Job Description
Compliance Associate
Alternative Asset Management firm
London (4 days in office, 1 day WFH)
£55K-£80K (depending on level of experience)
The Role
* Support the maintenance and operation of the Firm’s compliance framework in line with the FCA requirements (including MiFID II, AIFMD, and FCA Handbook rules).
* Assist with advising the business on regulatory obligations, policies and procedures, escalating issues where appropriate.
* Undertake regulatory horizon scanning, producing written and verbal updates on relevant regulatory and enforcement actions, with an assessment of their impact on the Firm.
* Support, implementation and execution of the annual Compliance Monitoring Programme.
* Conduct compliance monitoring reviews, document findings and track remedial actions.
* Assist with the ongoing monitoring of financial promotions & marketing, conflicts of interest, personal account dealing, gifts and hospitality, best execution and inducements, PEP lists, outsourcing and third-party arrangements.
* Policies, Procedures & Training
* Draft, review, and update compliance policies and manuals as required, manage the annual review of the Firm’s compliance policies.
* Support the delivery and co-ordination of compliance training for staff, including induction training and the completion and collation of annual Employee Certification Forms.
* Maintain and record compliance records and attestations.
* Prepare annual compliance reports (SYSC, MLRO etc)
Requirements
* Degree or equivalent
* Professional compliance or regulatory qualifications (or progress toward them) (desirable).
* Previous experience in a compliance role, 3-6yrs minimum years within a UK financial services firm, ideally an investment manager.
* Strong understanding of UK regulatory framework, particularly MiFID II and AIFMD, FCA regulations and compliance frameworks.