Senior Compliance Manager - Assurance

at  7IM

KNOWLEDGE

• Excellent level of understanding of FCA rules impacting UCITS Funds particularly regarding the provisions of COLL.
• Excellent knowledge of legislation such as FSMA and MiFID II, MAR, UCITS, SDR etc
• A broad business understanding of Wealth Management/Platform firms.

QUALIFICATIONS

• Degree Level or relevant financial services qualifications, such as the Investment Management Certificate.
• Minimum 5 years of previous experience of working with or for an ACD or Depository, demonstrating a detailed understanding of the end-to-end investment process for UCITS funds.
• Professional qualifications in Compliance are desirable.

SKILLS/OTHER RELEVANT INFORMATION

• Comprehensive working knowledge of Bloomberg AIM.
• Strong stakeholder management skills, with the credibility, expertise and gravitas to influence at senior management level.
• Ability to assimilate and understand new regulatory information and disseminate this to the business, using non-technical language.
• Ability to communicate at all levels of the business including at Executive Committee level.
• Good written and oral communication skills, with demonstrable experience in report writing.
• An analytical mind able to “see” the complexities of procedures and regulations but then simplify issues for others.
• Methodical and diligent with outstanding planning abilities.
• Highly pragmatic in approach and thrive within a fast-paced and constantly changing scale-up environment.
• IT Literate – including good Work, Excel & PowerPoint skills.
• Be able to operate in an agile and dynamic approach to Risk & Compliance, with attention to detail.
• Must be a professional of high ethical standards with a constant eye on the objectives of the business.
• Team player able to build strong working relationships.
• Appetite to develop knowledge of 7IM’s business in general.

PURPOSE

Reporting to the Head of Compliance Assurance the role will be primarily responsible for the oversight and monitoring of the 7IM Funds and Models with all applicable regulations.

RESPONSIBILITIES

• Be the primary point of Compliance contact for the ACD, External Depository, and Appointed Investment Managers relating the day to day operation of the 7IM Funds.
• Assist with the design, implementation, delivery, and maintenance of a compliance assurance programme (CAP), utilising the Group Internal Control Assurance Framework. The CAP should be underpinned by the groupwide Risk Management Framework (RMF), the Groups regulatory permissions and business activities.
• Proactively oversee monitoring of the investment activities of the funds, ensuring they invest as per their Prospectus, and agreeing the resolution plan of any breaches.
• Proactively review and provide assurance of the regulatory compliance framework, including Manuals, Policies and Procedures, specific to the operation of the funds and models where applicable.
• Ensure that relevant Leadership Team / Executive Committees are kept fully informed of the progress of the CAP, its findings and proposed actions.
• Provide guidance and advice on regulatory matters.
• Collaborate with internal and external stakeholders to monitor enforcement of standards and regulations.
• Oversee the review and development of existing services in line with regulatory developments, such as SDR.
• To work across the company business lines engaging with a degree of pragmatic collaboration to find compliant solutions to business problems, whilst influencing business culture.
• To develop and maintain effective relationships with various stakeholders across the business.
• Proactively identify regulatory developments within or outside of the company as well as evolving best practices in compliance control.
• Support in the co-ordination and attendance of the Authorised Corporate Director Governance meeting and other such Committees as delegated by the CRO.
• Deliver clear and comprehensive compliance assurance reports, providing context, key risks/ issues and proposed mitigating actions, where applicable.
• Work collaboratively across the Chief Risk Office functions to support an agile and dynamic approach to compliance and risk management.
• Provide challenge and a voice in relation to ethics, integrity and values.
• While not directly interacting with customers, your actions should align with upholding the FCA’s Consumer Duty principles, thereby contributing to fair and beneficial outcomes for our clients.
• Assist the wider Compliance and Risk team with delivering advice and assurance tasks as might reasonably be required.