Compliance Policy Implementation Manager

£60,000 - 75,000

5-7 years experience

The Company
This well established investment management group with an absolute return philosophy and manages nearly £20bn of assets for an array of loyal private clients, charities and pension funds. In the last 7 years they have expanded rapidly and have circa 250 employees with offices in the UK and the Far East. They have an open and collegiate team culture with a strong partnership approach and cultivating long term employment and progressive career progression.

The Role

The position will be assisting the Compliance Officer and the company to keep abreast of policy developments, ensuring the company's policies are kept up to date and aligned, implementing regulatory policy change where necessary and advising the business on compliance policy.

  1. Ensure policies and procedures are established, implemented and maintained, to ensure compliance with the company's regulatory obligations

  • Ensuring the Compliance Manual remains in line with rules applicable to the company and industry expectations
  • Maintain compliance procedures (eg financial promotions)
  • Provide compliance advice and guidance to the business on internal policies and procedures, and interpretation of internal regulatory obligations
  1. Implementing regulatory changes
    • Working closely with the Policy Development team [who are responsible for identifying regulatory change impacts (including gap analysis), what the changes mean and how we ready ourselves for the impact] and consider how the regulatory changes can be incorporated into the business. Regulatory changes could be rule changes, as well as changes in FCA interpretations/expectations or best practice findings.
    • Ensure that regulatory changes are implemented into the business, with the appropriate level of collaboration with the business.
  2. Liaising and working closely with the Compliance Monitoring team to ensure that they are aware of changes to policies and procedures, so they can make the relevant changes to their monitoring program
  3. Leading on other compliance related activities
    • Financial promotion sign-off
    • Approved persons applications
    • Conflicts of interest management co-ordination
    • Compliance related funds work eg Report & Accounts review, due diligence visits, KIID reviews
  4. Supporting the business
    • Assisting with the development and delivery of compliance training
    • Involvement in business projects where Compliance input/representation is required
    • Supporting other business areas to develop and maintain systems, procedures and controls to ensure ongoing compliance
  5. Day to day management of staff within your team including recruitment, training, appraisals, salary review etc

Anything else that may be reasonably requested and needed by the firm to fulfil its compliance obligations

Who they are looking for

To be considered for this role you need to have significant Compliance policy experience in respect of FCA rules, preferably within an investment management firm or the asset management industry, and have a good working knowledge of the FCA rules (including COBS, COLL, FUND, SYSC, CASS). Familiarity with EU regulations relating to this type of business (especially MiFID, UCITS, CRD and AIFM) preferable.

Qualifications and Experience
The individual is expected to display evidence of some relevant industry experience

  • experienced in regulatory compliance, with significant experience of interpretation of FCA rules and policy formation
  • understanding of relevant FCA regulations and how they apply in practice, with the ability to think practically and pragmatically, resulting in identifying potential solutions
  • desirable but not essential: university degree and professional exams (eg IMC, CISI Diploma)

Skills and Capabilities
The individual is expected to demonstrate the following, working with clients and colleagues:

  • people management experience. Experience training team members ideal, but, as a minimum, interested in and want to manage and train others
  • self-starter, ability to work under own initiative, and enjoy and work well as part of a team
  • good influencing, facilitation and collaboration skills
  • commercial pragmatism - ability to take regulation, really test it and understand it in the context of a commercial setting
  • excellent verbal and written communication skills, including report writing experience
  • exercise judgement and clarity of thought
  • high attention to detail, with propensity to learn through valid questioning and analysis
  • ability to work under pressure and get the best out of colleagues
  • enjoy and able to work in an open plan environment
  • proficient understanding of core IT systems, e.g. Microsoft Excel, Word, & Outlook

Values and Behaviours

The individual is expected to demonstrate the following, working with our clients and colleagues:

  • passion for Compliance - doing the right thing, client prioritisation
  • appreciation of, and alignment to the companystandards and values
  • ethical - knowing (and demonstrating through day to day role) what is right, fair, honest and relevant to clients
  • humble and respectful of, and empathy towards others
  • self-motivation, bright, curious and propensity for continuous development and improvement