Full Time - Compliance - London, GB
Alvarium is a global multi-family office, co-investment partner and merchant banking boutique providing tailored solutions for families, foundations and institutions across the Americas, Europe and Asia-Pacific. The firm specialises in being the trusted adviser to clients with complex needs, providing institutional quality advice, investment and risk management using the full spectrum of public and private markets. Alvarium also offers direct co-investment opportunities from specialist managers focusing on alternatives and real assets to highly sought-after managers, companies and opportunities in the innovation economy.
Alvarium has over 220 employees and 28 Partners advising on circa $20bn of assets across four service lines — investment advisory, co-investments, merchant banking and family office services.
Alvarium has recently announced plans to merge with a US investment and wealth advisor firm in early 2022. The combined business, Alvarium Tiedemann Holdings (AlTi) is expected to be valued at $1.4 billion, to have combined assets under management of over $50 billion and be listed on Nasdaq and will have access to substantial capital for further investments. The focus will remain on high net-worth individuals across North America, Europe and Asia Pacific with a focus on impact or values-aligned investing.
• Monitor the regulatory environment to keep abreast of current legislation, key regulatory initiatives and future developments and interpret the impact on all business areas
• Assist in the ongoing review and drafting of compliance policies and procedures
• Review and implement systems for marketing and distribution of investment opportunities, and ongoing review and support for compliance approval of all documentation, marketing material, presentations etc
• Review and asses the effectiveness of procedures and controls in practice
• Review procedures relating to SMCR and, where relevant, Approved Person Regime
• Liaise with UK and overseas regulators on submissions and preparation of regulatory reports
• Liaise with third party providers to prepare and submit regulatory reports, and other responsibilities, in relation to the group’s AIFM operations
• Assist with UNPRI reporting and ESG oversight
• Assist with regulatory approvals including new firm authorisations and changes of control within the group
• Assist with the preparation of compliance reports for AIFM and fund-level board meetings, and attendance at board and fund-level investment committee meetings where appropriate
• Review of client facing agreements (including periodic updates of engagement terms) as well as contacts with other third parties (including custody agreements, service level agreements, and supplier contracts)
• Review and maintenance of data protection policies and data sharing agreements
• Improve awareness of regulatory issues through business advisory and ad hoc training
• Promote good lines of communication to encourage staff to report compliance issues or potential concerns.
QUALIFICATIONS AND COMPETENCIES
• Legally qualified, 1-2 years PQE. Asset management experience preferred but not required
• Strong verbal and written communication ability, with excellent attention to detail
• Strong IT skills
• Ability to use initiative to progress tasks within the limits of his/her own ability
• Ability to multi-task and a proven ability to work unsupervised and operate with a high degree of autonomy
• Passionate and driven
• A team player willing to support a team in achieving its goals and objectives