Head of Compliance - EMEA

Where you’ll fit in & what our team goals are…

The EMEA Head of Compliance has overall Compliance regulatory responsibility for the EMEA region and management responsibility for EMEA distribution, Regulatory Developments, Compliance Programme Office, EMEA mandate compliance and matrix reporting responsibility for Monitoring and Assurance, Trade Surveillance and Front Office Compliance Advisory functions within the Global Asset Management Compliance department, as well as the EMEA Financial Crime Prevention team.

The EMEA Compliance team has team members based in the UK, Luxembourg, Netherlands, Italy, Germany, Dubai, and India. This role has broad compliance oversight and SMF16 responsibility for all the UK regulated companies (refer to table below) and US Chief Compliance Officer for Pyrford International Ltd and Deputy Compliance Officer for CTIME (Dubai).

The EMEA Head of Compliance effectively manages the compliance and regulatory risks EMEA is exposed to by designing, implementing, and maintaining a compliance framework that minimises the EMEA exposure to risks. Specifically, the Compliance function aims to provide a high degree of assurance that EMEA meet its regulatory obligations as well as high standards of conduct and ethical practice.

The EMEA Head of Compliance will have overall oversight of all regulated activities undertaken in the region to ensure that regulatory and reputational risks within the organisation are effectively identified, managed, and escalated.

How you'll spend your time...

• The EMEA Head of Compliance is a member of the EMEA Execution & Risk Leadership Team, Voting Member of the Financial and Operational Risk Committee (FORC) and Non-Voting Member of the EMEA Business Management Committee (and member of the sub-committees as required e.g.  Conduct Committee and Co-chair of the Global Regulatory Change SteerCo. 

• The role will involve considerable interaction with members of the boards at CoIumbia Threadneedle and Ameriprise, as well as the development and management of external third-party relationships including clients and regulators. 

• Responsibility for Compliance across the EMEA offices, and co-ordination of EMEA compliance and Compliance Programme for the EMEA Asset Management business within the Ameriprise General Counsel Organisation. This role has a direct reporting relationship to the Head of Global Asset Management Compliance at Ameriprise Financial and a matrixed reporting line to the Head of EMEA.  

• Visible commitment to and engagement in the culture of the General Counsel’s Organization

• Embed within teams a solutions-oriented and continuous improvement & innovation mindset 

• Responsible for building strong working relationships with the business so that Compliance is aware of what is happening and can anticipate events and is seen as a commercial partner. 

• Responsible for providing a pro-active advisory service to partners and staff in relation to regulatory and reputational matters. 

• Facilitates a robust compliance culture across EMEA 

• Agreement and delivery of the annual Compliance Plan including -

-Responsible for managing third party compliance relationships and ensuring effective compliance oversight in satellite locations. 
-Responsible for leading the on-going refinement of policies and procedures designed to minimize the risk of breaches of regulatory requirements. 
-Responsible for ensuring that possible breaches of regulatory requirements or internal compliance policies and standards are effectively investigated, escalated, and appropriately resolved by the team and notified to regulators where required. 
-Responsible for maintaining and overseeing an effective and comprehensive compliance monitoring programme through the Global Compliance Asset Management Assurance and Monitoring tea, including support for APAC Compliance. 
-Responsible for ensuring that compliance is involved in and oversees the design, management, and governance of products, regulated services and systems to ensure that they meet regulatory requirements and internal compliance standards. 
-Responsible for ensuring that strong controls are in place and updated as necessary to enable the Mandate Compliance function to effectively monitor whether client investment mandates are being adhered to. 
-Responsible for allowing for prospective investors to be properly vetted. 
-Responsible for developing a strong external network with senior compliance professionals from similar firms to ensure that Columbia Threadneedle, EMEA remains at the forefront of best practice. 
-Deputy Ameriprise Conflicts Officer for Columbia Threadneedle, EMEA 
-Responsible for ensuring EMEA Compliance staff are subject to appropriate supervision to ensure that the responsibilities of staff are adequately discharged, are appropriately trained to enable them to meet their responsibilities and subject to a formal performance assessment process on at least an annual basis. 

• This role has matrixed reporting line responsibility for the SMF17, Money Laundering Reporting Officer.

To be successful in this role you will have...

Knowledge 

• Bachelor’s degree or equivalent 

• Proven people leadership experience is required in addition to Compliance Expertise  

• Demonstratable experience within the financial services industry with a deep understanding and working knowledge of the regulatory framework 

• Proven experience and success in short- and long-term strategy planning and execution 

• Worked with the FCA and other regulators, and be confident in interactions with them, particularly during times of crisis 

• Proven experience working in a relevant role in the UK, preferably in an international environment 

• Experience in remediation against regulatory findings 

• Experience in interpreting new regulatory requirements, identifying relevant compliance requirements and working with the business to ensure that the appropriate procedures and controls exist to address requirements 

Skills 

• Strong leadership skills with a proven track record of success in operating and influencing within a high performing tam and contributing at all levels 

• Clear thinking, visionary and effective at managing competing priorities 

• A proven track record as a practitioner in a recognised regulated compliance environment 

• Highly motivated with a proactive attitude, driven by providing excellence 

• Customer relationship management skills in working with internal and external contacts and stakeholders 

• Ability to communicate efficiently with stakeholders and liaise with the Board, Sub-Committee, Senior Management, and employees to raise awareness and compliance risks 

• Ethical integrity and demonstrated ability to assess and determine when to raise concerns and escalate 

About Columbia Threadneedle Investments

Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses.

We're intentionally built to help you succeed. Our reach is expansive with a global team of 2,500 people working together. Our expertise is diverse with more than 650 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements.

Columbia Threadneedle is a people business and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to providing an inclusive workplace that supports the diversity of our employees and reflects our broader communities and client-base.

We appreciate that work-life balance is an important factor for many when considering their next move so please discuss any flexible working requirements directly with your recruiter.

 

Full timePermanentLegal Affairs