Job Description
A UK FCA-regulated trading company is seeking a seasoned Head of Compliance / MLRO to lead its compliance and AML functions. This is a senior leadership role responsible for maintaining a robust regulatory framework, ensuring adherence to FCA and AML requirements, and fostering a culture of compliance across all business areas. The successful candidate will act as the primary point of contact with regulators and senior management, ensuring the firm’s operations remain compliant, efficient, and well-governed.
Location : Hybrid – London
Responsibilities:
As a job title, your broad responsibilities will include but are not limited to:
* Oversee the design, implementation, and maintenance of the firm’s Compliance Monitoring Programme.
* Act as the company’s FCA liaison, managing all regulatory communications and filings.
* Prepare and present quarterly compliance and MLRO reports to the Board of Directors.
* Supervise client onboarding and KYC/AML procedures, ensuring adherence to FCA standards.
* Lead the rollout of new governance and compliance requirements as mandated by regulators.
* Define and monitor country risk parameters for AML and due diligence processes.
* Approve all marketing and communication materials to ensure regulatory accuracy.
* Manage escalated client complaints and ensure proper resolution in line with FCA guidelines.
* Maintain and update ICAAP documentation and ensure ongoing compliance with prudential standards.
* Collaborate closely with the CEO, COO, and other department heads on compliance-related matters.
* Conduct periodic website and content reviews to maintain compliance integrity.
* Partner with external AML and payment system providers, overseeing integration and controls.
* Regularly review and update company policies, procedures, and compliance manuals.
* Support HR in staff training and annual attestations related to AML and compliance awareness.
* Provide expert guidance on regulatory developments, ensuring proactive adjustments to internal frameworks.
Requirements:
* Proven track record as Head of Compliance or MLRO within an FCA-regulated FX/CFD or financial services environment.
* In-depth understanding of UK regulatory frameworks, including FCA, AMLD, and SYSC principles.
* Strong technical knowledge of client onboarding, financial promotions, and transaction monitoring.
* Exceptional communication skills with the ability to engage senior stakeholders and regulators.
* Demonstrated integrity, sound judgment, and a proactive approach to regulatory governance.
* Ability to lead a compliance department and drive a culture of transparency and accountability.
Benefits:
* Base compensation with hybrid working model.
* Direct access with BoD and manage the group's compliance department.
* Benefits following UK banking institutions.
Note: Please understand that due to the current confidential nature of the search, we are currently unable to disclose the client's name or full company details at this stage. We will share the comprehensive information about the role and the organization only with candidates who are officially shortlisted for an interview. Thank you for your patience and understanding.