Head of Compliance and MLRO

Head of Compliance and MLRO

A key role supporting the establishment of the compliance and financial crime framework for Northern LGPS as it builds its FCA authorised investment management company.

About Northern LGPS

Northern LGPS is a c£70bn pooled investment partnership for the Local Government Pension Scheme, bringing together the investments of Greater Manchester Pension Fund, Merseyside Pension Fund and West Yorkshire Pension Fund.

Building on the foundations of its collaboration over several years, Northern LGPS is now entering the next phase of its development. This phase focuses on establishing an FCA authorised investment management company with a dedicated senior leadership team; strengthening governance and creating a clear operating model to support long-term investment outcomes.

For those joining at this stage, the opportunity is exceptional. These roles offer the chance to shape strategy, set standards and build leadership capability for the long term, working closely with the partner funds, who are both shareholders and clients, Boards and regulators to ensure Northern LGPS continues to evolve as a well-governed, resilient investment organisation.

The role

• Support the design and implementation of the compliance framework for Northern LGPS
• Oversee regulatory compliance across the organisation, ensuring adherence to FCA requirements and internal policies
• Develop and maintain the firm’s compliance monitoring programme
• Act as Money Laundering Reporting Officer and lead the organisation’s financial crime framework
• Provide advice and guidance to the executive team on regulatory obligations
• Support engagement with the FCA and other regulatory bodies
• Embed a culture of strong compliance and ethical conduct across the organisation
• Carry out the SMF16 (Compliance Oversight) and SMF17 (Money Laundering Reporting Officer) roles for a c£70bn AIFM with MiFID permissions

About you

Given the importance of establishing the control framework early in the organisation’s development, we are particularly interested in candidates who are able to start immediately or at short notice. Applications are welcomed on either a permanent or contract basis.

• Experienced compliance professional with a background in asset management, pensions or regulated financial services
• Strong knowledge of FCA regulatory frameworks and financial crime requirements
• Experience operating in regulated environments and interacting with regulators
• Pragmatic and proportionate approach to compliance and governance
• Motivated by the opportunity to help establish a new organisation

How to apply

To apply, please submit your application via LinkedIn.

If you would like an initial, confidential discussion about the role or the wider Northern LGPS project, please contact Paul Battye, Chief Executive and Lead Partner, on 0161 402 0160.