Compliance & Risk Manager- Prime Brokerage experience

THE COMPANY:

Our client is a boutique asset manager, looking for a deputy who is keen to progress to become the SMF16/17 in the future.  This role will be reporting to the Head of Operations who holds the controlled functions.

THE RESPONSIBILITIES:

• Maintain and evolve the firm’s regulatory framework to meet FCA standards, including SMCR, MiFID II, ICARA, CASS, and AML obligations.
• Lead or support the firm’s SMF16/17 responsibilities, with active involvement in governance forums.
• Act as the primary interface with the FCA, managing responses to supervisory and thematic activity.
• Own and deliver the Compliance Monitoring Plan, including surveillance, testing, and remediation.
• Maintain and enhance the Risk Management Framework, including operational, conduct, and investment risk.
• Conduct and oversee KYC/AML due diligence for new and ongoing clients across multiple jurisdictions.
• Oversee or personally deliver RegData submissions, transaction reporting, and regulatory disclosures.
• Ensure compliance with liquidity, capital, and risk limits as defined in the ICARA.
• Lead internal readiness for regulatory change, such as ESG/SDR, Consumer Duty (where relevant), or cross-border equivalence rules.
• Maintain oversight of outsourced service providers, including administrators, custodians, and IT vendors.
• Contribute to improving operational resilience, including business continuity and outsourcing arrangements.
• Partner with investment and operations teams to ensure compliance is embedded across the front, middle, and back office

EXPERIENCE REQUIRED:

• 5–7 years of direct compliance and/or risk experience in an FCA-regulated asset manager or prime broker.
• Proven track record of operating or supporting SMF16/17 roles in similar environments.
• Strong working knowledge of: AML & KYC (including onboarding frameworks), Regulatory reporting (RegData), MiFID II requirements, CASS rules, ICARA and capital/liquidity frameworks, Compliance monitoring frameworks
• Experience managing frontier market risks and onboarding clients from higher-risk jurisdictions.

For further information please contact Spencer Evans