Head of European Compliance (FSA CF10/CF11) / Retail Brokerage recruitment

Our client, an International Retail Brokerage is looking for a Head of Compliance MLRO to carry the CF10 CF11 regulated functions for the London office and provide regulatory oversight of the European offices.

Reporting to Senior Management in London and abroad and performing a broad range of compliance and AML duties as well as managing a team on a day to day basis

Duties Include:

• Manage compliance department to meet its day to day and strategic responsibilities

• Providing pro-active solutions to the business in relation to UK FSA, AML and overseas rules and regulation.

• Provide transactional advice and guidance to the business in London and Europe in regards to applicable regulatory issues.

• Provide appropriate regulatory training, specifically in relation to Anti-Money Laundering, Treating Customers Fairly and Know Your Customers.

• Ensure that the required on-going regulatory Training and Competence assessments are carried out regularly.

• Provide periodic technical updates, as required, to senior Executives and the Board

• Draft and maintain applicable internal policies and procedures.

• Undertake in-depth research in to regulations in different jurisdictions; specifically rules surrounding marketing and solicitation.

• Investigate suspected breaches of legal and regulatory requirements or internal compliance policies and standards, and ensure that they are appropriately resolved.

• Ensure that complaints by clients are promptly and fairly handled.

• Oversee approval process for advertising and research material from a regulatory, compliance and reputation perspective.

• Liaise with UK FSA and overseas regulators in regards to visits and queries.

The successful candidate will ideally have a broking or securities background with excellent knowledge of retail and private client business. You will be aware of current regulatory issues and possess excellent communication and interpersonal skills to deal with Senior Management in the UK and Abroad.   

If you are interested in this opportunity, please email your C.V. to inan@altussearch.co.uk or call Inan Rashid on 020 7430 1831 for a confidential discussion.

Altus Search Ltd is acting as an employment agency in relation to this role.