Compliance Manager

Compliance Professionals; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Compliance Officer to enhance regulatory compliance and financial crime prevention. This role involves supporting the Head of Compliance in establishing policies, overseeing compliance monitoring, and ensuring adherence to Consumer Duty objectives. The ideal candidate will have extensive experience in financial services, particularly within Retail Brokerage or CFDs, and a strong understanding of the UK regulatory framework. Join a dynamic team where your expertise will help shape compliance practices and foster a culture of regulatory awareness across the organization.

Qualifications

• 5+ years in financial services, ideally in Retail Brokerage/CFDs.
• Experience with Consumer Duty, SM&CR, and Market Abuse.

Responsibilities

• Support HoC in maintaining compliance policies and procedures.
• Oversee Compliance Monitoring Plan and provide remediation recommendations.
• Liaise with business areas on regulatory matters and new initiatives.

Skills

Regulatory Compliance

Financial Crime Prevention

Consumer Duty

SM&CR Knowledge

Market Abuse Understanding

Client Complaint Handling

Communication Skills

Analytical Skills

Job description

THE COMPANY: Our client is a leading online multi-asset brokerage firm, specializing in FX/CFD products. This role will report directly to the Head of Compliance. THE RESPONSIBILITIES:

• Provide support to the HoC to establish and maintain appropriate policies, procedures, systems and controls in relation to regulatory compliance and financial crime for the UK entity.
• Oversee the implementation of the Compliance Monitoring Plan to assess those systems and controls, and provide recommendations for and oversight of remediation where required.
• Liaise with all areas of the business to provide sound advice and guidance in relation to regulatory matters and consider the regulatory risks associated with new business initiatives including new products.
• Provide compliance awareness and training across the firm as required.
• Prepare relevant MI to the Board, including KRIs/KPIs and attend relevant committees where required.
• Ensure the firm adheres to its Consumer Duty objectives and take responsibility for ongoing actions for the embedding of the Duty.
• Take responsibility of the firm’s SM&CR processes and ensure the firm adheres to its set policies and procedures.
• Effectively deal with any complaints raised by clients and any subsequent interaction with the Financial Ombudsman Service.
• Lead, participate and manage ad-hoc thematic reviews, projects and investigations as required.
• Develop and strengthen relationships across the firm to promote best practice and ensure a good understanding of the regulatory framework within which the firm must operate.
• Consider all suspicious activity reports and where appropriate make and/or oversee both STOR and SAR filing to external authorities.
• Keep up to date with key changes to regulation and legislation including regulatory actions that will impact the business.
• Liaise with law enforcement and regulators to resolve any relevant issues when required.

EXPERIENCE REQUIRED:

• 5 years financial services experience and/or knowledge of the UK and/or European regulatory regime – ideally from a Retail Brokerage/CFDs firm
• Compliance experience gained within a similar organisation. (Retail Brokerage/FX/CFDs firm)
• Consumer Duty, SM&CR, Market Abuse experience/knowledge
• Thorough understanding of the legal and regulatory frameworks in which the firm operates.
• Ability to grasp new and often complex concepts quickly
• Ability to work under pressure and to fixed deadlines.
• Ability to explain regulatory requirements and advanced compliance concepts clearly and concisely.
• Knowledge of FX/CFD products an advantage.

For further information please contact Hannah Tabatabai