Compliance Officer and DP Distribution

Compliance Officer:

• Assisting/ delivering an annual compliance monitoring and business plan to the Board/ or Senior Leadership Team as required
• Carrying out compliance risk assessments to enable a risk-based approach to the scope of the monitoring programme and the establishment of priorities to ensure that compliance is comprehensively monitored
• Conducting and overseeing internal reviews and periodic testing to ensure that compliance procedures are followed. Working with internal audit on testing of compliance framework and controls
• Maintain compliance logs (e.g., conflicts of interest, PEP, connected and related parties)
• Manage compliance calendars and manage and oversee CBI Portal reporting and filing
• Assist with regulatory change and interpretation, drafting regulatory updates
• Drafting and maintaining adequate policies & procedures, guidance and checklists to ensure compliance with TMF’s legal & regulatory obligations
• Liaise with MLRO and work on MLRO projects, maintain client AML CDD on Fenergo
• Deliver timely reporting to Board, CBI, senior management, clients and group Compliance as required and attend at board meetings
• Manage Fitness & Probity / IAF reporting
• Drafting and delivering local Compliance training
• Monitor fund activities to ensure compliance with applicable regulatory requirements, fund prospectuses, and internal policies
• Investigate compliance breaches, monitor remediation actions, and escalate material issues where appropriate
• Preparation of quarterly reports to the Board
• Attendance and presentation to Board of Directors
• Record keeping distribution agreements/distribution channels
• Ensuring compliance with CBI regulatory procedures
• Maintenance of Records

Designated Person (PCF-39E) for Distribution, a CBI-regulated:

The role involves client interaction, independent work within a team, and supporting operational compliance. Most funds are closed-ended and not actively marketed, though growth in distribution activities is expected. DP appointment is subject to CBI Clearance

Key Responsibilities

• Oversight of Distribution where delegated (delegates)
• Performance of Distribution (where retained)
• Quarterly reports to the Board
• Attendance and Presentation to Board of Directors (Draft Distribution Memo to Board of Directors (new fund/ sub-fund launch/ revised distribution strategy – templates available for use)
• Record keeping distribution agreements/ distribution channels
• Ensuring compliance with CBI regulatory procedures
• Dissemination of Pre-marketing material/ Marketing Material
• Maintenance of Records