Compliance Advisor

Business Area: Group General Counsel

Place of Work: Liverpool

Contract Type: Fixed Term Contract

When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.

About the role

In your role as Compliance Advisory you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to assist with a range of compliance matters, including managing compliance systems, assisting with Compliance MI, and both Public Markets and Private Markets advisory.

You will administer compliance owned policies and procedures to ensure compliance with regulatory requirements. In addition, you will monitor and report on regulatory and industry developments as are relevant to the business of USSIM.

What you will be doing

As a trusted part of the Group General Counsel team you will be responsible for:

• Working principally with the Deputy Head of Group Compliance, Head of Public Markets Compliance Advisory, and other members of the Compliance Team - as required.
• Tracking applicable regulatory change, industry developments (for example best practices from trade associations) and apply and roll these out within USSIM as is relevant at the direction of the Group Head of Compliance.
• Tracking regulatory horizon developments in the UK as they relate to financial crime.
• Completing the annual USS Group (USSL, USSIM, FCA registered SPVs) Financial Crime Risk Assessments.
• Preparing the USSIM MLRO Report.
• Leading Compliance input to responses to external KYC requests.
• Leading on Compliance review and approval of corporate communications and member collateral.
• Leading on the submission of regulatory filings.
• Maintaining records relating to the Senior Management and Certification Regime.
• Assisting with updating and drafting policies, procedures and the USSIM Compliance Manual.
• Assisting with the provision of ad-hoc advice to the Public and Private Markets Groups.
• Assisting with the delivery of new joiner Compliance training.
• Representing Compliance as required on projects undertaken by the business, advising as appropriate on implications of regulatory change on business processes.
• Supporting ongoing surveillance of the activities of the Public Markets Group in relation to key regulatory processes, including MAR surveillance, best execution, allocations, sanctions lists, shareholding disclosures and filings, position limits, exceptions reporting, and maintenance of IT systems to manage these.

About you

We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.

To be successful in the role you will have:

• Thorough knowledge of the UK regulatory framework, including the UK’s measures to combat financial crime.
• Demonstrable experience of dealing with the regulatory change agenda in the asset management sector.
• Familiarity with public market asset classes; including equity, credit, fixed income, derivatives and alternative investments.
• Familiarity with policy writing.
• Excellent working knowledge of FCA rules and industry best practice relating to: FCA Conduct of Business rules, including the rules around dealing and managing and investment advice.
• SYSC (in particular SM&CR), SUP, and other key FCA Handbook requirements.
• Understanding of market abuse and financial crime (AML, ABC etc.).

At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others. We're also committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual's unique career path, driving this forward with the support of an engaged and proactive management team. Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture and excellent range of benefits!

How we will reward you

• Great starting salary
• Generous annual leave package
• Access to a high quality pension scheme provided through Universities Superannuation Scheme
• Supportive people policies (including enhanced occupational sickness pay and family friendly pay)
• Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
• Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership
• Learning and development opportunities to develop your skills, knowledge and talent
• Employee Volunteer Day’s to support the communities where you work and live
• Cycle to Work Scheme

Our culture and values

Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves. Our purpose firmly states the importance of members, putting them ‘front and centre’ of what we do. This is embedded through our values:

• Integrity
• Collaboration
• Excellence

About us

Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and higher education institutions in the UK. We work with around 330 employers to help build a secure financial future for more than 528,000 members and their families. We are one of the largest pension schemes in the UK, with total assets of around £75.5bn (at 31 March 2023). To find out more, please visit https://www.uss.co.uk

USSIM is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent. We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting resourcing@uss.co.uk.