Chief Compliance Officer - Global Investments

Chief Compliance Officer SM16/17

My client is a London-based investment manager

This role will lead the compliance department globally, providing core compliance advice and oversight to the business.

You will be required to build on current compliance policies and procedures, ensuring compliance with regulatory standards across the business.

A strong grasp of the compliance requirements for the UK, Channel Islands and Luxembourg will be essential and a grasp on the broader mainland European, Asia and US markets would be an advantage.

As this is a Head of Department role, compliance expertise gained within a directly regulated institution is necessary.

Key Requirements

• Proven compliance leadership experience in an FCA regulated environment
• Senior level professional compliance qualification (e.g. CISI Level 6)
• Strong understanding of the 'Three Lines of Defence' model
• Strong people and change management skills
• Strong communication skills and the ability to deliver messages to all levels of the business including senior management and external audiences
• In-depth and practical working knowledge of the FCA Handbook
• Knowledge of applicable laws and regulations including GDPR, Money Laundering, Fraud, SMCR and Payment Services
• Knowledge of financial promotions
• Experience in / knowledge of compliance monitoring
• Must be eligible to hold the Senior Management Functions 16 and 17 – preference for candidate who has held either or both functions previously, though first time SMFs would be considered
• Maintain appropriate professional body membership as required by regulators, including any mandated professional refresher courses and satisfactory completion of CPD hours

Key Responsibilities

• Work freely and independently across the business to deliver a world class Compliance function
• Lead on compliance and regulatory matters as the company expands internationally
• Second Line of Defence Lead on all regulatory, compliance and risk projects
• Delivery of professional advice to senior management on key regulatory compliance and risk-related matters with the ability to conclude on the level of compliance with regulatory matters as part of oversight activities
• Collaborate with and guide the board / Risk Committee to set a clear risk appetite. Lead the compliance team and collaborate with the legal team to embed the risk management framework across the business, and then monitor and report on risk
• Work with the business to ensure that company establishes and maintains appropriate policies, procedures, systems and controls in respect of AML and financial crime
• Policy owner for all risk and compliance related policies with accountability for risk and compliance policy implementation across the business
• Maintain regulatory registers including but not limited to Conflicts, Complaints and PAD, for any appropriate entity within the group as well as at firm level if required
• Manage the Customer Due Diligence (CDD), Know Your Customer (KYC) and Know Your Business (KYB) is in line with local regulatory requirements and firm’s risk appetite
• Engagement with senior management through presentation of advice and reporting to Senior Management Committees including ExCo
• Provide challenge and oversight to firm’s administrators across jurisdictions. Perform regular audits of administrators Customer Due Diligence (CDD), Know Your Customer (KYC) and Know Your Business (KYB) is in line with local regulatory requirements and firm’s risk appetite
• Work closely with Nominated Officers in fund jurisdictions including the Middle East, Guernsey and Luxembourg, provide commercial assistance at firm level with regulatory projects or blockers
• Assess company regulatory exposure and work closely with the business to enable it to ensure compliance
• Manage submissions to the FCA on all areas of regulatory compliance, including management of regulatory reporting requirements
• Lead and manage relationships with Financial Services regulators in the UK and beyond
• Manage the relationship with the firm’s Principal Firm under the UK Appointed Representative Regime, and lead the transition from Appointed Representative to directly authorised firm in the UK
• Lead implementation of the Senior Management & Certification regime including responsibility for T&C and regulatory-mandated operational requirements

Please note that the successful candidate will be required to be in the office for five days per week

Please apply online without delay