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Head of Compliance

My Client is looking for an experienced CF10 to join their team. You will have had experience managing a team and ideally have worked in the CFD or spread betting arena.


The Role


Acting as the Head of Compliance and MLRO in relation to internal and external commitments, the role holder will be a member of the Senior Management team.

They will fulfil the Compliance Oversight (CF10) and MLRO (CF11) approved person role and manage and motivate the Compliance Team of six people.

In addition to being the main point of contact between Compliance and other business functions they will undertake and manage specific projects and regulatory requests.


Key tasks and responsibilities will include:-


• Representing compliance in dealings with other business functions; senior management;

governance committees; regulators; and other enforcement agencies.

• Day to day management and completion of tasks within the Compliance team

• Line management responsibility for 6 Compliance team members including the setting of objectives; training and development plans; performance reviews and disciplinary matters.

• Providing regular updates to the Executive Committee and the Board Risk Committee on the completion of activities within the Compliance team, issues to be resolved and material findings.

• Acting as the nominated officer in relation to dealings with the National Crime Agency.

• Overseeing the investigation of suspicious transactions/orders and the submission of reports to the relevant authority (FCA, NCA, and HMT) as required.

• Execution of the compliance monitoring plan and preparation of associated reporting.

• Oversight of the firm’s transaction monitoring programme and provision of supporting management information.

• Oversight of the approval of financial promotions by the Compliance team.

• Reviewing and updating internal policies and procedures, including the Compliance Manual.

• Maintaining compliance training records.

• Delivery of compliance training to the Compliance team and the wider business.

• Preparation of regular management information to the Executive Committee and the Board Risk Committee.

• Assimilation and submission of the FCA complaints return and other regulatory reports which fall within the responsibility of the Compliance function.

• Overseeing liaison with the FCA relating to approved persons.

• Approval of high risk accounts in line with agreed procedures.

• Oversight and execution of the firm’s programme of screening against sanctions, PEP and adverse media lists.

• Responsibility for handling of complaints referred to the Financial Ombudsman Service.



The Person


The ideal candidate will display the following characteristics:

• Minimum 5 years’ experience in a retail financial services environment, ideally within the CFD or Spread Betting sector.

• Educated to degree standard with appropriate professional qualification(s).

• Experience of operating at a senior level with exposure at Executive and Board level.

• Experience of team management.

• Proven track record of building and maintaining relationships with relevant stakeholders and regulators.

• Ability to deliver projects and assignments to deadlines.

• Capacity to manage multiple tasks and conflicting priorities.


For more information or a confidential conversation please call on 0203 892 8533 or email martin.joyce@larssonassociates.com


Salary: £120000 - £130000 per year | Job Type: Permanent | Posted: 06/06/2017