The Downing Risk and Compliance team is looking for a Compliance Analyst to join their team of five.

Known for their collaborative approach, the team fosters a culture of integrity, open communication, and empowered decision-making.

They work closely with investment and operations teams across the firm, operating in a flat, fast-paced environment focused on delivering outstanding outcomes for investors.

The team play a critical role in overseeing and managing regulatory risk for Downing as an FCA-regulated MIFID entity.

Applications

To apply for the role, you will need to upload a cover letter and current CV. The cover letter must set out your availability, salary expectations, and suitability for the role.

We appreciate all interest in Downing and applications received; however please note we will only be able to contact the most suitable applicants.

Role and responsibilities

• Maintenance of Business Timetable and regulatory deadline monitoring.

• Circulation and logging of relevant publications and action monitoring arising from this.

• Complaints support and escalation.

• Financial Crime oversight support including using sanctions screening system.

• Owning the review, recording and approval of day-to-day compliance requests such as:  PA Dealing, Gifts and Benefits, Outside business interests.

• Carrying out BAU compliance monitoring reviews on a quarterly basis according to risk-based Compliance Monitoring Plan.

• Preparation of compliance returns and reports.

• Review and update Compliance Policies and Procedures.

• Preparation of regulatory applications and returns to the FCA using FCA Connect and Regdata.

• Preparation and delivery of compliance training sessions and modules.

• Preparation of board reporting and internal management information to support working committees.

• Cultivate relationships with all relevant internal and external parties (such as ACD, custodians and various fund boards and committees), to ensure a culture of continuous improvement.

• Collaborate with first line teams to promote a strong risk culture, effective training approach, and delivery of continuous improvement.

• To act as an ambassador for Downing’s values, and to always behave in a respectful and professional manner.

Education, experience and skills

• A minimum of 2 years’ relevant experience in a compliance or risk-related role within a UK regulated firm, preferably within Fund Management

• A good understanding of FCA regulatory framework and UK facing legislation

• Good knowledge of enterprise risk management principles and tools (e.g. risk appetite, risk assessments, key risk indicators, and controls)

• The ability to remain calm and composed whilst working under pressure

• Good communication skills, both verbally and in writing

• Strong attention to detail

• Confidence and ability to build and maintain relationships with a range of stakeholders.

Personal characteristics

• Enthusiastic about what you do - you are always happy to roll up your sleeves

• Team player – have fun! We do our best to cultivate an open, honest, hard-working but fun culture at Downing

• Ability to challenge the status quo and enhance the risk and compliance culture

• Customer oriented - you are approachable, friendly and professional whilst working diligently. Nothing is too much trouble

• Assertive and focus on execution – you make things happen

• Eloquent – you can explain complex things in simple, relevant terms

Downing’s values - Be bold and ambitious | Be straightforward | Support each other

Our values serve as a guide that shapes every aspect of Downing. They extend far beyond the conduct of our employees and encompass our products, services, and relationships with our investors and their advisers. By upholding these values, we firmly believe that we can navigate challenges and seize opportunities. Our commitment to these values ensures that we make a positive impact in everything we do, leaving a lasting and meaningful imprint on the world around us

Hybrid working

Downing operates a hybrid working policy whereby employees are expected to work from the office for a minimum of 3 days each week. If specific days are required in the office, this will be communicated during the interview process.

Diversity and inclusion

At Downing, we work hard to create a safe space for everyone: an environment for people to be themselves, and to be straightforward, honest and candid. Diversity is important to us, and we are passionate about creating an inclusive culture that supports and celebrates this.

We are committed to treating all employees and applicants fairly throughout our recruitment process and every aspect of employment, irrespective of background, disability or any other protected characteristic.

Reasonable adjustments

We will make reasonable adjustments within our recruitment process (and throughout employment) where needed. If you need any adjustments at any stage of our recruitment process, please do not hesitate to speak to the hiring manager or Downing’s People Team (people@downing.co.uk).

Privacy

To understand what information we collect about you, how we will use it and for what purpose, please read our privacy notice