Compliance Manager, Compliance

CLSA; City Of London; On-site; GBP 55,000 - 75,000; Full time

Job summary

A financial services firm in London is seeking a Compliance Manager to oversee compliance for its derivative clearing operations. You will formulate policies, liaise with regulatory authorities, and ensure adherence to UK and EU regulations. Ideal candidates have experience in compliance roles and knowledge of global futures business regulations. Strong communication, analytical skills, and team collaboration are essential. This role significantly impacts business integrity and compliance success.

Qualifications

• Experience in compliance, reporting, or regulatory operations role is desirable.
• Extensive knowledge of regulations applicable to global futures business.
• Familiarity with FCA rules and Market Abuse Regulation.

Responsibilities

• Provide compliance support for the derivative clearing business.
• Formulate and review internal compliance policies.
• Liaise with regulatory authorities and handle exchange applications.
• Maintain adherence to UK and EU regulations.
• Lead development of the client derivative trading activity surveillance programme.

Skills

Knowledge of global futures business regulations

Strong communication skills

Analytical skills

Team player

Education

Degree level education

Job description

Position Description

As the Compliance Manager you will play a crucial role in ensuring the company's compliance with regulatory requirements for its derivative clearing business. Responsibilities include formulating policies, liaising with regulatory authorities, and monitoring adherence to UK and EU regulations. Your expertise in global futures business regulations, derivatives, and strong communication skills will be vital for maintaining a cohesive compliance framework. This dynamic role offers the opportunity to contribute significantly to the success and integrity of the business through enhancing surveillance systems and driving regulatory compliance initiatives.

Key Areas of Responsibilities

• Provide compliance support to start up the company's derivative clearing business.
• Formulate and review internal compliance policies and procedures to guide the company's futures business.
• Liaise with relevant regulatory authorities such as trading venues, clearing houses, handle exchange membership applications and follow up queries.
• Collaborate with the business, other departments and external counsels to ensure a cohesive compliance framework.
• Proactively monitor compliance with relevant UK and EU regulations, including the Financial Conduct Authority (FCA) rules, Market Abuse Regulation (MAR), relevant exchange rules and other legislation applicable to derivative trading and clearing activities.
• Collaborate with other departments to ensure a cohesive compliance framework.
• Ownership of the client derivative trading activity surveillance programme, lead the development of surveillance system enhancements and subsequent testing and monitoring of the business.
• Ad hoc tasks to support the wider compliance team.

Requirements

• Educated to degree level.
• Experience in a compliance, reporting, trade surveillance or regulatory operations role is desirable.
• Extensive knowledge in related regulations, guidelines, and practices applicable to global futures business.
• Familiar with the Financial Conduct Authority (FCA) rules, Market Abuse Regulation (MAR), relevant derivative exchange rules and other applicable legislation.
• Knowledge of oil, metal and financial derivatives, and CASS is highly desirable.
• Good team player with excellent communication and interpersonal skills.
• Excellent learning and analytical skills on regulations, excellent drafting skills on compliance related materials.
• Previous experience in a markets related Compliance role at a securities firm or Exchange.