Head of Compliance - Boutique Equity focused Asset Manager - West End based (Multi $Bn AUM - stro... in South West London - Martis Search

Job Description The Role

Head of Compliance – Boutique Equity focused Asset Manager - West End based (Multi $Bn AUM – strong potential to become their SMF16 and SMF17)

Martis Search are representing a West End based, Equity focused Asset Management company, to hire a permanent “Head of Compliance.”

The role will report into their COO and supports their small, London based Equity Long Investment team in London, based on the Trading Floor.

The company are a true example of a successful, established and “boutique” and “family feeling” type of Asset Management environment. The office is full of intelligent Investment professionals and is close-net; the environment is transparent, motivated, ambitious, collaborative and supportive. They boast a solid £AUM and are looking to further grow this out.

The London office is made up of Investment/Trading Managers, Client Services, Marketing and Finance professionals.

At present, the COO holds the SMF16 and SMF17 Control functions, but they are flexible if someone does not want to take them on in the future, but-at-the-same-time is also happy for the chosen incumbent to grow into the role and eventually become their SMF16 and SMF17.
Our client is looking for someone with 10 + years’ Institutional Equity Long Asset Management experience preferred, ideally a mid-senior level hire ready to take on increased responsibility and able to work independently. Initially this is fill be a stand-alone Head of Compliance role, but there is a view to hire x 1-2 Compliance Analysts underneath you after a few months into the role.

Our client is looking for someone who has gained from either an Institutional Equity focused Investment Manager, or Hedge Fund. Please note that you need to be able to fit into a smaller working environment, where the roles are both senior and strategic, but also very hands on.
Our client is also looking for someone with a very strong understanding of Compliance Retail and Institutional offering for Funds offering in UK and Europe, with extensive knowledge of the FCA rule book, Mifid rules, as well as UCIT’s funds.

The whole team work together in the office x 5-days a week, however everyone can work remotely, anywhere in the world, for 8-weeks over the summer-time so long as you take 2 weeks holiday.

What is unique and amazing about this role is that due to the size of the company and its’ various small teams, the role offers great variety, as the position responsibilities are a mix of “Generalist Compliance” (Regulatory and Trade Monitoring Compliance), as well as Risk Management. There is also exposure to the Internal Audit and Risk Management functions too.

You would be responsible for all Regulatory Reporting responsibilities i.e. Mifid2, EMT, European ESG Template, EET Solvency rules, KIID Documentation and EPT.
This kind of exposure is unique and rare and you would not be offered this variety within a larger Equity Asset Management company.

Job description

Leading UK regulatory developments and help implement them,
Working with client services and sales team across multiple jurisdictions.
Maintaining the Firm’s risk and compliance framework including all policies and related documentation.
Responsible for the UK compliance monitoring programme including reporting and regulatory filings.
Reporting and providing information to senior management.
Helping the firm to meet compliance requirements by ensuring process and controls are adequately followed
Working with other teams to ensure compliance requirements are understood and best practice adhered to across the business
Supporting the SMF 16 and 17 on firmwide compliance initiatives

Requirements

Full-time hire to provide ethics and controls coverage for SIM
10+ years’ experience preferred, ideally a mid-senior level hire ready to take on increased responsibility and able to work independently
In-house experience with FCA regulated investment manager
Experience with drafting policies and procedures, creating and managing compliance controls/testing, reviewing marketing materials, managing/submitting regulatory filings
Familiarity with EU and UK rules, including UCITS and MiFiD
Understands the team is lean and must be hands on and prompt for urgent deliverables
Benefits

Contributory Pension;
Remote working during July and August plus festive period offered
25 days holiday plus bank holidays (pro rata).
Healthcare and additional benefits

Salary

£130 k pa - £160 k pa dependent upon experience, plus very competitive bonus, pension, healthcare, remote working during the summer and the festive period and other related benefits.