Compliance Specialist

Role summary

A key member of the European compliance team, this compliance multifaceted specialist role ensures the smooth compliance and supervision of our distribution, sales and marketing activities, across Europe and Asia. In-depth knowledge of financial services is required with proven experience of the European and Global investment management regulatory environment.

There are two main areas of responsibilities:

• The administration of our Luxembourg Funds is core to our business across Europe and Asia. Capital Group Luxembourg Funds are registered in a number of countries and distributed worldwide ex-US. The Compliance Specialist is responsible, under the oversight and instruction of the associate leading the Fund Registration function and other senior members of the European Legal and Compliance department, for the registration and maintenance of the Luxembourg Funds outside the US in compliance with local laws and regulations.

• Responsible for ensuring compliance of fund and client promotional activities (marketing campaign, digital, social media, roadshow) with MiFID, UCITS/AIFMD and the FCA handbook, tracking requests, reviewing materials and providing feedback. Assist in creating, reviewing, and implementing compliance guidance for marketing activities in Europe and Asia.

• Processes new registration of Funds and Share Classes including active, decision-making contribution to Funds related projects at European and Asian level;
• Ongoing maintenance of fund registrations outside of the US, including the preparation and provision of necessary documentation (i.e., prospectus update), publications and interaction, directly or indirectly, with local counsel, external service providers and relevant authorities;
• Assesses regulatory impact of cross-border fund registration on the Luxembourg Funds features (i.e. ESG, Use of derivatives, investment guidelines,…)
• Identifies regulatory changes that may impact the Funds;
• Researches, analyses and communicates on the requirements pertaining to the promotion of funds in various jurisdictions in support of business objectives and marketing activities;
• Oversees and manages outside service providers from a service quality and cost point of view (i.e., invoices, fees estimation and coordination with internal stakeholders);
• Prepares regular reporting of the fund registration status.

• Responsible for the compliance review of fund and client promotional / marketing materials. Keeping track of incoming requests, providing feedback in relation to FCA / MiFID / UCITS / AIFMD rules and identifying the wider benefit of the feedback provided.
• Assist in the creation, review and implementation of new compliance guidance for all marketing team activity (both in Europe and Asia); encompassing a broad remit which includes events and inducements.
• Assisting in the regulatory watch of all of the above matters.
• Provide training to local associates on the above matters, where relevant.
• Assists management with identifying issues and initiating potential solutions.

• In-depth knowledge of financial services required with proven experience of the European and Global investment management regulatory environment.
• A curious and enquiring mindset, with the ability to analyse, assess and make judgements on regulations.
• Happy to challenge the status quo.
• Brings energy and enthusiasm to the environment.
• Strong commitment to quality, accuracy and attention to detail.
• Effective written and oral communications skills with team members and managers.
• Instills trust and has the ability to maintain a high level of confidentiality and integrity.
• Ability to utilize technology to enhance and automate, refine, and streamline processes.

• University degree, of which a Compliance degree or other relevant certification is a plus;
• 3-4+ years of relevant compliance, risk or audit experience in the financial industry (asset management, mutual funds or banking), or within a consultancy and/or audit firm;
• Previous experience in oversight of financial promotion and/or cross-border compliance (UCITS/AIF, MiFID, FCA handbook) is a plus;
• Able to speak, draft and work in English; second language a preference.