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Rev & Regs are seeking an experienced Head of Compliance & MLRO position working for a dynamic and well-established Brokerage firm in the City of London. The role will be approved under the Senior Managers Regime as the SMF 16 and SMF 17.
The Head of Compliance & MLRO is a key critical role with executive responsibility for providing senior management with independent day-to-day compliance and AML advice to meet current and upcoming regulatory requirements. Reporting directly to the CEO, the chosen candidate will need to articulate and deliver a robust compliance plan for the organisation.
Responsibilities:
- To develop and maintain a robust compliance framework, ensuring identification, assessment, monitoring, mitigation and reporting, in order to deliver regulatory compliance across the business.
- Develop and manage the day-to-day relationship with the FCA and other relevant regulators, building mutual confidence and respect by fostering an open and constructive relationship through a structured and well managed programme of engagement.
- To chair the Compliance and Conduct Committee and ensure that all identified actions are monitored and tracked to closure.
- Interpret, translate and assess the impact of regulatory change in the business, its policies, procedures and correspondence, presenting findings and/or recommendations to senior stakeholders, enabling the business to act in accordance.
- Provide subject matter expertise to the business on regulatory developments and, when necessary, manage regulatory change across the business.
- Provide compliance, regulatory, operational and strategic advice for business initiatives, programmes and projects.
- To embed a positive culture of confident and informed risk-taking through training, communication and promotion of the agreed compliance framework.
- Oversee and monitor the monitoring systems which are in place to combat market abuse, escalating any instances to senior management for appropriate action.
Experience:
- A recognised and robust senior compliance and risk professional with experience of operating at senior management level within a brokerage firm.
- Extensive knowledge of relevant UK regulatory and compliance requirements, with the ability to offer technical interpretation and advice on regulatory and compliance practice.
- A first-class leader, creative and innovative with proven leadership, and people management and development skills.
- Possess the credibility and gravitas to work effectively as a member of the Exco and have the ability to influence at senior stakeholder level including Board reporting and presentation.
- Demonstrate strong thought leadership skills, with the ability to develop and implement a vision that integrates key goals, priorities and company values.
- Ability to balance change and strive for continuous improvement.
- Must have held SMF 16 and SMF 17.
Salary: £180,000 plus bonus
Location: City of London
