Head of Compliance and MLRO

JR United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Head of Compliance & MLRO to lead their compliance function and ensure adherence to regulatory standards. In this critical role, you will oversee the compliance department, develop robust compliance frameworks, and ensure the firm operates within legal boundaries. You will also manage relationships with regulators and handle audits while promoting a strong culture of compliance and risk awareness throughout the organization. If you have a passion for compliance and a proven track record in a similar role, this opportunity is perfect for you.

Qualifications

• Proven experience in compliance management, particularly in a CFD broker environment.
• Strong understanding of FCA regulations and AML frameworks.

Responsibilities

• Lead the compliance department and ensure adherence to regulatory requirements.
• Develop and maintain compliance programs, policies, and procedures.
• Monitor transaction reporting and manage relationships with regulators.

Skills

Compliance Management

Regulatory Knowledge (FCA, MiFID, EMIR)

AML Procedures

Risk Management

Leadership

Education

Relevant Compliance Certification

Degree in Finance or Law

Job description

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Head of Compliance & MLRO Role - EXPERIENCE FROM A CFD BROKER IS A MUST HAVE

This dual-role position encompasses leadership of the company’s Compliance function and responsibility as the Money Laundering Reporting Officer (MLRO). The individual will oversee adherence to regulatory requirements, primarily those of the FCA, and ensure the development and maintenance of a robust compliance framework.

Key Responsibilities:

• Manage the compliance department and assess the effectiveness of internal controls.
• Maintain and enhance the firm’s compliance program, including manuals, policies, and procedures.
• Monitor transaction reporting to meet FCA, MiFID, and EMIR regulations.
• Liaise with regulators and manage responses to audits, investigations, and thematic reviews.
• Approve financial promotions and monitor regulatory changes impacting the business.
• Deliver MI to committees covering AML, ABC, TCF, complaints, and training.
• Lead compliance training initiatives across the firm.
• Handle customer complaints and liaise with the Financial Ombudsman Service.
• Manage registers for breaches, conflicts of interest, and whistleblowing.
• Act as the nominated officer for the National Crime Agency.
• Oversee the investigation and reporting of suspicious activity to relevant authorities.
• Promote and embed a strong AML culture throughout the firm.
• Maintain and update AML policies and procedures in line with regulations.
• Support AML programs and ensure effective AML systems and controls.
• Identify, manage, and mitigate AML-related risks.

This role is critical in ensuring the company operates within legal and ethical boundaries while fostering a culture of compliance and risk awareness.