Janus Henderson Investors Head of European Investment Management Advisory Compliance in London, United Kingdom
Janus Henderson Global Investors is a leading independent global asset manager, dedicated to delivering the best outcomes for clients through a broad range of actively managed funds.
We provide our institutional, retail and high net-worth individuals with access to skilled investment professionals representing a broad range of asset classes including, equities, fixed income, multi asset and alternatives.
We are a team of independent thinkers who work tirelessly to help our clients achieve their goals – and we do it by fostering an energetic and collaborative culture that ensures our people love the place they work.
Headquartered in London, Janus Henderson is a truly global asset manager with a diverse geographic footprint, managing assets from 27 offices globally and employing more than 2,000 staff.
Head of European Investment Management Advisory Compliance
The Compliance team comprises approximately 40 employees (excluding the Global Head of Compliance) who oversee all of JHI’s business activities in the UK, Europe, the United States, Asia and Australia.
The mission of the Compliance Department is to promote and encourage adherence to the regulatory obligations and rules to which JHI, management and staff are subject. The aim is to assist the group in developing a culture where its business is conducted within both the letter and spirit of the applicable laws and regulations in the interests of our customers and to minimise the risk of reputational damage or regulatory sanction. In achieving these objectives we will manage relationships with our regulators, provide advice and guidance to our business partners, monitor the activities performed by the group and provide training when required.
Overview of the role
This is a highly visible and critical role within the firm, responsible for delivering and overseeing all regulatory advice delivered to the front office. The main objective of the role is to lead the provision of advice and guidance to the front office on regulatory compliance matters
Duties and responsibilities
Provide timely guidance and advice to front office personnel on technical compliance queries as they arise on a daily basis.
Work with key front office representatives to lead the review and development of the firm’s front office control framework for 1 line and 2nd line of defence, including coordination with US and APAC businesses.
Advise the front office on the impact of regulatory developments, by engaging with project teams that implement satisfactory solutions.
Be the company SME on UCITS rules and eligibility assessments.
Work with other members of the Investment Management Compliance Function especially the Head of Investment Guideline Monitoring, Head of Trade Surveillance and Compliance Manager for Personal Account Dealing.
Represent the team on Committees.
Contribute to the overall management and success of the department.
Develop fruitful relationships in the Front Office for completing Compliance work to plan.
Train new and existing fund managers on polices and regulation as necessary.
Communicate effectively with front office employees.
Work with operational risk on related breaches as they arise.
Support the Head of European Investment Management Compliance with Management Information.
Report to senior JHI committees and boards and product boards.
Play a key role in working with IT and Operations in respect of required development and enhancement of the front office control environment.
Have the ability to leverage internal systems to perform transaction related queries.
Support the head of European Investment Compliance to ensure that the investment business receives relevant training for regulatory compliance issues.
Ensure that Front Office and Compliance policies and processes are developed and updated to meet the needs of JHI’s Investment Management teams and when regulatory changes arise.
Work with the Regulatory Developments team to keep up-to-date on regulatory change.
Carry out additional duties as assigned
From a technical standpoint, the role will cover the following areas of regulatory focus:
UCITS & COLL – including Luxembourg, UK and Irish collective investment scheme regimes
Conflicts of interest — including side by side management, personal account dealing and external business interests.
Conduct of business — allocation, reallocation and aggregation of trades, late trades, best execution, market conduct Investment eligibility.
Front Office and Compliance Policies, Senior Management Arrangements, Systems and controls.
Investment teams utilise a broad range of instrument types and therefore there is an expectation that the candidate has a strong understanding of investment instruments.
The jobholder must possess a high degree of credibility and be someone who brings demonstrable leadership and effective advice and management to this role. They must also demonstrate technical depth.
- Not initially
Technical skills, qualifications and competencies
Experience of a broad range of investment instruments and products
Technical expertise in the key regulatory issues and impacting JHI investment management, including but not limited to FCA COBS, MAR, COLL, MIFID, UCITS, AIFMD; Investment Company Act of 1940 rules
Industry experience: Significant experience of operating in a front office compliance environment, including significant experience with fund management and dealing functions
Leadership: sufficientleadership gravitas and experience to inspire and instill confidence within Compliance and across the rest of the business
Management: ability to oversee and manage other team members
Teamwork: the ability to work in multiple teams and leverage internal and external networks
Communication and gravitas: required to represent compliance to internal and external stakeholders
Problem solving: ensuring complex regulation and its impact is communicated effectively ensuring practical and efficient advice if provided
Change management: the ability to anticipate changes required to the systems environment and more generally across the investment guideline framework
Products: experience across a range of product and instrument types including UCITS, AIFs and US Mutuals
Good planning, organizational and prioritisation skills are essential
Ability to work effectively under pressure and meet tight deadlines
Ongoing competence in the role to be assessed, in line with applicable regulatory requirements, by:
Annual performance appraisal
Completion of all assigned compliance training
Annual attestation (Knowledge and Competence in-scope roles only)
At a minimum the role will require you to:
Place the interest of Janus Henderson’s Clients first and always act in accordance with TCF (Treating Customers Fairly) principles
Understand and follow laws and regulations applicable for your role, seeking the help of your supervising manager or Compliance if you would like further explanation or direction regarding this
Understand and abide by all Janus Henderson policies applicable to your role, and ask for the support/guidance of the policy owner if you are unsure at any time
You are ultimately accountable for your actions and responsible for seeking further information on any or all of the above as necessary.
For those in scope of Knowledge & Competence (MiFID II)
Knowledge of financial markets, financial markets function and the impact of economic figures and national/regional/global events on markets
Understanding of issues relating to market abuse and anti-money laundering
Janus Henderson Investors (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses where not supported by an employee’s job functions (as determined by Janus Henderson Investors at its sole discretion).
All applicants must be willing to comply with the provisions of Janus Henderson Investors' Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements, including past political contributions and political activities. Applicants’ past political contributions or activity may impact applicants’ eligibility for this position. Janus Henderson Investors is an equal opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. All applications are subject to background checks.