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 £10 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 through desk based monitoring and onsite visits
2. Providing guidance and support to outsourced functions to ensure they are operating in a manner consistent with the regulations, industry standards and our expectations
3. Prepare regular reports to management on the outsourced functions, in particular highlighting any key risks or areas for concern
4. Communicate with outsourced investment managers and sponsors in relation to regulatory change and industry standard to ensure any changes impacting 
5. Assist with the update and maintenance of policies and procedures in relation to the oversight of outsourced functions ensuring that they reflect any regulatory changes or areas identified as high risk
6. Undertake additional projects as directed from time to time by the Compliance Oversight Manager

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
• 9% non-contributory pension
• Option to buy / sell up to 5 days annual leave
• 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
• Cycle 2 work scheme
• Eye test reimbursement
• Additional 0.5 days discretionary Christmas leave your birthday off
• 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.