Reporting to:

Senior Compliance Manager

Key Accountabilities:

Compliance advice, procedures and training.
Give general compliance advice and instructions.
Understand FSA requirements.
Give timely advice to firm regarding changes in FSA and Industry regulations.
Manage the implementation and review of procedures to comply with FSA and with issues identified in monitoring.
Deliver compliance training including Induction as appropriate to all the clients staff.
Give general DPA advice and guidance.
Understand DPA, CCA, and AML requirements and notify changes and maintain licenses.
Review company procedures as instructed to ensure they are current & appropriate.
Responsibility for signing off.
Adviser competence where appropriate.
Anti-money laundering Manage, implement and keep under review procedures to comply with AML law and regulation and within FSA rules Receive, evaluate and, if appropriate, report promptly to MLRO internal reports of suspicious activity.
Give general AML advice, instructions and be responsible for staff awareness and training.
Deal with client verification queries from staff and Finance department Monitoring.
Ensure risk based monitoring is undertaken across ACL in accordance with the agreed audit regime.
Ensure all findings are followed up and adequate remedial actions taken where necessary Undertake T & C monitoring of authorised and regulated individuals.
Produce Management Information arising from monitoring activities.
Financial promotions and other material.
Review financial promotions and give compliance approval, or request any amendments required in order to give approval.
Similarly review and approve other material such as presentations, press articles, mailings, Suitability Letter templates and client agreements.
Maintain log of approved material and all supporting papers Compose as required or approve standard paragraphs and reports for use by client-facing staff.
Incidents and breaches.
Manage the recording of all notified FSA or internal rule breaches.
Ensure remedial action is taken in all cases to remedy the breach or incident.
Ensure senior management are informed.
Ensure all the company's staff is made aware of the rule breach procedure
Reporting Assist in drafting monthly compliance reports to the Board Assist in the preparation of data required in respect of regular reports to the FSA including returns such as the RMAR.
Notify as appropriate any breaches that fail to be reported to FSA or other regulators Keep an Approved Persons Register and notify the FSA of any changes.
Complaints Handling Investigate & record client complaints in accordance with the FSA and ACL Complaint Handing procedure.
Liaise with the Asset Manager and other relevant staff and make recommendations to enable negotiation of a satisfactory conclusion with the client.

Job Related Knowledge, Skills and Experience:

FPC qualification (or equivalent) or relevant experience in the Compliance field Knowledge and experience of FSA, CCA, AML and DPA legislation.
Working knowledge of relevant FSA regulations and MiFID requirements.