We’re looking for a candidate to fill this position in an exciting company.
Manage and develop the team
Produce and implement the annual risk-based compliance monitoring programme, including thematic reviews based on FCA / CBI areas of focus/emerging regulatory risks and on new processes implemented as a result of regulatory change.
Undertake key areas of monitoring as required including ongoing best execution and market abuse surveillance in collaboration with US based colleagues
Ensure all regular core compliance processes are performed as required
Provide monthly and quarterly committee / board reporting as required
Produce, implement and oversee the annual risk based Compliance Monitoring Plan (CMP)
Ensure all reviews are carried out in a timely manner including on site due diligence visits.
Ensure appropriate reports are produced for each review
Provide monthly updates of progress vs plan and adapt the CMP throughout the year as required by regulatory developments / business needs
Oversee core compliance processes & monitoring including Gifts & Entertainment; Personal Account Dealing; breaches; complaints; financial promotion sign-off; FCA Gabriel returns; due diligence questionnaires and visits; outside business interests; quarterly attestations.
Liaise with the US Core Compliance team, where required, to ensure efficient processes
CASS: Attend and provide input / guidance to the Client Asset Oversight Working Group
Key service providers: ongoing monitoring of service and lead on-site visits at third-party providers
Compliance training: oversee compliance induction training for new starters and provide input into the content of the annual compliance training programme
Lead on the EU Market Abuse and Best Execution monitoring requirements
Oversee the Market Sounding and Inside Information processes
Liaise with the US Compliance Trading Practices Team on an ongoing basis
Ensure monitoring and oversight of regulatory reporting including Transaction Reporting and EMIR Reporting.
Global & EU Policies:
Work with the US Compliance Team / EU Advisory Team to review relevant global and EU policies
Work with the UK Advisory Team to ensure best practices are implemented
Leadership & Management
Build and embed a positive culture to working within Conduct Risk regulation within your business area
Train the staff in your business area to understand the Conduct Rules and how they are applicable to their role
Provide opportunities for associates to keep their technical, regulatory and personal skills and knowledge up to date
Keep technical, regulatory and personal skills and knowledge up to date, maintain records to evidence how this has been achieved
Keep up to date with applicable regulations, Compliance policies and procedures, Barings business and general industry practices.
Abide by the FCA Conduct Rules and other applicable FCA rules and regulations
Complete all mandatory compliance training within the required timescales
Complete all performance appraisals within required the timescales
10 years + of Compliance monitoring experience including the production / management of a compliance monitoring plan.
Experience of working in a global matrixed managed investment management organisation with demonstrable skills in influencing and communicating with key stakeholders within such an organisation
Team management experience
An excellent knowledge of FCA regulations (including CASS) and how they apply to an asset management business
An excellent knowledge of front office controls from a second line monitoring perspective
A good knowledge of regulatory reporting
A good knowledge of core compliance activities e.g. PA Dealing and G&H
An overall knowledge of other aspects of compliance e.g. regulatory change and anti-money laundering