At a Glance
- Tasks: Oversee compliance activities for UCITS and US Mutual Funds, ensuring regulatory adherence.
- Company: Join Austin Andrew, a leading firm in investment management and compliance.
- Benefits: Enjoy a full-time role with opportunities for professional growth and development.
- Other info: Work closely with a collaborative compliance team and engage in exciting projects.
- Why this job: Be part of a dynamic team shaping compliance strategies in a fast-paced environment.
- Qualifications: 4-5 years' experience with UCITS and US Mutual Funds is essential; law degree preferred.
The predicted salary is between 100000 - 130000 £ per year.
Compliance Manager UCITS & US Mutual Funds
The Compliance Manager will report to the Head of Compliance UK and sit in the Compliance Team, overseeing activities related to UCITS funds and US Mutual Funds. Close collaboration with US regulatory consultants and the Chief Risk Officer is expected to address current and emerging regulatory risks.
Responsibilities
- Managing Software
- Line Manager of the Compliance Analyst
- Daily trade, best execution and liquidity monitoring completed by the Analyst
- Dedicated compliance monitoring programme
- Breach monitoring, maintaining breach records and reporting to ACD/other relevant counterparties
- Liaise with US regulatory consultants and oversee periodic US regulatory reporting
- Review financial promotions, marketing and client communications
- Produce risk and compliance reports for the managed funds (OEIC, SICAV, NURS, RIC, Managed Investment Scheme) including agreeing mitigating controls and escalating other risks
- Work with Chief Risk Officer to consider current and emerging high risk and high-profile activities
- Conduct due diligence on ACD and other third-party providers
- Design, implement and periodically review policies and procedures
- Lead meetings and working groups as a representative of Compliance
- Advise on and implement regulatory change with the wider Compliance Team
- Lead on related projects such as corporate acquisitions and integration of software, systems and service providers
- Conduct Training
The role may involve supporting the broader compliance team on other matters of compliance and risk relating to the wider Firm/Group.
COMPETENCIES
- Strong knowledge and understanding of COLL, MiFID II and other relevant sections of the FCA Handbook
- Demonstrable knowledge of Market Abuse legislation and procedures, including gatekeeping
- Knowledge and understanding of the financial Promotions rules
- Knowledge and understanding of liquidity monitoring and liquidity risk management
- Knowledge of ESG, sustainability and climate risk regimes including SDR, SFDR and TCFD
- Knowledge and understanding of US Investment Company Act 1940 and other relevant US securities regulations (to the extent it applies to Registered Investment Companies (RICs)), including investment restrictions and liquidity requirements
- Good product knowledge – UCITS, AIF and RIC products
- Knowledge of the marketing and distribution of the above products in the UK, EEA and overseas jurisdictions
- Strategic thinker to identify compliance risks relevant to the business and prioritise work effectively
QUALIFICATIONS AND EXPERIENCE REQUIRED
Strong academic background, law undergraduate degree preferable but not necessary, ideally including a post-graduate qualification or professional diploma
4-5 years’ experience working with UCITS funds (OEIC, SICAV) and US Mutual Funds at an MiFID investment manager or Collective Portfolio Management Investment Firm
Seniority level
- Mid-Senior level
Employment type
- Full-time
Job function
- Accounting/Auditing
Industries
- Venture Capital and Private Equity Principals and Investment Management
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Compliance Manager UCITS & US Mutual Funds employer: Austin Andrew
Austin Andrew is an exceptional employer, offering a dynamic work environment in Greater London where compliance professionals can thrive. With a strong emphasis on employee growth and development, the company provides ample opportunities for career advancement while fostering a collaborative culture that values innovation and integrity. Employees benefit from competitive remuneration packages and a supportive atmosphere that encourages continuous learning and adaptation to the ever-evolving financial landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Manager UCITS & US Mutual Funds
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Austin Andrew looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Manager UCITS & US Mutual Funds
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Austin Andrew. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Austin Andrew
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Austin Andrew’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
