HEAD OF COMPLIANCE AND MLRO-Part Time/Full Time

Job Title: HEAD OF COMPLIANCE AND MLRO-Part Time/Full Time

Reference: AJB TM SB CTR 01

Location: Central London

Assignment Profile:
Our client is a highly regarded stock-broking firm based in London. Their success means they require a robust Head of Compliance and MLRO to safeguard their development and growth.

They are a leading natural resources focused firm of stock brokers serving retail, institutional and high net worth dealing clients. They are retained by an increasing number of AIM and internationally quoted companies that require primary funding through our corporate broking and research department. Their core expertise centres on AIM and international dual listings, equities trading, CFDs and spread betting. Their stockbroking services are exclusively for those clients who meet our strict criteria and whom they feel are best suited to benefit from their service.

 

Main Responsibilities

 

Working with senior management this is a key role to create a culture in which all see compliance as their responsibility and equally non-compliance as their risk.

To ensure all staff are aware of the rules and procedures to safely fulfill their responsibilities.

Act as in-house consultant on compliance issues rules and their interpretation.

Design monitoring systems and procedures.

Identify threats and risk from regulatory changes and formulate the firm’s responses and make recommendations to senior management.

React to allegations for rule breaches complaints and investigations.

Act as an independent advisor and be responsible for resolving all compliance issues

Manage the firm’s relationships with regulatory bodies

Responsible for Market Abuse and Money Laundering controls and procedures and act as MLRO

Enhance develop and participate in compliance monitoring programmes

Produce and maintain reports for all monitoring programmes

Ensure up to date knowledge of regulations and ensure practical dissemination and understanding to relevant personnel so they are aware of any changes

Enhance and develop regulatory and in-house procedures

Act as independent respondent to complaints from clients and regulators

Review and record all Research, Adverts, Financial Promotions and Marketing Material

Monitor, maintain, provide and record all Approved Person’s training requirements

Timely reporting to regulators on Complaints and Money Laundering

Candidate Profile:
The successful candidate will be well educated and have additional professional qualification as well as several years experience of working within a retail private client stockbroking environment

The confidence, gravitas and experience necessary to lead the Compliance department

Excellent knowledge of the FSA handbook

Ability to make and present unpopular decisions

Excellent report writing and presentation skills

Consultant: Jonathan Banjo

Consultant Email: jbanjo@ajbexecutivesearch.co.uk

Salary: Circa £70-80,000 Plus Benefits

If you feel you are a suitable candidate for this position please contact Jonathan Banjo.