Downing is dedicated to delivering investments that matter – for our economy, our health, our society, our local communities and our environment. As a certified B Corp, we take our responsibilities, to our investors, our stakeholders and society, seriously. We invest for return while always considering our impact on the world.
About the Downing Risk and Compliance team
Our Downing Risk and Compliance team is made up of five people. They operate in a flat, fast paced team focused on delivering positive outcomes for investors and managing regulatory risk throughout the business. The team oversees the day-to-day regulatory responsibilities of the firm, which is an FCA regulated MIFID entity. The team engages with all aspects of the business, supporting our customer services team, marketing, product, administration and investment management.
About the role
Downing’s Risk and Compliance team is known for its collaborative approach, working closely with investment and operations teams. The team fosters a culture of integrity, encouraging open communication and empowered decision-making.
With support from the team, your day-to-day responsibilities will include:
* Maintenance of business timetable and regulatory deadline monitoring
* Circulation and logging of relevant publications and action monitoring arising from this
* Complaints support and escalation
* Financial Crime oversight support including using sanctions screening system
* Owning the review, recording and approval of day-to-day compliance requests such as: PA Dealing, Gifts and Benefits, Outside business interests
* Carrying out BAU compliance monitoring reviews on a quarterly basis according to risk-based Compliance Monitoring Plan
* Preparation of compliance returns and reports
* The review and update of Compliance Policies and Procedures
* Preparation of regulatory applications and returns to the FCA using FCA Connect and Regdata
* Preparation and delivery of compliance training sessions and modules
* Preparation of board reporting and internal management information to support working committees
* Cultivate relationships with all relevant internal and external parties (such as custodians and various fund boards and committees), to ensure a culture of continuous improvement
* Collaborate with first line teams to promote a strong risk culture, effective training approach and delivery of continuous improvement
Education, experience, and skills
The ideal candidate will have:
* Prior relevant experience within a compliance or risk-related role within a UK regulated firm, preferably within Fund Management or similar
* A good understanding of FCA regulatory framework and UK facing legislation
* Good knowledge of enterprise risk management principles and tools (e.g. risk appetite, risk assessments, key risk indicators and controls)
* The ability to remain calm and composed whilst working under pressure
* Excellent communication skills, both verbally and in writing
* Strong attention to detail
* The confidence to build and maintain professional relationships with a range of stakeholders