Compliance Advisory

When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.

Our office is a vibrant place to work, and we offer flexibility of office/homeworking due to our hybrid model.

About the role

In your role as Compliance Advisory you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to be a member of the Compliance Team as a second line function, to assist with a range of compliance matters, including managing compliance systems, and both Public Markets and Private Markets advisory.

• Administer Compliance owned policies and procedures to ensure compliance with regulatory requirements.
• To monitor and report on the FCA regulatory horizon as are relevant to the business of USSIM.

What you will be doing

As a trusted part of the Group Risk and Funding team you will be responsible for:

• To build a close working relationship with each of the USSIM business units to support Compliance matters as required.
• To work principally with the Head of USSIM Public Markets Compliance Advisory, and Head of Private Markets Compliance Advisory, and other members of the Compliance Team - as required, to support the provision of Compliance support to USSIM Public, and Private Markets Groups.

Principally to assist, and provide support, with the Compliance team (as a second-line of defence) as follows:

• To support ongoing surveillance of the activities of the Public Markets Group in relation to key regulatory processes, including: MAR surveillance, sanctions lists, shareholding disclosures and filings, position limits, exceptions reporting, and maintenance of IT systems to manage these.
• To support the management of engagement with USS’s approved expert networks.
• To assist with the management of incoming market soundings.
• To assist with the management of the restricted list, and management of insider lists.
• To assist with regulatory filings to the FCA and the SEC.
• To assist with the management of Compliance workflows and the integration of a new reg tech system.
• To assist with the management of reverse KYC requests.
• To assist with updating and drafting policies, procedures and the USSIM Compliance Manual.
• To assist with the maintenance of records relating to the Senior Management and Certification Regime.
• To assist with the delivery of new joiner Compliance training.

About you

To be successful in the role you will have:

• Thorough knowledge of the UK regulatory framework.
• Willingness to develop relationships at all levels in delivering pragmatic and proportionate compliance support, monitoring and training solutions within USSIM’s Public and, Private Markets Groups.
• A good understanding of public market asset classes; including equity, credit, fixed income, derivatives and alternative investments.
• Demonstrable experience of Public Markets Compliance.
• Demonstrable experience of dealing with the regulatory change agenda, and in particular impact of Public Markets.
• Working knowledge of Bloomberg and FundApps or other equivalent systems for monitoring Public Markets compliance.
• Familiarity with Private Markets Compliance.
• Bachelor's degree or equivalent; or industry qualification (such as CISI).
• Excellent working knowledge of FCA rules and industry best practice relating to:
  • FCA Conduct of Business rules, including best execution
  • MiFID II rules
  • Guideline and limit monitoring
  • Market Abuse surveillance, including insider dealing and market soundings
  • Shareholder disclosures and position limits
  • Conflicts of Interest, including research arrangements
  • Some knowledge of other relevant regulatory frameworks, including in Europe and the U.S.

Why join us?

How we will reward you

• Great starting salary
• Generous annual leave package
• Access to a high quality pension scheme provided through Universities Superannuation Scheme
• Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
• Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
• Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
• Learning and development opportunities to develop your skills, knowledge and talent
• Employee Volunteer Days to support the communities where you work and live
• Cycle to Work Scheme

Our culture

Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves.

• Social Mobility Pledge
• Menopause Workplace Pledge
• Actively support Women in Tech
• Annual Intern programme supporting individuals to gain work experience.

About us

Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and higher education institutions in the UK. We work with around 330 employers to help build a secure financial future for more than 500,000 members and their families. We are one of the largest pension schemes in the UK, with total assets of around £90.8bn (at 31 March 2022). To find out more, please visit https://www.uss.co.uk

USSL is proud to be an equal opportunity employer.

We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent.

We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting resourcing@uss.co.uk.