Marlborough Fund Managers Limited was formed in 1986. The wider Marlborough Group consists of a number of businesses which provide products and services in the Financial Services arena. The Group continues to see strong positive organic growth and will look to continue to expand through further acquisitions where this is viable. The Marlborough Group has in excess of £11 Billion under management in a mixture of unit trusts, open ended investment companies (OEICs) and discretionary management portfolios.

Team Aims

• To provide reassurance to the board and management that the outsourced functions of the business are operating in a compliant manner through regular and ad hoc reporting and other MI
• To provide advice and assistance to internal and external stakeholders to help them meet their compliance responsibilities
• To help raise awareness of the laws, regulations and industry standards which apply to the business
• To identify good and bad practice providing feedback on failures in controls, recommendations for improvement and, where appropriate, remedial action
• Remain up to date with regulatory change and ensure it is adopted, as appropriate, by any outsourced functions

Role Purpose

To assist the oversight team in implementing an effective external oversight programme, including but not limited to investment managers and sponsors, and provide regular reporting to the board of directors and senior management.

Primary Responsibilities

1. Supporting the Compliance Oversight Manager in undertaking the monitoring of outsourced functions and assisting in the preparation of reports to management
2. Undertake the review and approval of financial promotions and customer communications
3. Assist with the update and maintenance of the oversight programme for those functions which are undertaken externally
4. Assist with the update and maintenance of policies and procedures in relation to the oversight of outsourced functions including, but not limited to, the Outsourcing Policy, the appropriate monitoring programmes and any due diligence questionnaires
5. Support the Compliance Oversight Manager in completing the oversight monitoring programmes
6. Undertake additional Compliance and Risk projects as directed from time to time by the Compliance & Risk Director

Primary Skills Required

Excellent written and verbal communication skills

Ability to prioritise

Ability to problem solve and deal with complex queries

Strong analytical skills

Ability to use initiative and work unsupervised in a proactive manner

Attention to detail

Ability to manage multiple projects

Secondary Skills Required

PC literacy and internet skills

Qualifications

Educated to degree level

Completed or working towards IOC (Investment Operations Certificate)

Experience

Previous experience in a similar role would be advantageous.

Personal Qualities

Comfortable communicating with stakeholders at all levels, both internally and externally

A flexible and adaptable approach to the changing environment

Ability to function as part of a team

Confident manner both written and verbally

Ability to work under pressure to meet deadlines

Positive attitude

Ability to be flexible and learn quickly

Ability to make a positive contribution to both the team and the Company

Benefits

• Competitive salary with annual salary reviews
• 8% non-contributory pension
• Annual discretionary bonus scheme
• AXA Private Healthcare Scheme
• Death in Service at 5 x annual salary
• 35 hour working week
• Training for IOC and other relevant qualifications
• Exam completion bonus £500 (IOC)
• Study leave
• Childcare voucher scheme
• Cycle 2 work scheme
• Eye test reimbursement
• Additional 1.5 days discretionary Christmas leave
• Christmas party and paid for social events during the year
• 13 weeks fully paid maternity leave
• 2 weeks fully paid paternity leave
• Perkbox membership - access to more than a hundred rewards, ranging from free food in major UK restaurants, to movie tickets, to phone insurance and more.

We also offer the usual standard benefits such as discretionary sick pay, statutory maternity leave, bereavement leave and flexible working arrangements where practical.