THE COMPANY
Our client is a longstanding FCA regulated business serving an institutional client base for CFD trading in a broad variety of underlying financial instruments.
The Company is now evolving its business from an IB (introducing broker) model to a riskless principal model with permission to hold client money.
The company will source and manage liquidity streams from multiple providers and directly provide to its clients competitive pricing and reliable liquidity as principal, accessing interbank rates through engagement with prime brokers.
To achieve this change, they are looking to hire a number of experience personnel to put in place the necessary operational, risk and control environments.
THE ROLE
An experienced compliance professional to support the SMF16/17 in all areas of compliance activity.
This is an exciting role in a highly dynamic environment and the successful candidate will have a broad skillset across all the emboldened areas (but see *must have requirement) and the aptitude to grow into other listed areas.
A can-do / take ownership / execution mindset is critical, as is a confident ability to challenge and collaborate.
The team is currently small, and it will be necessary to be comfortable with the strategic as well as the detail - and not be afraid to exercise stewardship even outside your own areas of responsibility.
ABOUT YOU
Your experience should provide the ability to cover the following areas of responsibility:
KYC/CDD Processes*: Handle all Know Your Customer (KYC) and Customer Due Diligence (CDD) processes for new (primarily institutional) clients (professional/ECP - no retail).Regulatory Knowledge and Advice: Provide support with general regulatory knowledge and advice, including guidance on the FCA Handbook, best practices, and regulatory frameworks like DORA.Policy Framework: Support with the development and maintenance of a robust framework of compliance policies, processes, and controls.Compliance Monitoring: Assist with the development of an effective compliance monitoring programme. Carry out such monitoring.Training: Provide or assist with compliance training for staff.Broad Compliance Expertise: Familiarity with and ability to address a broad range of compliance matters, including:Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF)Senior Managers and Certification Regime (SM&CR)Conduct Risk and Ethical Standards (including FCA Conduct Rules)Conflicts of InterestOutside Business InterestsPersonal Account DealingProcurement and Anti-Bribery and Corruption (ABC)Data PrivacyRegulatory ReportingTransaction MonitoringTransaction ReportingClient Money and Asset ProtectionSARs (Suspicious Activity Reports)WhistleblowingSanctions and PEPs (Politically Exposed Persons)Market AbuseSupport the CASS function where required to ensure all processes related to client money and asset protection adhere to the FCA's Client Assets Sourcebook (CASS).
*Must have
Lipson Lloyd Jones Ltd is acting as an Employment Agency in relation to this vacancy.