Play a vital part in the growth of this new venture and to contribute to V&P being a great place to work.

As every staff member is a shareholder of V&P, we treat everyone as a partner, so each person’s hopes and opinions are listened to and considered. We believe that it is of paramount importance that we do not simply measure our success in terms of the financial success of the firm. It is important, but we want V&P to be a great place to work. We are committed to driving a sustainable business that is both commercially successful and socially and environmentally responsible.

We will respond to all applicants but please be aware that we will not hold your CV on file for the future so if you are unsuccessful in one application you will need to reapply for any subsequent roles. Disabled applicants are encouraged to contact [email protected] to help identify any additional support they may need during the recruitment process.

Each Monitoring Associate will have a variety of clients ranging from investment managers to appointed representatives, to whom they provide compliance advice and on whom they will complete the compliance monitoring program. The role offers exposure to a range of investment strategies and regulated activity types.

To assist the compliance team in effectively supervising V&P’s client base, the successful candidate will undertake the following activities:

1. New Client take-on

• • Responsible for the oversight of the on-boarding of your allocated clients which includes dealing with compliance- related queries during the on-boarding process; as well as steering the client through to the start of its regulated activities. The candidate will not conduct data-gathering or form-filling, these functions are handled by the on-boarding team.
  • Oversee regulatory due diligence on clients, individuals, corporates and funds to assess the client’s 'threshold conditions' and 'fitness and propriety'.
  • Oversee the creation of the Proposal to V&P New Business Committee. This proposal completes the on-boarding process, and approval from the New Business Committee is required to take-on a new client.

2. Client Compliance Infrastructure set-up

• • Advise and assist in developing compliance policies and procedures bespoke to client.
  • Design compliance monitoring programmes (heatmaps) and monitoring work programmes (tests) based on client due diligence.

3. Client Compliance Monitoring and Ongoing advice and assistance

• • Implement and enhance V&P’s compliance monitoring procedures, heatmaps and work programmes.
  • Regular on-site (as far as it is possible) client-facing monitoring visits to identify potential and current regulatory issues within a client’s business and work to resolve or reduce the risks.
  • Production of compliance monitoring reports.
  • Acting as point of contact for compliance issues for V&P clients.
  • Responsible for ensuring that the client is complying with V&P’s compliance procedures.

4. Compliance

• • Provide advice and assistance on UK and FCA requirements and obligations to the V&P.
  • Assist the CCO with ongoing regulatory matters affecting the V&P and its clients.

1. Essential

• • Relevant experience working in-house at an FCA regulated firm or in a compliance consulting role.
  • Experience of the relevant regulatory environments including but not limited to AIFMD, MiFID, and a willingness to learn others such as CFTC, SEC and MFSA
  • Team-orientated and able to collaborate well with others.
  • Ability to manage multiple client interactions.
  • Proactive communication and approach with excellent verbal written and presentation skills.

2. Desired

• • Entrepreneurial mind-set.
  • Attention to detail and constant desire to improve systems and processes in pursuit of operational best practice.
  • Bring positive energy to the work environment that motivates teammates and colleagues.
  • Strong IT skills, able to thoroughly utilize new systems, as well as existing Office 365 environment.
  • Able to teach new people, and mentor junior colleagues.

3. Systems

• • Successful candidates must be proficient in Microsoft Office.
  • You will be trained on bespoke in-house systems.