Job Description Head of Compliance & MLRO Role - EXPERIENCE FROM A CFD BROKER IS A MUST HAVE
This dual-role position encompasses leadership of the company’s Compliance function and responsibility as the Money Laundering Reporting Officer (MLRO). The individual will oversee adherence to regulatory requirements, primarily those of the FCA, and ensure the development and maintenance of a robust compliance framework.
Key Responsibilities:
Manage the compliance department and assess the effectiveness of internal controls.
Maintain and enhance the firm’s compliance program, including manuals, policies, and procedures.
Monitor transaction reporting to meet FCA, MiFID, and EMIR regulations.
Liaise with regulators and manage responses to audits, investigations, and thematic reviews.
Approve financial promotions and monitor regulatory changes impacting the business.
Deliver MI to committees covering AML, ABC, TCF, complaints, and training.
Lead compliance training initiatives across the firm.
Handle customer complaints and liaise with the Financial Ombudsman Service.
Manage registers for breaches, conflicts of interest, and whistleblowing.
Act as the nominated officer for the National Crime Agency.
Oversee the investigation and reporting of suspicious activity to relevant authorities.