Compliance Manager

Summary:

The Manager/ Assistant Manager supports the effective operation and development of Langham Hall’s UK Regulatory Hosting function, with day-to-day management responsibility for the Appointed Representative (AR) team and a significant role in the firm’s wider compliance and risk framework. The role combines AR oversight, regulatory analysis, team leadership, internal compliance, regulatory reporting and process improvement.

The role holder acts as a senior escalation and knowledge point, works directly with ARs, clients and colleagues, and supports the Director in maintaining an effective control environment across the AR, AIFM and Operator businesses. The position offers broad exposure to FCA regulation, risk governance and regulated investment and fund structures.

The role description gives an indication of the key attributes and skills which are beneficial, but we also focus on team fit and growth potential as well as transferable skills or experience.

Duties and Responsibilities:

AR function leadership and client oversight

• Oversee the day-to-day operation of the AR function, coordinate team priorities and act as an escalation and technical knowledge point.
• Manage AR relationships through meetings, telephone and written communication, providing practical guidance on regulatory and operational matters.
• Assess the risks posed by prospective and existing ARs, and support the review and risk assessment of alternative investment funds (AIFs) and collective investment schemes (CIS), escalating material issues appropriately.
• Oversee onboarding, variation and termination activity for ARs and relevant approved or certified persons, including AML/KYC review, financial analysis, business-plan review and regulatory applications.
• Approve or oversee ongoing monitoring of ARs, including periodic compliance reports, financial promotions and marketing materials, risk matrices, liquidity monitoring and remediation actions.
• Accompany and support team members at AR meetings concerning business plans, oversight findings and regulatory developments.
• Ensure related trackers, records and action logs are complete, accurate and maintained on a timely basis.

Compliance and regulatory advisory

• Act as a first point of contact and adviser to the business, ARs and clients on regulatory compliance matters, referring significant or novel issues to the Director where appropriate.
• Research and interpret FCA requirements and other relevant regulatory developments, translate them into practical actions and oversee implementation projects affecting the firm or its ARs.
• Work collaboratively with colleagues to resolve complex regulatory questions, including matters for which there may be limited precedent.
• Review and maintain the compliance monitoring programme, oversee its implementation and support the timely completion and documentation of monitoring activity.
• Support financial crime controls, including AML/KYC, gifts and hospitality, conflicts of interest, outside business activities, personal account dealing and relevant staff attestations.
• Support certification assessments and other employee compliance requirements, maintaining appropriate evidence and trackers.

Internal policy and control framework

• Coordinate the scheduled review and update of compliance and operational policies, manuals and procedures, ensuring they remain appropriate, consistent and aligned with the firm’s activities and regulatory obligations.
• Maintain or oversee key internal registers and control records, including personal account dealing, conflicts, gifts, outside business activities and outsourcing records.
• Coordinate periodic due diligence on outsourced service providers and support related training and control reviews.
• Contribute to annual assurance and audit work, including ISAE 3402 and external compliance audits, and coordinate evidence and follow-up actions.
• Ensure appropriate policies and procedures are in place across the business and identify opportunities to strengthen the control environment.

Risk management and governance

• Support the firm’s internal capital and risk assessment processes, including ICARA, wind-down planning, regulatory capital monitoring, quarterly risk-trigger reviews and maintenance of the material risk register.
• Prepare, review or coordinate annual and periodic risk assessments, including bribery, tax evasion, financial promotions, country risk and the AR se…