Senior Compliance Consultant (Bovill Newgate)

at  Bovill Newgate

KNOWLEDGE, SKILLS & EXPERIENCE

• The successful candidate is likely to have a degree and/or
• Be a compliance practitioner with 3-5 years’ relevant experience and/or
• Have good a understanding of the wholesale financial services sector.
• Strong knowledge and application of the FCA Handbook including AIFMD, SMCR, MIFID II, IFPRU, and the financial promotions regime under COBS 4 and Consumer Duty;
• Good IT skills with the ability to learn the in-house compliance system.

PURPOSE OF THE ROLE

This role sits within the Bovill Newgate arm of the Ocorian business. Bovill Newgate is a regulatory consultancy working with a broad range of investment management clients including hedge funds, fund of funds, long only managers, private equity, venture capital, institutional brokerage and investment advisers. We also support a number of broking and corporate finance firms.
This role will be reporting directly to the Director of Financial Crime and Consulting Services and will be a part of the client advisory team. You should have a keen interest in regulation and compliance. Three to five years relevant experience is desired; however, you will also learn from the wider team, most of whom are experienced ex-regulators. We are a fast moving, growing compliance consultancy firm and the willingness to be flexible as tasks arise will be key for the successful candidate.

MAIN RESPONSIBILITIES

Your role will be wide and varied and you will be expected to be willing to undertake the many tasks that arise when part of a flexible consulting team. The role will be challenging but conversely you will have the opportunity get to see the asset management and broking industries from a unique perspective. A key part of your responsibilities will be in supporting the client advisory team assisting with regulatory work and client meetings.

Specifically, this could include, but is not limited to;

• Managing client relationships;
• Strong experience in the 3 lines of defence, in particular internal or external audits such as in AML controls;
• Assisting in, and leading, compliance reviews, assessments and documentation drafting;
• Understanding and summarising regulatory change and writing articles for our newsletter;
• Participating in regulatory projects, such as annual compliance audits or mock-examinations;
• Assisting with FCA authorisation applications and other regulatory transactions;
• Taking part in and leading client visits, meetings and training sessions; and
• Keeping up to date with current regulatory developments and informing clients as necessary.