We are a newly established, FCA-registered alternative investment fund based in London. As we build out our founding team, we are seeking a highly capable Compliance Officer and Money Laundering Reporting Officer (MLRO) to establish and own our compliance function from the ground up. This is an opportunity to shape a compliance framework within a lean, well-governed alternative investment firm at inception.
The Opportunity
Reporting directly to the Board, you will be the firm's sole compliance lead — responsible for drafting, implementing, and maintaining all policies and procedures across AML/KYC, GDPR, investor complaints, conflicts of interest, and annual FCA regulatory reporting. You will serve as a non-voting member of the Investment Committee to ensure compliance considerations are embedded at the point of investment decision. This role is open to both full-time and senior consultancy arrangements for the right candidate.
Key Responsibilities
- Draft, implement, and maintain all compliance policies and procedures from inception
- Conduct customer due diligence (CDD) and enhanced due diligence (EDD) on investor subscriptions; maintain 5-year records
- File Suspicious Activity Reports (SARs) to the National Crime Agency where required
- Manage the firm's GDPR obligations, including breach identification and tiered notification
- Prepare and file annual regulatory reports to the FCA within statutory deadlines
- Notify the FCA of any material changes to the fund within required timeframes
- Maintain and annually review the Conflicts of Interest Register
- Attend Investment Committee meetings in a non-voting capacity to flag compliance concerns
- Manage the investor complaints procedure end to end
- Deliver quarterly compliance updates to the Board
What We Are Looking For
- Holder of CF10 (Compliance Oversight) and CF11 (MLRO) credentials, or equivalent post-SM&CR status (SMF16/SMF17)
- Minimum 5 to 7 years of compliance experience within financial services; alternative asset fund experience strongly preferred
- Working knowledge of AML/CFT legislation, GDPR (UK), and relevant FCA Handbook sourcebooks
- Proven ability to draft and implement a compliance framework from scratch within a small or newly regulated firm
- ICA Diploma, CISI qualification, or equivalent is desirable
- Experience overseeing third-party service providers (fund administrators, auditors) is relevant and valued
- High degree of professional judgment and the ability to work independently in a lean team structure
What We Offer
- Competitive salary of £80,000 – £120,000 depending on experience and arrangement
- Consultancy arrangements considered for the right senior candidate (£500 – £750 per day)
- Direct Board-level access and genuine influence over the firm's compliance culture
- A well-structured regulatory foundation with experienced legal and audit service providers in place
- London base with flexibility where appropriate
Day Rate available: £500-£750
Pay: £80,000.00-£120,000.00 per year
Application question(s):
- Do you hold CF10 (Compliance Oversight) or CF11 (MLRO) credentials, or an equivalent SM&CR designation?
Work Location: In person
