Compliance Director - Link Fund Solutions

Link Asset Services ,
London, Greater London
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Job Description

Company Description Link Group connects millions of people with their assets including equities, pension and superannuation, investments, property and other financial assets. We do this by partnering with thousands of financial market participants to deliver services, solutions and technology platforms that enhance the user experience and make scaled administration simple. We help manage regulatory complexity, improve data management and provide tools to help people connect to their assets, leveraging analysis, insight and technology. Our core businesses are complemented by our expertise in digital solutions and data analytics, and enable us to provide a complete service to our global network of clients and partners. (Link Asset Services is a member of Link Group.) Our Funds Solutions division is a leading independent Authorised Fund Manager and provider of fund administration and transfer agency services. We leverage our specialist knowledge and technology to support traditional and alternative funds in UK, Ireland, Luxembourg and Australia, manage 100bn of assets with circa 500 people. With a focus on strong governance, regulatory expertise and risk management, our business helps to manage regulatory compliance for asset managers and investors. Our unique place in the market, combined with our partnership approach, depth of experience and well-invested systems, enables us to support investment managers through the challenges of changing market and investor needs, and, as a result, help them to enhance returns, minimise costs and mitigate their risks. Job Description * To act as SMF16 with FCA for the regulated entities Link Fund Solutions Limited, Link Financial Investments Limited and Link Fund Administrators Limited. * Provide assurance and advice on regulatory risks to the Global CEO, MD and other senior management in Fund Solutions and Link Group, EMEA Compliance. * Ensure that effective advice is provided on compliance matters and regulatory change and that relevant compliance policy and controls are created, managed and communicated effectively. * Ensure that all fund documentation including prospectuses are kept up to date with regulatory changes * Ensure that there is an appropriate risk-based compliance monitoring programme in place for the above regulated entities ensuring timely delivery of the programme and that it is designed to assess all regulated activities with appropriate frequency. * Ensure that regulatory developments are tracked appropriately and their relevance and impact are communicated to the business. Compliance is to act as SME on any regulatory change project. * Ensure that all incidents and breaches are reported, assessed and issues identified are effectively addressed, ensuring that compensation, where required, is paid as appropriate and effective remedial action is taken to prevent recurrence. * Ensure the Compliance Function in all relevant jurisdictions has sufficient resources and that it is appropriately structured. * Liaison with the Regulators and Depositaries as required. * Effective oversight of the compliance coverage in Ireland and Lux operations. * Define, manage and deliver Compliance reporting to Fund Solutions' governance committees on a timely basis. * Attendance at key governance and control meetings. * Support business initiatives as appropriate e.g. acquisitions. * Keep Link Group EMEA Compliance Director informed of relevant regulatory matters. * Overarching responsibility for ensuring Compliance meets its plans and performance targets. * Mitigate operational risk pertinent to the Compliance function through relevant risk assessment procedures, adhering to policy and in accordance with risk management frameworks. * Effective monitoring and oversight of risk frameworks relating to Compliance ensuring these are embedded. * Oversight of compliance with all regulatory reporting whether or not undertaken by Compliance. * Oversight of the complaints-handling process for all 3 UK regulated entities. * Report into a Matrixed Senior Leadership Team up to Board Level. As a Fund Solutions senior staff member: * Build and maintain a high performing team who are held accountable to deliver via high performance leadership, employee engagement practices & role model behaviours. Ensuring capability and resources are in place to meet business requirements. * Represent the business at a senior level. * Maintains knowledge of technical and business knowledge, industry and business developments, and regulatory requirements. * Ensure that an up to date succession and talent plan in place. * Support the growth, embedding and sustaining of a strong culture across the Fund Solutions business, one which instils accountability and strong engaging behaviours (e.g. no fear of speaking up). Qualifications * Minimum of a university degree. * Knowledge and experience within a regulatory environment, including a sound understanding of the Senior Managers and Certification Regime. * Sign

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