Our client, a City based Multi Asset fund manager is seeking a Compliance Monitoring candidate seeking their next opportunity. The business has a approx. AUM of over £15+ billion and employ's approximately 200 employees in the UK. You will lead the Compliance Monitoring team and own the risk-based Compliance Monitoring Plan across the firms various entities, assuring adherence to FCA rules and fund-governance obligations, and providing clear oversight/challenge to the first line and outsourced providers. You will be availiable to start within the next 2 - 8 weeks maximum.
Core Responsibilities
* Design and execute the annual risk-based monitoring plan covering fund governance and firmwide conduct: portfolio compliance (investment/borrowing limits), valuation & pricing controls, dealing & best execution, trade surveillance (MAR), financial promotions, inducements/research, and distribution/PROD.
* ACD/AFM oversight: monitor depositary interactions and outsourced administrator/registrar performance (SLAs/KPIs, breach/error handling, reconciliations), and escalate issues to AFM Boards.
* Thematic reviews on Consumer Duty outcomes, target market & product governance, costs/charges, and vulnerable customers; track actions to closure.
* Fund-specific controls: liquidity risk (e.g., stress testing, dilution/swing pricing governance), errors & breaches registers, incident RCA, remediation and client communications sign-off.
* Review KIIDs/KIDs/PRIIPs, marketing and website disclosures for accuracy and approvals; sample testing of RFP/fund factsheets.
* MI & reporting to the AFM/Group Risk & Compliance Committees and Boards; contribute to annual plans and regulatory engagement.
* Manage and develop the monitoring team; maintain methodology, workpapers and CMP documentation; coach first line; support whistleblowing/surveillance where needed.
Monitoring/Surveillance exposures would include;
* Market Abuse Trade Surveillance
* Electronic Communications Surveillance
* Personal Account Dealing
* Order Execution, Allocation and Aggregation
* Financial Crime
* Disclosure and Transparency Reporting and Takeover Panel notifications.
* Provide real time support to the Compliance Advisory Team in the areas of:
* Market Soundings and Restricted Lists
* Investment Mandate and Investment and Borrowing Compliance
* Issuer Enquiries
Experience & Skills
* Senior compliance monitoring/assurance experience within an asset manager; comfortable challenging portfolio managers and operations.
* Leadership track record (hiring, coaching, QA of reviews).
* Deep knowledge of COLL, FUND/AIFMD, UCITS, COBS, MAR, PROD, Consumer Duty; evidence of building risk-based plans and closing actions.
* Outsourcing oversight (administrator/TA), depositary liaison, and board-level reporting.
* Strong analytics and report writing;