Langham Hall is one of the fastest growing businesses in the alternatives fund administration sector. It is also one of the last remaining owner managed businesses, providing premium quality accounting, administration and investor reporting services to private equity and fund clients.
Langham Hall has a dynamic management and leadership team, all of whom are involved in client work which ensures a rigorous focus on quality of client work and support for the teams. The group has a presence in the UK, Jersey, Guernsey, Luxembourg, Hong Kong, Singapore and New York and 800 staff administering more than $180bn of private equity and real estate funds.
Langham Hall is also a leading provider of AIFMD services, with depositary services safekeeping more than $150bn of assets. It is licensed as a Host AIFM and Depositary in the UK and Luxembourg in respect of private equity, real estate, debt and infrastructure funds.
The role
Langham Hall is hiring a new analyst in the Regulatory Hosting team to work on Appointed Representative (AR) services. We are a growing and collaborative team so are looking for someone who will be a good team fit. This role gives ample opportunities to undertake client facing work and develop key skills in communication, teamwork and lateral thinking. There is a strong training provision on the role as well as a generous provision for professional qualifications. This role does include elements of compliance, but the variation the role offers will provide a good foundation in client skills and communication, financial services regulation and fund universe, organisation skills and teamwork.
Whilst the role description gives an indication of the key attributes and skills which are beneficial, we focus on team fit and eagerness to learn, not a particular degree or amount of specific experience.
What you can expect to be involved in
- Be main contact for Appointed Representatives acting in illiquid asset classes e.g. real estate, private equity.
- Client relationship management including communication face-to-face, on the phone and via email.
- Assess risks posed by Appointed Representatives when we first onboard them and on an ongoing basis.
- Completion of the onboarding process for Appointed Representatives and Approved Persons including AML and KYC review, completion of forms to the UK Financial Regulator and review of financial information and analysis of financial position.
- Ongoing monitoring and oversight of all Appointed Representatives – ensuring that your ARs are operating as normal and within the parameters of the regulation, entailing the review of compliance reports and quarterly financial accounts provided by the appointed representative.
- Review of marketing materials relating to investment products to ensure that the contents are compliant with regulatory standards.
- Upkeep of client-related tracking systems.
- Work collaboratively with team to discuss solutions regulatory issues or queries through research and discussion.
- Assist in projects to improve service offering.
- Keep abreast of regulatory changes which may impact the team or Appointed Representatives.
- Update of policies and procedures to ensure that they remain compliance and appropriate for the work the team does.
- Accurately document sensitive and or technical conversations between Appointed Representatives or their advisors and senior management, in relation to AR regime or relevant regulatory changes.
- Ensuring that all permanent files are adequately maintained for new and existing Appointed Representatives.
- Delivering work to the expected standard and timeframes.
In addition to the duties listed above, the candidate may be requested to perform other ad hoc work from time to time.
Technical knowledge / skills required / qualifications
- Education to degree level (2:1 and above desirable).
- With a minimum of 3 A-levels at grade B.
- Previous experience in FCA regulation would be an advantage however is not essential.
- High level understanding of the Appointed Representative regime would be an advantage however is not essential.
- An understanding of the principles of control frameworks and risk management processes.
- Ability to present information and respond to questions from within the team and from clients.
- Excellent attention to detail and an inquisitive mind-set.
- Ability to think laterally about the practical application of the FCA rules and regulations.
- Ability to solve practical problems and deal with a variety of situations for which there may be little precedent.
- Ability to work in a small team environment with focused and hardworking individuals.
- Ability to plan effectively and prioritise workload.
- The individual must have excellent interpersonal, organisational and communication skills.
- Strong numeracy and written communication skills.
- Strong MS Office skills.
Benefits
- Health Insurance (after passing your probation period);
- Discounted gym membership;
- Pension of 5% employer – 4% employee;
- Cycle to work scheme;
- Full study support from Day 1; and
- Numerous wellbeing initiatives/platforms.
