Meraki Talent are working with a large UK Investment Management business to help them identify a Head of Compliance SMF 16 & 17.
The wider group structure includes regulated businesses operating across investment platform services, product and fund provision, and authorised fund management.
The Role
The Head of Compliance SMF 16 & 17 is a senior leadership position responsible for ensuring the firm's investment management activities operate in full compliance with applicable regulatory requirements, including those of the Financial Conduct Authority (FCA).
The role forms part of the senior leadership team and contributes to key governance forums, including executive risk and product governance committees. The successful candidate will also engage with the Executive Committee and attend Board meetings as required.
This position sits within the Group Compliance Advisory function and works closely with Compliance Operations, Compliance Monitoring, Financial Crime, Risk, and Investment Risk & Performance teams across the second line of defence.
Key Responsibilities
* Maintain effective and constructive engagement with the FCA on regulatory matters.
* Provide expert compliance advice and guidance to the first line of defence (1LoD).
* Review and oversee policies, procedures, and controls owned by the 1LoD.
* Oversee complaints oversight
* Deliver clear, accurate, and timely reporting to executive and board-level governance committees.
* Oversee the delivery and quality of the Compliance Monitoring Plan in collaboration with the Monitoring team.
* Lead regulatory horizon scanning activities, assessing impact and supporting implementation of regulatory change.
* Provide compliance oversight and input into strategic and operational change initiatives.
* Liaise closely with Financial Crime, Risk, and Investment Risk specialists within the second line of defence.
* Approve relevant system and process developments from a compliance perspective.
* Engage with Internal Audit (third line of defence) as required.
* Lead and develop a small team of advisory compliance professionals.
* Regulatory Responsibilities (SMCR)
Candidate Profile
* Significant senior-level compliance experience within investment management
* Strong working knowledge of FCA rules and guidance, including SMCR, Insurance Distribution, and MCD requirements.
* Proven experience engaging directly with regulators and senior governance committees.
* Demonstrated ability to operate effectively within a three-lines-of-defence model.
* Strong leadership and stakeholder management capabilities.
* Experience managing and developing high-performing compliance teams.
*Note the role is based in the North of England and would require 2/3 days in the office.