Head of Compliance CFD Brokerage

Morgan McKinley; Greater London; On-site; GBP 85,000 - 120,000; Full time

Job summary

A London-based financial services firm is seeking a Head of Compliance and MLRO. This role involves ensuring compliance with UK laws and regulations, advising the Board on compliance issues, and managing regulatory risks. The ideal candidate will have a strong background in compliance and AML/CFT protocols, along with excellent advisory skills. Competitive compensation offered.

Qualifications

• Proven experience in compliance and regulatory affairs within the UK.
• Strong understanding of AML/CFT regulations and compliance frameworks.
• Excellent communication skills for advising senior management.

Responsibilities

• Ensure compliance with UK laws and corporate governance.
• Act as an adviser to the Board on compliance issues.
• Manage legal and regulatory risks.

Job description

Job Description

The purpose of the Head of Compliance and MLRO role is to ensure that the organisation is fully compliant with UK Laws and regulations and within the corporate governance guidelines. The candidate will be acting as an adviser to the Board of Directors and Senior Management on general compliance issues. The candidate will also ensure that all legal and regulatory risks are properly managed, and the compliance culture is promoted throughout the company.

Roles and Responsibilities of the Candidate

• SMF16 Compliance Oversight including relevant prescribed responsibilities
• SMF17 Money Laundering Reporting Officer (MLRO) – acting as the MLRO including receipt, assessment, and onward disclosure of SARs
• Legislations and regulations – keep up to date with any changes to UK Compliance regulations and laws, issued via the FCA
• Compliance policies and procedures – ensure they are updated and adhered to
• AML / CFT policies and procedures – implementing and reviewing
• New business reviews – including high risk accounts and PEP approvals
• Transactional monitoring
• Regulatory approvals, appointment of UK individuals, maintaining the senior managers regime
• Regulatory reporting, via Gabriel and Connect

Key Requirements