Compliance Officer

Cameron Hume (“the Firm”) is the leading independent fixed income manager. Founded in 2011 by Guy Cameron and Christian Torkington, the Firm has grown to 11 staff managing assets of GBP600M. The Firm anticipates further growth and now wishes to appoint a Compliance Officer, to play a broad role in helping the Firm to both comply with regulatory requirements and achieve best practice in other aspects of investment management and sustainability.

The Candidate

The candidate will have a broad experience of financial services compliance, ideally within the investment management industry. Reporting directly to the Managing Director, the candidate will bring a strategic and commercial approach to compliance, thinking first of clients and secondly of the Firm and its staff. Critical success factors for the role will be the curiosity required to scan for emerging regulatory issues of significance and the initiative to help the Firm prepare for such issues in a smart and efficient way.

The Firm takes a broad view of compliance, considering not only regulatory and legal issues, but also financial compliance, compliance with best practice and, critically, compliance with an increasing range of responsible investing and sustainability norms and standards. The right candidate will relish the challenge of learning about emerging norms and standards and helping to translate those into practical policies that will benefit the clients of the Firm and help the Firm to achieve best practices.

The Firm is willing to consider a wide range of candidates: candidates who may be very experienced and more mature in their career; and candidates who may be able to demonstrate strong career momentum and are now ready to take the next step.

Given the size and nature of the Firm, this role would be suited to a candidate who wishes to work part time, possibly within a school hours/term time contract.

Location and Remuneration

The role is based at the Firm’s offices in central Edinburgh. The Firm envisages that there may be occasional business travel that can be planned in advance.

Remuneration will depend on the detailed skills and experience of the successful candidate. The Firm aims to pay an attractive salary (pro-rated for part-time working) with short-term bonus and a longer-term equity-based opportunities.

Recruitment

Selection will be via interview. Candidates will be asked to evidence how they meet the job description and the Firms competencies, with reference to their past experience. There will also be a technical interview.

Candidates should submit a cover letter and current CV to Christian Torkington, Managing Director at chris.torkington@cameronhume.com.

The deadline for applications is 14 December 2018.

Job Description

Job Title:Compliance Officer
FCA Approved:Yes, CF10, CF11
Reports To:Managing Director
Qualifications and experience required:Broad experience of financial services regulation, compliance, risk and money-laundering reporting. Knowledge of best practices in investment management. An understanding of sustainable investing, and the relevant standards and norms. Tax, legal and financial management experience, and a legal or financial qualification desirable.
Purpose of role:Ensuring that the Firm complies with legal, regulatory responsibilities and meets the requirements of the standards and norms to which it subscribes.
Primary responsibilities:All aspects of regulatory compliance and reporting in the jurisdictions in which the Firm has authorisations (currently UK, Ireland, Australia). Role is to include:
• Tracking regulatory developments and ensuring the Firm remains compliant with best practice.
• Regulatory reporting and disclosure.
• Maintenance and development of the compliance manual and other relevant policy documents.
• Oversight of external relationships in respect of regulatory requirements, e.g. KYC, SYSC.
• Compliance monitoring.

In addition, the jobholder will be responsible for identifying emerging de facto and voluntary standards that the Firm may wish to subscribe to. and managing compliance with and reporting requirements of such voluntary standards and norms including, but not limited to UNPRI, Global Compact, IMA Code of Conduct, RIAA.

The main areas covered by Compliance and detailed in the Company’s compliance manual are:
• Customer treatment.
• Training and competence.
• Conflicts of interest.
• Inducements.
• Conduct of investment business.
• Personal account dealing.
• Call recording.
• Money laundering.
• Advertising and promotions.
• Complaints and breaches.
• Remuneration code.

The jobholder is responsible for ensuring that there are appropriate policies, systems of control and records in place to manage and monitor these key regulatory areas.

The jobholder will also be responsible for data privacy and security and compliance with the requirements of GDPR.
Key external interfaces:FCA, UNPRI, ICO, other regulators and standard-setting bodies, regulatory consultants, lawyers, accountants and auditors.
Client focused – doing the best for clients at all timesOpen up investment management service in a way that the industry refuses to do. Clients not used to this approach, give them something different, give them a different experience. Show them what could be done and what exceptional service looks like.
Doing the best for clients at all times.

Consultation and collaboration:
Consultation – understand current problems, understand where we think we can help, how we are going to do it, provide a solution.
Collaboration – explain investment decisions in a meaningful way. Provide a service that currently doesn’t exist.

Open minded to client needs and requirements – listening and responding with new proactive ideas, solution driven ideas.
Manage client expectations – performance of investment, no surprises. Continual updates and ensuring clients are continually informed.
High integrity – always doing the right thing Always exercise honesty with clients and prospective clients. This doesn’t simply mean the obvious, don’t lie. As in a court of law we should adhere to telling ‘the truth, the whole truth and nothing but the truth. This principle must be observed even if it means having difficult conversations or would result in our jobs becoming more challenging-Always go that extra mile. Leave no stone unturned and don’t cut corners

We believe this level of integrity is not always demonstrated by our peers and when clients understand our commitment in this area it will serve as a differentiating factor for us.

This principle extends beyond our behaviours and treatment of clients. For example, it is also demonstrated by the enormous efforts that are going in to ensuring system and data integrity.
Constant learning – aspire to be the best we can and always improveWhat, why, how, where we went wrong?

Continually striving to get better.

Remaining curious. Recognising that we can always learn from new experiences and from others. Reading around the subject.

Thinking laterally and thinking outside the box. Connecting previously unconnected ideas.

Always meeting our specific professional and regulatory learning objectives.

Listening and being open-minded. Prepared to change our minds.
Acting with conviction – show our beliefs and passion, always do our bestExhibit confidence and conviction when presenting the overall Cameron Hume proposal.

Demonstrate confidence in our ability to service the fixed income requirements of sophisticated institutional investors.

Demonstrate a willingness to work with our clients to develop innovative solutions and build meaningful long term relationships.

Take the initiative to provide all relevant information, even when communicating to our clients about a problem, mistake, or other difficult situation.

Set an example by behaving in a way that is consistent with our culture, values and principles.

Demonstrate an understanding of our strengths as compared to our competitors.

Demonstrate a desire to keep clients informed about developments in fixed income markets.
Working as a team – communicative, listening, respectful and challengingWe understand the strategy of Cameron Hume and how objectives of individuals will contribute to its success.

We are open minded to new ideas and suggestions towards a more nuanced approach within existing processes.

We share actions and views taken or held within the investment committee to whole team.

We understand how the goals of each individual align with the rest of the team.

We have a listening approach, engendering a supportive problem-solving culture.

Privacy Policy – Recruitment

Cameron Hume Limited (the Company) respects your right to privacy and we will treat your personal information as confidential.

We are committed to protecting and respecting your privacy. This policy sets out the basis on which any personal data we collect will be processed by us during our recruitment process. Please read this privacy policy carefully to understand our views and practices and your rights regarding your personal data.

For the purpose of data protection legislation, the data controller is Cameron Hume Limited, Exchange Place 1, 1 Semple Street, Edinburgh EH3 8BL. If you have any queries, complaints or requests please contact our Data Protection Compliance Manager at ramesh.srinivas@cameronhume.com.

  • What information do we collect from you?
  • Why do we collect this information?
  • How long do we keep hold of your information?
  • Who might we share your information with?
  • How is your data stored and kept secure?
  • What are your rights?
  • Changes to this Policy
  • Contact Us

 

What information do we collect from you?

We will collect and process the following data about you:

  • Information you give us. This is information about you that you give us when you apply for a vacancy, online or directly, or correspond with us by phone, email or otherwise. The information you give us may include your name, address, email detail, telephone numbers, information about your eligibility to work in the UK and copies of proof or right to work documentation, date of birth, work history, references, current salary level including pension and benefits entitlements, skills, qualifications and professional memberships.

The information may be provided by you directly, over the telephone or in meetings, or from CV’s, covering letters and references that you supply to us. We will also collect personal data from interview notes as part of the recruitment process. Information may also be provided to us by recruitment agencies or head hunters.

We may also collect, use and process the following special category of your personal information during the recruitment process -whether or not you have a disability for which the Company needs to make reasonable adjustments during the recruitment process.

  • Information we collect when you call us. If you call us we will automatically collect the following information:
    •           the phone number used to call us,
  • Information we receive from other sources. We may work closely with other organisations, including:
    • Recruitment Agencies
    • Head-hunters
    • Universities
    • Third party recruitment links and websites

Other than the third parties listed the firm will only seek other personal information from third parties once an offer of employment has been made to you and we will inform you that we are doing so.

Why do we collect this information?

We use this information in the following ways:

  • Information you give to us. We use this information:
    • for recruitment and selection, screening, interviewing and assessment of candidates.
    • to comply with statutory requirements to check your right to work in the UK.
    • to comply with the duty to make reasonable adjustments for disabled job applicants and with other disability discrimination obligations.
  • Information we collect from your use of the site. We will use this information for the following purposes:
    • to administer our site and for internal operations, including troubleshooting, data analysis, testing, research, statistical and survey purposes;
    • to improve our site to ensure that content is presented in the most effective manner for you and for your device;
    • as part of our efforts to keep our site safe and secure.
  • Information we receive from other sources. We use this information:
    • for recruitment and selection, screening, interviewing and assessment of candidates.

How long do we keep hold of your information?

We will keep information about you for as long as is required to complete the recruitment process:

  • Personal data for candidates who gain employment with us will be retained on their personnel file for the duration of their employment and for six years after leaving.
  • Personal data collected from candidates who gain employment with us in connection with the legislative requirement to check eligibility to work in the UK will be retained in a secure file for the duration of their employment and for two years after leaving.
  • Personal data for candidates who are unsuccessful or for candidates sent on ad-hoc basis will be retained for two years after the vacancy has been filled for consideration for any vacancies that may arise within that time.
  • Personal data collected from candidates in connection with the legislative requirement to check eligibility to work in the UK, who are invited to interview but are unsuccessful will be destroyed as soon as a job offer has been made.

Who might we share your information with?

You agree that for the purposes set out in the ‘Why do we collect this information?’ section above, we have the right to share your personal information with:

  • Staff within the Company and recruiting managers for the purpose of interviewing and selection.
  • We may need to discuss with the UK Border Agency, the papers you submit in connection with the legislative requirement to check your eligibility to work in the UK.

Other than as detailed above your data will not be shared with any third party outside of the Company.

How is your data stored and kept secure?

At Cameron Hume, we take your safety and security very seriously and we are committed to protecting your personal information. All information kept by us is stored on our secure servers and any backups stored offsite are protected.

Any personal data kept in hardcopy is held within secure filing with restricted access.

What are your rights?

Where processing of your personal data is based on consent, you can withdraw that consent at any time.

You can exercise these rights at any time by contacting our Data Protection Compliance Manager at Cameron Hume Limited, Exchange Place 1, 1 Semple Street, Edinburgh EH3 8BL, or ramesh.srinivas@cameronhume.com.

You have the right:

  • to request from us access to personal information held about you;
  • to ask for the information we hold about you to be rectified if it is inaccurate or incomplete;
  • to ask for data to be erased provided that the personal data is no longer necessary for the purposes for which it was collected, you withdraw consent (if the legal basis for processing is consent), you exercise your right to object, set out below, and there are no overriding legitimate ground for processing, the data is unlawfully processed or the data needs to be erased to comply with a legal obligation;
  • to ask for the processing of that information to be restricted if the accuracy of that data is contested, the processing is unlawful, the personal data is no longer necessary for the purposes for which it was collected or you exercise your right to object (pending verification of whether there are legitimate grounds for processing);

Should you have any issues, concerns or problems in relation to your data, or wish to notify us of data which is inaccurate, please let us know by contacting us using the contact details above. In the event that you are not satisfied with our processing of your personal data, you have the right to lodge a complaint with the relevant supervisory authority, which is the Information Commissioner’s Office (ICO) in the UK, at any time.  The ICO’s contact details are available here: https://ico.org.uk/concerns/.

Changes to our privacy policy

This policy may be updated from time to time. Please check back frequently to see any updates or changes to our privacy policy.

Contact us

Questions, comments and requests regarding this privacy policy are welcomed and should be addressed to:

The Data Protection Compliance Manager
Cameron Hume Limited
Exchange Place 1
1 Semple Street
Edinburgh
EH3 8BL

Or by email to: ramesh.srinivas@cameronhume.com

Equal Opportunities Statement

Cameron Hume Limited is committed to eliminating discrimination and encouraging diversity amongst our workforce. We aim to provide quality and fairness for all job applicants and employees and not to discriminate on grounds of gender, marital status, sexual orientation, transgenderism, age, race, ethnic origin, religious conviction or disablement. We oppose all forms of unlawful treatment and discrimination.

Our aim is for the company to be representative of all sections of society and that each employee feels respected and able to give their best. We are committed to a policy of treating all our employees and job applications equally.

Equal Opportunities Statement

Cameron Hume Limited (“The Company”) is registered in Scotland (company number SC408024) and has its registered office at Exchange Place 1, 1 Semple Street, Edinburgh, EH3 8BL. The Company is authorised and regulated by the Financial Conduct Authority (FCA Register Number 579495).

The information in this document does not purport to be comprehensive and it has not been independently verified as to its accuracy. This document does not in any way constitute advice or recommendations in any jurisdiction, nor does it form the basis of a contract. The information in this document does not purport to be comprehensive and it has not been independently verified as to its accuracy.

This document is intended to provide basic introductory information about Cameron Hume Limited. Whilst the information in this document has been prepared and compiled sincerely, no representation or warranty, express or implied, is given by the Company or its officers, employees, agents or advisers in relation to the accuracy or completeness of the information in this document or any other written or oral information which has been made available by the Company (or its officers, employees, agents or advisers) to you, your employees, agents or advisers and any such liability is expressly excluded. The Company does not give any undertaking, or accept any duty, to update the information contained in this document or correct any inaccuracies in it which may become apparent.

The Company accepts no liability for the content, accuracy or completeness of this material or for the consequences of any actions taken on the basis of the information contained in this document. You should not rely on this document and should take your own independent legal, financial, tax and other professional advice as required.

Investment markets can go down as well as up and market conditions can change rapidly. The value of an investment, and any income from it, can fall as well as rise. Investors may not get back the amount invested and the investment value, and associated income, can reduce to nil. Past performance is not a guide to future returns.