Head of Regulatory Reporting and Safeguarding - EXCLUSIVE

Saxton Leigh; London; On-site; GBP 100,000 - 150,000; Full time

Job summary

A leading UK foreign exchange broker in London is seeking a Director for the role of Head of Regulatory Reporting and Safeguarding. This position involves ensuring compliance with regulatory requirements and managing strategic projects across global operations. The ideal candidate should have extensive experience in regulatory settings, particularly in safeguarding compliance and managing control systems. This full-time role offers an opportunity to lead a team and coordinate with various departments to achieve regulatory excellence.

Qualifications

• Direct experience managing control systems in regulated institutions.
• Familiarity with FCA, FATF, and EU regulatory requirements.
• Understanding of FCA safeguarding requirements.

Responsibilities

• Implement control systems and management reporting for safeguarding.
• Ensure compliance with evolving regulatory regimes.
• Collaborate with teams to align practices with regulatory expectations.

Skills

Regulatory compliance management

Understanding of FCA regulations

Client fund safeguarding

Project management

Training and development

Job description

Overview

Our client is a leading UK foreign exchange broker, looking to expand their team.

Responsibilities

• Head of Regulatory Reporting and Safeguarding is a global role and is primarily responsible for the implementation of control systems, designing and owning management information reporting, and rollout of strategic projects for the Reconciliations team.
• Primary responsibility for safeguarding compliance of the group under evolving safeguarding rules published by the FCA and the CASS regime.
• Outside of the UK, understand and align with different regulatory regimes in markets where the company operates or plans to obtain licenses (Spain, United States, Australia, South Africa, Portugal, Brazil, Middle East).
• Collaborate with Compliance and Finance officers across geographies to harmonise and improve practices, ensuring consistency, efficiency and alignment with evolving regulatory expectations, safeguarding, and capital requirements.
• Strategic collaboration with Risk, Compliance, Product, Technology, Finance, Treasury and Operations teams, with regular reporting within the Risk & Governance framework (e.g., Risk Committee, Safeguarding Committee, Leadership and Board updates).
• Engage in strategic initiatives such as opening new markets and launching new products, coordinating with stakeholders and senior leadership.
• Act as primary liaison with external safeguarding auditors, monitoring and testing. Develop a new approach to safeguarding audit over the next 6–9 months in collaboration with consultants, auditors and business leaders to prepare for upcoming changes.
• Lead safeguarding automation efforts (including real-time reconciliation projects) and support the implementation of new safeguarding rules. Coordinate with internal Product and Tech teams to ensure successful delivery.
• From July 2025, participate in ongoing safeguarding training and development; maintain company-wide safeguarding training and onboarding programs annually.
• Direct management of an experienced Regulatory Reporting & Reconciliations team based in Mumbai, India, including setting goals, guiding and developing team members, and fostering high performance and continuous improvement.

Experience Required

• Direct experience managing control systems within a heavily regulated institution or corporation while ensuring compliance.
• Familiarity with FCA, FATF, and EU regulatory requirements.
• Ability to balance regulatory compliance with customer-centric practices to ensure operational integrity and ethical conduct.
• Understanding of FCA safeguarding requirements and experience guiding the direction of safeguarding rules and regulation.
• Experience with safeguarding, reconciliations and client funds is essential.
• Experience with CASS regulation and CASS audits is highly valuable.
• Proven ability to deliver training and support on safeguarding issues and regulations.
• Deep understanding of current and emerging regulatory frameworks in the payments industry, including PSRs, EMRs, PSD2/PSD3, and PS25/12.
• Proven track record of delivering strategic projects, preferably in a technology-driven environment.

For further information please contact Eleanor Gowling.

Seniority and Employment Details

• Seniority level: Director
• Employment type: Full-time
• Job function: Finance
• Industries: Securities and Commodity Exchanges and Financial Services