Head of Compliance & MLRO (SMF16/17)

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