Head of Institutional Compliance – Asset Management

The Head of Institutional Compliance – Asset Management position will hold the SMF 16/17 position

In the role, responsibilities will include keeping up to date knowledge of regulatory developments at UK/EU level with particular focus on FCA, FOS and FSCS developments as well as overseeing in reviewing and tracking relevant FCA consultations and other policy documents.

Job responsibilities

• Develop, implement and maintain robust compliance framework, policies, and procedures in accordance with relevant regulatory requirements, industry best practices, internal guideline
• Providing regulatory advice and guidance to all parts of the division including the board/ senior management
• Manage a small team, provide coaching and mentorship to junior team members.
• Ensuring effective implementation of anti-money laundering and counter-terrorism financing (AML/CTF) measures.
• Oversee regular risk assessments, compliance reviews, and audits to identify and address any compliance gaps or weaknesses.
• Stay up-to-date with regulatory developments, industry trends, and emerging risks to ensure timely implementation of necessary changes and enhancements to the compliance program.
• Develop, review, and maintain Compliance policies, procedures and information to the business, covering all core regulatory and legislative requirements.
• Providing advice and guidance to Group Compliance to assist them in embedding appropriate training and development to maintain ongoing competence in all areas.
• Feed into the Group thematic monitoring plan.
• Review and approve marketing material and presentations and assist
• Work in partnership with senior stakeholders across the pillar and wider business to implement and embed an appropriate culture that promotes an understanding and knowledge of regulation.
• Oversee regulatory returns submissions to all relevant authorities with particular emphasis on FCA returns.
• Contact point for compliance related queries
• Assist in the Compliance due diligence process
• Monitoring, recording, and dealing with complaints against the regulated firm(s).
• Drafting and maintaining corporate governance documents in conjunction with Group policies.
• Have a good knowledge of topical and relevant regulatory regimes such as, but not limited to, MiFID 2, Consumer Duty, UCITS, ICAV, GDPR, SMCR and Consumer Duty regulations.
• Performing and supporting work relating to one-off compliance and regulatory projects, as these arise from time-to-time.
• To carry out other duties as may reasonably be required.

Education and requirements

• At least 5 years’ experience in a similar post in compliance within the financial services wealth sector
• Demonstrated experience in developing and implementing compliance programs, policies, and procedures.
• Diploma (or equivalent) qualification in compliance, regulation and/or AML and Financial Crime
• Exceptional communication and interpersonal skills, with the ability to effectively collaborate with stakeholders at all levels.
• Strong analytical and problem-solving skills with the ability to assess complex situations and make sound decisions.
• Excellent time management skills

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