Senior Compliance Officer

Altum Consulting; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading commodity brokerage firm in London is seeking an experienced Senior Compliance Officer to oversee the UK's compliance and on-boarding teams. Responsibilities include managing trade and communication surveillance, ensuring regulatory compliance, and responding to regulators. The ideal candidate will have proven experience in a commodities environment with strong leadership skills. This key leadership role offers an opportunity to drive compliance in a growing business.

Qualifications

• Strong leadership and management experience required.
• Proven experience in a commodities brokerage environment.
• Deep understanding of regulatory compliance is essential.

Responsibilities

• Oversight of Compliance team's trade surveillance process.
• Manage the On-boarding team for KYC and CDD functions.
• Respond to regulator information requests.

Skills

Leadership and people management

Knowledge of FCA regulations

Experience in commodities brokerage

Understanding of financial crime requirements

Ability to thrive in fast-paced environments

Job description

Overview

About the Business: This is an opportunity to join one of the largest commodity brokerage firms in the world. This organisation prides it self on being a meritocracy and helping people to grow, develop and progress in their careers.

About the Opportunity: In this role you will head the UK compliance and on-boarding teams, covering the firm's EMEA and APAC businesses. As the Senior Compliance Officer, you will hold the SMF 16 (compliance oversight) and SMF 17 (MLRO) designations for one of the entities, while overseeing the teams for both entities.

This is a key leadership role in a business that is continuing to expand.

Responsibilities

• Oversight of the Compliance team's trade and communication surveillance process, including system generated alerts and complete trade reconstructions.
• Responding to information requests from various regulators including, but not limited to, the FCA, CFTC, NFA, and futures exchanges such as CME and ICE.
• Managing the On-boarding team, which conducts KYC and CDD functions to support the firm's AML program in line with AML regulations and best practices.
• Ensuring regulatory certifications and registrations are in line with UK (SM&CR) and US (CFTC/NFA) requirements.

About you / Qualifications

The role requires strong leadership and people management experience, in addition to a range of compliance knowledge. The ideal candidate will have proven experience in a commodities brokerage environment, a strong understanding of regulatory compliance and financial crime requirements, and the ability to thrive in a complex, fast-paced, and agile organisation. You will also have a strong understanding of commodity derivatives products and this must include oil markets.

• Knowledge and understanding of:
  • FCA regulations, preferably CFTC/NFA rules as well.
  • ICE and CME exchange rules, particularly pertaining to block futures trades.
  • AML compliance due diligence and monitoring requirements.
  • Global sanctions