Compliance Manager - Private Equity

Job title : Compliance Manager - Private Equity
Location : London
Job-type : Permanent
Contact : Dylan Rosser
Call : Dylan
Email : email Dylan
Reference : J8989
THE SEARCH:

Altus Partners has partnered with a growing Private Equity fund that is looking to expand into the Alternatives space and is growing its London office. They are looking to make its First Compliance hire in the business. The role will head up the Compliance function and will work very closely with senior management in developing and growing the compliance area. This position gives the opportunity to make the area your own and develop the internal processes and controls. It does give the freedom of developing a completely new area and growing into a Head of Compliance position.

 

THE ROLE:

The role will also bring a portfolio aspect as this position will act as the main point of contact within the group for Compliance Queries within their Portfolio. This role will also be involved in the decision making for hiring compliance individuals into the Portfolio businesses. The role is an opportunity to join a growing business and built out a compliance function with the full support of senior management.

  • Oversight of the compliance monitoring daily controls on the authorisation and organisation of the controls on the Funds, controls on the investment management process and controls on the client’s relations.

  • Preparation and submission of quarterly and annual compliance regulatory reporting standards. 

  • Manage an annual process to run compliance audit across all the portfolio companies and act as main point in the group for Portfolio Company heads of compliance.

  • Assist with FCA applications both internally and for portfolio companies 

  • Conduct monitoring and oversight of monitoring in accordance with the Company’s monitoring plan and ongoing monitoring of the investment restrictions 

  • Oversight of the appointed delegates: execution of the initial and ongoing due diligence documentation, review of KPI reports and organisation of on-site visits 

  • Maintain the Company’s regulatory records, including: Regulatory watch - Review and update of the policies, the procedures, the compliance risk mapping and the databases; 

  • Response to various queries received from the third-party service providers, the depositary banks, the investors, the auditors, the regulators and the portfolio assets

  • Enhancement of the AML framework and upgrade of the policy of the activities of the Group

  • Coordinate and arrange regular training for investment professional’s vis a vis their obligations with respect to portfolio companies that are regulated

 

THE REQUIREMENTS:
  • 4 – 6 Years’ experience in an investment management compliance function

  • Private Equity or Alternative Investments Experience is strongly preferred

  • Knowledge of UK regulations in lending space is strongly preferred 

  • Experience of effecting change and identifying efficiencies on different internal processes.

  • Strong organizational and analytical skills and the ability to effectively summarize findings, and clear communication both verbally and in writing to internal audiences and external stakeholders. 

  • Detail-oriented and highly motivated. 

  • Ability to work effectively to meet multiple tight deadlines with minimal supervision. 

  • Develop and maintain relationships with key internal stakeholders including other business lines and corporate functions across the organisation with a range of related third parties.