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

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):

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

SMF16/17 (Compliance & AML Lead)

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

The successful candidate will have:

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