Head of Public Markets, Compliance

About Schroders We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.

The base We moved into our new HQ in the City of London in 2018. We're close to our clients, in the heart of the UK's financial centre and we have everything we need to work flexibly.

What you'll do Highly experienced senior Compliance leader with deep Public Markets expertise and a proven track record operating across a complex global asset management business such as Schroders.

Strong technical knowledge of Public Markets regulation, including investment management, trading, market conduct, market abuse, conflicts, best execution, product governance, disclosure, client outcomes, cross-border activity and senior management accountability.

Strong understanding of fund structures and related regulatory requirements across Schroders' Public Markets platform, including UCITS, AIFs, ETFs, segregated mandates, pooled vehicles, feeder structures, sub advised arrangements and cross border distribution models.

AIFMD proficiency, including practical understanding of AIFM responsibilities, delegation and oversight, depositary interaction, valuation, liquidity management, leverage, disclosure, reporting, marketing and jurisdictional implementation considerations.

Strong working knowledge of investment and operational processes across the asset management lifecycle, including mandate onboarding, portfolio construction, order management, trade execution, allocation, settlement, investment restriction monitoring, breach management, valuation, corporate actions, outsourcing and third party oversight.

Knowledge of regulatory expectations across multiple Schroders jurisdictions, including the ability to understand differences between UK, EU, US, Asia Pacific, Middle East and other local regulatory regimes and translate them into practical global standards.

Strategic thinker able to anticipate regulatory and business developments, shape the global Compliance agenda and translate complex regulatory expectations into practical, risk based operating standards.

Proven ability to influence executive stakeholders, challenge senior business leadership constructively and operate effectively across global, regional and local Compliance structures.

Strong judgement, commercial awareness, regulatory credibility and the ability to produce concise, executive ready reporting and recommendations for the CCO, senior committees and regulated entity boards.

Discharge of responsibilities The role holder shall ensure that all their responsibilities are performed to the highest levels of integrity, quality and transparency and in a manner most likely to promote the success of the Schroders Group, taking into account the interests of key stakeholders including clients, employees, regulators, suppliers and society as a whole.

In discharging their principal responsibilities, the Head of Public Markets Compliance shall establish appropriate governance structures for all areas under their control and will hold the following responsibilities:

• Global Public Markets Compliance strategy: Define and lead the global Compliance strategy for Schroders' Public Markets business, ensuring the function provides proactive, risk based and commercially aware oversight, advice and challenge across all Schroders jurisdictions, regulated entities and Public Markets activities.
• Senior business advisory and challenge: Act as the senior Compliance adviser to Public Markets ExCo, providing strategic input and independent challenge on investment, trading, portfolio management, research, product, fund governance, distribution, technology, outsourcing and operating model developments.
• Fund structures and product governance: Provide senior Compliance oversight of regulatory requirements applicable to Schroders' Public Markets fund structures, including UCITS, AIFs, ETFs, pooled funds, segregated mandates, feeder structures, sub advised mandates and cross border distribution models, ensuring product governance, disclosure, client outcome and distribution requirements are appropriately embedded.
• AIFMD and fund management oversight: Provide strategic oversight of AIFMD related obligations relevant to Public Markets, including AIFM governance, delegation and oversight, depositary arrangements, valuation, liquidity management, leverage, risk management interfaces, reporting, investor disclosure, marketing and cross border implementation considerations.
• Global standards and local implementation: Establish clear global standards for Public Markets Compliance, ensuring regional and local Compliance teams adapt and implement those standards in a way that reflects jurisdictional requirements, regulatory expectations, fund domicile considerations and entity level accountability.
• Public markets risk oversight: Provide senior oversight of Public Markets Compliance risks, including market abuse, insider information, conflicts of interest, personal dealing interfaces, inducements, best execution, trade allocation, order handling, investment restrictions, mandate compliance, valuation related conduct risks, cross trades, product governance, disclosure and fair client outcomes.
• Operational process oversight: Understand and provide Compliance oversight of key investment and operational processes across the Public Markets lifecycle, including mandate onboarding, portfolio construction, pre and post trade controls, order management, execution, allocation, settlement, investment restriction monitoring, breach management, valuation, corporate actions, outsourcing, vendor dependency and third party oversight.
• Market conduct and surveillance: Oversee the effectiveness of market conduct frameworks, restricted lists, watch lists, trade and communications surveillance, escalation processes, investigation standards and governance of potentially suspicious activity or material conduct issues.
• Regulatory change and horizon scanning: Provide strategic oversight of regulatory change impacting Public Markets globally, including changes affecting fund structures, market structure, trading, distribution, disclosures, sustainability, product governance, operational resilience and cross border business, ensuring developments are assessed, prioritised, implemented and reported through appropriate governance.
• Compliance assurance, monitoring and testing: Shape and oversee Public Markets related assurance, monitoring and testing activity globally, ensuring plans are risk based, cover material investment, trading, fund governance and operational processes, and that findings are escalated with remediation tracked to completion.
• Governance, reporting and escalation: Provide clear and insightful reporting to the CCO, senior management, governance committees and regulated entity boards on Public Markets Compliance risks, jurisdictional developments, fund governance matters, incidents, assurance outcomes, control weaknesses and remediation progress.
• Leadership and global coordination: Lead, coordinate and develop Public Markets Compliance capability across global, regional and local teams, ensuring effective prioritisation, consistent standards, strong connectivity and clear accountability across Schroders jurisdictions.
• Regulatory engagement: Support the CCO and local senior managers in engagement with regulators on Public Markets matters, including supervisory reviews, information requests, thematic work, regulatory inspections, cross border queries and material issue management.

Reporting Obligations In discharging their responsibilities, the role holder shall:

Ensure the CCO is made aware of material public markets compliance risks, regulatory developments, control weaknesses, conduct issues, assurance findings and matters requiring senior management, committee, board or regulatory attention.

Provide clear escalation, recommendations and action tracking for public markets matters requiring remediation, governance approval, regulatory engagement or cross jurisdictional coordination.

Provide to the CCO an annual assessment of the global Public Markets Compliance framework, including progress against strategic priorities, assurance outcomes, regulatory change delivery, emerging risks and capability development across jurisdictions.

Committee Memberships Where applicable, the role holder must fulfil his/her responsibilities for their Committee Memberships

Public Markets ExCo

Sustainability Change ExCo

Relevant regulated entity boards, risk committees or management committees, as required

Any other committees as delegated by the CCO

The knowledge, experience and qualifications you need Extensive senior Compliance experience within a global asset manager, with deep technical expertise in Public Markets, including equities, fixed income, multi asset, quantitative, systematic or other liquid investment strategies relevant to Schroders' investment platform.

Proven experience operating across multiple Schroders jurisdictions or comparable international regulatory environments, with strong knowledge of UK, EU, US, Asia Pacific, Middle East and other local regulatory expectations relevant to investment management . click apply for full job details