Head of Compliance MLRO SMF1617

We are looking for a dedicated and experienced Head of Compliance & MLRO to join our clients team in the Wealth Management sector. At this position you will will be required to be an FCA approved person to perform SMF16 (Compliance Oversight) and SMF17 (Money Laundering Reporting Officer) functions. Prior experience in Alternative Investment Asset Classes and/or Fund Management is highly preferred.

SMF16 Compliance Oversight function:

• Responsible for the overseeing and management of the firm s Compliance and Governance frameworks covering all aspects of fully functioning compliance function including fund promotion and distribution regulatory aspects and monitoring
  
• Developing regular monitoring procedures and practices to assess the adequacy and effectiveness of the firm s systems and control
  
• Work with operational areas to develop proportionate riskbased policies and procedures designed to minimise the risk of breaches of legal and regulatory requirements
  
• Regulatory monitoring and management including emerging risks potential areas of noncompliance and providing advice on appropriate mitigating actions
  
• Responsible for the implementation of any requirements of FCA rules and regulations associated to the UK business
  
• Provide advice and guidance on regulatory matters across the business; provide training to staff on compliance matters
  
• Manage actual and potential conflicts of interests
  
• Stay uptodate with relevant regulatory developments and ensure compliance with SM16/17 obligations
  

• Assessing and approving of client onboarding
  
• Reporting any suspicious activity or transaction
  
• Overseeing and ensure the implementation of uptodate AML/CTF policies and procedures
  
• Responding to requests for information from the FCA and other regulators and law enforcement agencies or clients relating to a regulator or law enforcement agency request
  
• Conducting an annual money laundering risk assessment in relation to the company s business
  
• Ensure regular training for staff on antimoney laundering
  
• Report on at least an annual basis to the firm s governing body on the operation and effectiveness of the firm s antimoney laundering systems and controls
  

Requirements

• Proven exposure to Compliance and Risk functions within Financial Institutions
  
• Capability as a responsible leader with strong technical knowledge and an analytical and strategic mind
  
• Experience in Alternative Investment Asset Classes and Fund operations
  
• Experience with oversight of distribution compliance and governance including accessing and suitability of investors at both professional and below professional level
  
• Confidence of being part of and interacting with other members of senior management across the organisation
  
• Advance stakeholder management experience including experience of dealing with regulators and other external bodies
  
• Detailed knowledge of FCA regulations particularly SM16/17 requirements
  
• Excellent organisation and communication skills and attention to details