africa.

The mission of the Compliance Department is to promote and encourage adherence to the regulatory obligations and rules to which management and staff are subject.  The aim is to assist the group in developing a culture where its business is conducted within both the letter and spirit of the applicable laws and regulations in the interests of our customers and to minimise the risk of reputational damage or regulatory sanction.  In achieving these objectives we will manage relationships with our regulators, provide advice and guidance to our business partners, monitor the activities performed by the group and provide training when required.

The department is separated into distinct areas: Distribution Compliance; Investment Management Compliance, Monitoring, Core Compliance, Regulatory Developments and Financial Crime, all of which report directly to Head of Compliance.

The firm is keen to onboard a candidate with experience of UCITS investment guidelines.

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

  • Support investigation of any UCITS breaches

  • Support with training on UCITS guideline requirements

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

  • Represent compliance interests in business projects and working groups;

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

  • Investigate, prepare and generate market disclosures for threshold crossings.


Key Relationships

  • European Head of Investment Restrictions

  • Fund managers

  • Transitions team

  • Dealers

  • Client Account Managers

  • Data Management and Operations Control Teams

  • Internal Audit and Operational Risk Teams

  • External Auditors


Skills & Experience

  • The IMC or IAQ qualification is desirable although not essential.

  • Systems: Charles River experience is preferred however not essential, suitable experience within the pre/post trade monitoring space is beneficial. Candidates with other system experience such as Sentinel, ThinkFolio, MIG, Aladdin or TRAC will be considered.

  • Technical expertise: knowledge and experience of UCITS investment guidelines will be important.

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


Key Competencies

  • Teamwork: the ability to work in multiple teams and leverage internal and external networks.

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

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

  • Industry experience: significant experience of guideline management compliance, as well as threshold disclosure knowledge; including significant experience with fund management and dealing functions. Ideally with some relevant experience of hedge funds, derivatives and commodities.

  • 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.



Share This Job

Similar Jobs

Published: 3 months ago
Published: 3 months ago
New York City
Published: 3 months ago
Published: 4 months ago
Published: 4 months ago