Investment Management Compliance Manager

Ashburton Investments is a new generation investment manager that offers in

We see institutions as but not limited to, pension funds, long and short-term insurers, re-insurers, as well as medical aid schemes.

We are seeking a highly skilled and experienced Compliance Manager for our Investment Management division, who has robust experience in both local South African regulations and key international regulations, particularly in EU and/or UK. This role requires a proactive individual capable of taking full responsibility for the compliance function of the international arm of our investment management operations, ensuring that we remain compliant with all relevant local and international regulations.

Are you someone who can:

• Oversee the compliance function for our international investment management arm, ensuring adherence to local EU, UK regulations as well as South African regulations and other international standards.
• Ensure the firm’s compliance with key regulations, including:
• Mi FID II (Markets in Financial Instruments Directive II)
• UCITS Directives (Undertakings for Collective Investment in Transferable Securities)
• EMIR (European Market Infrastructure Regulation)
• AIFMD (Alternative Investment Fund Managers Directive)
• FATCA/CRS (Foreign Account Tax Compliance Act/Common Reporting Standard)
• AML (Anti-Money Laundering) Regulations
• Conduct (Market conduct) Regulations
• Privacy Regulations
• Develop, maintain, and update compliance policies and procedures in line with local and international regulatory requirements.
• Manage investment compliance monitoring (pre and post trade compliance)
• Liaise with internal and external stakeholders to ensure all compliance-related issues are handled efficiently and with minimal disruption to business operations.
• Provide ongoing advice and guidance to senior management, portfolio managers, and other key stakeholders on regulatory changes and their implications.
• Monitor regulatory developments and ensure the business is prepared for upcoming changes in relevant jurisdictions.
• Engage with and manage relationships with external regulatory bodies and service providers, including external consultants and legal advisors.
• Ensure that the business meets all its reporting obligations to regulatory authorities in the jurisdictions of operation.
• Work closely with other departments, including legal, risk, and operations, to ensure a seamless approach to compliance across the organisation.
• Facilitate training and awareness sessions on compliance-related matters for staff.

You will be an ideal candidate if you:

• Have completed a Bachelor’s degree in law, Finance, Compliance or Risk or a related field.
• Have at least 8 years of experience in a compliance or legal role, with direct exposure to investment management.
• Strong knowledge of South African and International (EU,UK) regulatory frameworks.
• Proven experience working with international regulations, including EU and/or UK financial regulations.
• Specific experience with regulations in Luxembourg and/or Jersey is highly advantageous.
• Deep understanding of and experience with key regulations, including:
• Mi FID II
• EMIR
• UCITS Directives
• AIFMD
• Other relevant regulations such as AML, FATCA, CRS.
• Ability to work independently and take initiative in a fast-paced, international environment.
• Excellent communication skills and the ability to collaborate effectively with both internal teams and external regulatory bodies.
• Proven ability to work with subject matter experts and other resources to resolve complex compliance matters.
• Strong analytical skills and the ability to translate complex regulatory requirements into clear, actionable compliance steps.

You will have access to:

• Opportunities to network and collaborate
• Challenging work
• Opportunities to innovate

• Self-motivated and proactive, with the ability to work autonomously.
• Strong problem-solving skills and the ability to handle multiple competing priorities.
• Ability to manage and lead projects across multiple jurisdictions.
• Attention to detail and a commitment to maintaining the highest standards of regulatory compliance.

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

23/10/24

The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.