Compliance Officer

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Wellington Management Company, LLP
  • 17 Nov 18

Compliance Officer


Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 50 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

We are seeking an individual with a deep understanding of investment instruments (transferable securities, indices, options, swaps) and how they can be used in portfolios with a particular focus on the UCITS regulatory framework. That individual will play an important role in helping our business to recognize issues as we take on new mandates and use new strategies as well as having a key role in making sure that we meet our responsibilities for complying with the rules on an ongoing basis. This is a new position and is a reflection of our growth and the increased complexity in our investment products and client requirements.

We will consider clients from a wide variety of backgrounds.  The candidate is likely to come from a Compliance, Risk Management, Product Management or Guideline Monitoring background.

This role will be based in our London office.

The Compliance Director will be responsible for providing advice to various business functions as the second line of defence within our framework for complying with our client guidelines. There will be a particular focus on the UCITS regime and the suitability of specific instruments and investment strategies pre-trade eligibility assessments. The Compliance Director will provide subject matter expertise on matters related to UCITS and other client guidelines that derive from EU, Swiss and Middle Eastern regulatory regimes from the inception of new product through to the implementation of trades by the portfolio management teams


The role is new and integral to Wellington's efforts to buildout the infrastructure around the governance of mandates for our clients.

Responsibilities will include but not be limited to:


   Partnering with the investment teams to provide guidance and advice on UCITS eligibility

   Reviewing client Investment Management Agreements, Prospectuses, Guidelines, RFPs and the like for potential regulatory issues with the investment strategies that the team uses.

   Monitoring and providing advice to the business on new opportunities and product ideas

   Interacting with clients when relevant guideline compliance issues (with a regulatory angle) are raised

   Providing Training to the business as appropriate

   Building connections within the  industry to assess marketplace and regulatory changes developments

   Over time ensure compliance with new investment risk regulations that will impact clients based in the EMEA region

   To be an integral part of UCITS Focus Group, and Future State initiatives in conjunction with our efforts to evolve the support of our UCITS efforts

   Work closely with the Guideline Monitoring Analysts (no direct management responsibilities). The role does not include the coding or testing of trades within the Sentinel Compliance system that the firm uses for pre trade compliance but the Director will work closely with that team. Liaising with Guideline Monitoring on the ongoing compliance of portfolios and providing advice where there are potential breaches of guidelines

   Working on other Compliance projects as appropriate.

         The successful candidate will have significant experience ideally gained within another blue chip Investment Management firm.

         The most important qualification is a deep knowledge of portfolio management techniques across asset classes and how various instruments and strategies are used to meet client requirements

         Knowledge of regulations that impact WMIL's client base is also required. We would need the candidate to have a good understanding of UCITS and how it can be applied / industry best practice. We would not expect the candidate to know all relevant regimes but to build their knowledge over time

         Knowledge of guideline systems would be beneficial

         Strong ethics, judgment and maturity

         Effective communication, organisation and analytical skills

         Proactivity, self-motivation and ability to work independently as well as in a team environment

Compliance Officer



As an equal opportunity employer, Wellington Management considers all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at .