Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead and enhance our regulatory compliance framework while ensuring adherence to legal obligations.
- Company: Join LGPS Central, a diverse FCA regulated asset manager dedicated to responsible investment.
- Benefits: Enjoy competitive salary, generous pension, 30 days holiday, hybrid work, and wellness support.
- Why this job: Shape compliance culture, work with top teams, and make a real impact in the finance sector.
- Qualifications: Experience in senior compliance roles within UK asset management; leadership skills are a must.
- Other info: Be part of an award-winning company recognized for diversity and inclusion.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
About the Role
We are currently looking for an experienced Senior Compliance Manager to lead and enhance our regulatory compliance framework. If you have a background in compliance within an asset manager, this is a fantastic opportunity for you. This is a key role in ensuring we meet all legal and regulatory obligations while fostering a strong culture of compliance.
Based in Wolverhampton, this role reports directly to the Chief Legal, Compliance & Risk Officer (CLCRO) and plays a vital role in shaping LGPS Central’s compliance function. You will work closely with internal teams—including the Board, Executive Committee, investment, legal, and risk teams—as well as external regulators such as the Financial Conduct Authority (FCA).
About the Company
LGPS Central Limited is an FCA regulated asset manager and manages the pooled assets of eight Midlands-based Local Government Pension Scheme funds.
LGPS Central’s Partner Funds are:
- Cheshire Pension Fund
- Derbyshire Pension Fund
- Leicestershire Pension Fund
- Nottinghamshire Pension Fund
- Shropshire Pension Fund
- Staffordshire Pension Fund
- West Midlands Pension Fund
- Worcestershire Pension Fund
LGPS Central is owned equally by all eight of its Partner Funds and is dedicated to the management of local government pension assets. LGPS Central manages assets across public and private markets both internally and through externally appointed investment managers.
The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.
LGPS Central offers a friendly and diverse, hybrid-working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.
Responsibilities
- Continue to develop and implement a robust regulatory compliance strategy and framework, ensuring adherence to all relevant regulations and internal policies.
- Establish and maintain effective compliance control systems, infrastructure, and monitoring processes to support business operations and mitigate risks.
- Promote and embed a strong compliance culture, integrating compliance management into broader governance frameworks and internal controls.
- Identify and respond to regulatory developments that may impact LGPS Central, providing strategic guidance and risk mitigation proposals.
- Oversee all compliance reporting, including routine and exceptional reporting to the FCA and other regulatory bodies, ensuring transparency and accountability.
- Act as the primary liaison with the FCA and other regulatory authorities, managing regulatory relationships and interactions effectively.
- Manage compliance-related incidents, breaches, and escalation protocols, ensuring timely resolution and continual improvement of controls.
- Provide proactive compliance advice to investment, risk, and legal teams regarding business strategies, fund structures, and regulatory matters.
- Lead compliance training programs, ensuring staff across LGPS Central are informed of regulatory obligations and best practices.
- Maintain oversight of financial crime compliance, including Anti-Money Laundering (AML), Market Abuse, and data protection responsibilities as the designated Data Protection Officer.
- Manage and oversee the Compliance Manager, including their line management of the Compliance Analyst and any other roles, ensuring their professional development and effective contribution to the compliance function.
- Support the CLCRO in delivering compliance-related governance responsibilities, including reporting to Board and Executive committees and sub-committees and ensuring the effectiveness of compliance controls across the organisation.
Required Skills
- Strong leadership skills with the ability to develop, mentor, and inspire the compliance team, ensuring professional growth and high performance.
- Working in a senior compliance function within the UK asset management or financial services industry.
- Managing and overseeing a compliance team, including direct reports.
- Engaging with financial regulators, particularly the FCA.
- Managing compliance frameworks and regulatory reporting obligations.
- Leading compliance monitoring, thematic reviews, and regulatory risk assessments.
- Providing regulatory guidance to senior stakeholders, including investment and risk teams.
- Handling regulatory interactions, including FCA supervisory reviews and enforcement matters.
Preferred Skills
- Strong understanding of the UK regulatory framework for asset management, including the FCA Handbook (e.g., SYSC, COBS, FUND, and MAR).
- Knowledge of financial crime compliance, including Anti-Money Laundering (AML) and Market Abuse regulations.
- Understanding of governance structures and regulatory requirements applicable to LGPS pools.
- Familiarity with ESG regulations and their implications for asset managers.
Qualifications
- Degree level or equivalent
- Has or can meet all the requirements of being an FCA approved person
What do we offer?
We are a diverse and forward-looking employer and are members of the Employers Network for Equality and Inclusion. Below is a selection of benefits we offer our employees:
- Competitive salary
- An enhanced and generous Pension Scheme
- 30 days' paid holiday plus bank holidays
- 2 days paid volunteering days
- An extra paid Company Day in addition to paid holidays
- Excellent Learning & Development Opportunities
- Welfare and Family-friendly policies
- Enhanced pay for new parents
- Access to our Employee Assistance Programme – 24-7 Health & Wellbeing Support
- Private Medical Insurance
- Hybrid Working
- Company Service Awards
- Cycle to Work Scheme
- Company Electric Vehicle Scheme
- Brand New Office Space
- Nominees of the Family Friendly Employer of the Year 2022 – Personnel Today Awards 2022
- Winner of the Cultural Awareness Initiative of the Year – FT Advisors Diversity in Finance Awards 2023
- Winner of Diversity and Inclusion Award – LAPF In Investments Award 2023
More Information
Senior Compliance Manager employer: LGPS Central
Contact Detail:
LGPS Central Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compliance Manager
✨Tip Number 1
Make sure to familiarize yourself with the FCA Handbook, especially sections relevant to asset management like SYSC and COBS. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the regulatory landscape.
✨Tip Number 2
Network with professionals in the compliance field, particularly those who have experience with the FCA. Engaging in discussions about current regulatory challenges can provide you with insights that may be beneficial during your interview.
✨Tip Number 3
Prepare to discuss specific examples of how you've developed and implemented compliance frameworks in previous roles. Highlighting your leadership skills and ability to mentor a team will resonate well with us.
✨Tip Number 4
Stay updated on recent regulatory developments and trends in financial crime compliance, including AML and Market Abuse regulations. Being able to speak knowledgeably about these topics will set you apart as a candidate.
We think you need these skills to ace Senior Compliance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in compliance within the asset management sector. Focus on relevant roles, responsibilities, and achievements that align with the requirements of the Senior Compliance Manager position.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your understanding of regulatory compliance and your leadership skills. Mention specific experiences where you successfully managed compliance frameworks or engaged with regulators like the FCA.
Showcase Your Knowledge: Demonstrate your understanding of the UK regulatory framework for asset management in your application. Reference specific regulations such as the FCA Handbook and how they relate to the role you are applying for.
Highlight Team Management Experience: Emphasize your experience in managing and mentoring compliance teams. Provide examples of how you have developed team members and contributed to a strong compliance culture in previous roles.
How to prepare for a job interview at LGPS Central
✨Understand the Regulatory Landscape
Make sure you have a solid grasp of the UK regulatory framework, especially the FCA Handbook. Be prepared to discuss how your experience aligns with compliance requirements and how you can enhance the existing compliance framework.
✨Showcase Leadership Skills
As a Senior Compliance Manager, you'll need to demonstrate strong leadership abilities. Prepare examples of how you've developed and mentored teams in the past, and be ready to discuss your approach to fostering a culture of compliance within an organization.
✨Prepare for Regulatory Scenarios
Anticipate questions about handling regulatory interactions and compliance incidents. Think of specific situations where you successfully managed compliance breaches or engaged with regulators like the FCA, and be ready to share those experiences.
✨Highlight Your Strategic Thinking
This role requires strategic guidance on regulatory developments. Be prepared to discuss how you've identified regulatory changes in the past and how you proposed risk mitigation strategies to senior stakeholders.
