Description

Executive Director (SMF3) & Head of compliance / MLRO (SMF16/17)

Canary Wharf

Permanent

Hybrid (3/2 split)

Up to £110,000

cer Financial are working alongside a boutique asset manager who are based in Canary Wharf. They are seeking an Executive Director (SMF3) & Head of compliance / MLRO (SMF16/17) to work with them on a permanent basis.

The responsibilities of the candidate will include:

SMF3 (Executive Asset Management Lead):

1. Holds overall responsibility for the firm's asset management business, including investment operations and governance.
2. Oversees investment frameworks, strategy approvals, and risk limits.
3. Ensures robust portfolio governance (valuation, performance, conflicts, best execution).
4. Accountable for the firm's risk management framework across market, liquidity, operational, and regulatory risks.
5. Ensures compliance with FCA rules and UK regulatory standards.
6. Oversees financial performance, budgeting, and resource allocation.
7. Acts as the main senior contact with regulators.
8. Ensures clear allocation and oversight of senior management responsibilities.

SMF16/17 (Compliance & AML Lead)

1. Acts as Compliance Officer and Money Laundering Reporting Officer.
2. Designs and maintains compliance and AML/CTF frameworks in line with FCA requirements.
3. Monitors and implements regulatory changes across the firm.
4. Oversees day-to-day compliance activities and second-line controls.
5. Manages client due diligence (CDD/EDD/KYC) and onboarding processes.
6. Supports SM&CR requirements (certification, Conduct Rules, responsibilities).
7. Maintains compliance policies, procedures, and controls.
8. Handles regulatory reporting, communications, and inspections.
9. Investigates complaints and compliance incidents.
10. Delivers compliance and AML training.
11. Supports monitoring, assurance, and internal audit processes.

The successful candidate will have:

1. At least 7 years' senior experience in UK asset management, or prior approval as an SMF3/16/17 with significant leadership responsibilities.
2. Strong knowledge of UK regulatory frameworks, including FCA rules, SM&CR, and Conduct Rules.
3. Proven experience in investment governance, portfolio management, and asset management operations.
4. Experience working with boards, regulators, and senior stakeholders.
5. Solid understanding of risk management and internal controls.
6. Professional qualifications (e.g. CFA, ACA, MBA) are desirable.