Compliance Manager - Brokerage - UK Based

Star Anise Limited; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

An international brokerage firm is seeking a compliance manager in London. The role involves providing compliance support, advising on regulatory issues, and maintaining policies. Ideal candidates should have extensive experience in compliance, particularly within brokerage firms, with a solid understanding of regulatory requirements such as MiFID II and EMIR.

Qualifications

• Experienced compliance professional with brokerage firm experience.
• Practical knowledge of commodities derivatives markets.
• Strong understanding of LME, EMIR, MiFID II.

Responsibilities

• Provide compliance support and ensure policies are followed.
• Be the go-to person for compliance advisory questions.
• Update units on regulatory changes.

Skills

Practical knowledge of commodities derivatives markets

Strong knowledge of regulatory requirements

Knowledge of due diligence rules for corporate entities

Practical experience with FCA rules

Proactive in refining and enhancing policies

Team player capable of maintaining confidentiality

Ability to engage with front office and regulatory bodies

Job description

Our client, an international brokerage firm, is hiring a compliance manager to be based in London. Reporting to the Head of Compliance, this sole contributor role will:

1. Provide all-round compliance support and ensure compliance policies and procedures are up to date and followed.
2. Be the internal go-to person for day-to-day compliance advisory questions and a trusted adviser for business units and management.
3. Update business units regularly on regulatory changes and interpretations.
4. Collaborate and maintain good relationships with colleagues and external parties.
5. Serve as the compliance specialist in project teams for complex regulatory implementations, e.g., MiFID II, EMIR reporting requirements.
6. Assist with implementing and managing the compliance risk-based monitoring plan.
7. Support and guide business units in implementing solutions and tracking actions to completion.
8. Advise management on regulatory control matters.
9. Provide accurate and concise management information reporting.
10. Advise front office and approve trading and regulatory issues.
11. Conduct employee compliance training, including inductions, product education, and periodic refreshers.
12. Implement the SMCR certification process and related frameworks.
13. Manage standard compliance registers, including gifts/entertainment, online training, outside business interests, and annual declarations.

To qualify, you must be an experienced compliance professional, ideally with brokerage firm experience, with the following expertise:

• Practical knowledge of commodities derivatives markets, especially base metals, OTC commodities, and FX markets.
• Strong knowledge of regulatory requirements of LME, EMIR, MiFID II, SMCR, IFPR, and Dodd-Frank.
• Knowledge of due diligence rules for corporate entities.
• Practical experience with FCA rules including COBS, SYSC, MAR, and SUP.
• Proactive in refining and enhancing policies to support business expansion.
• A team player capable of working discreetly and maintaining confidentiality.
• Ability to engage regularly with front office colleagues, agents, and regulatory bodies.