At a Glance
- Tasks: Support compliance framework and advise on regulatory requirements in a dynamic financial environment.
- Company: Globally recognised financial services firm with a focus on innovation and growth.
- Benefits: Competitive salary, career progression opportunities, and exposure to senior stakeholders.
- Other info: Excellent pathway towards a future Head of Compliance role.
- Why this job: Join a high-growth organisation where compliance drives innovation and strategic business success.
- Qualifications: 7-12+ years of compliance experience in FCA-regulated environments and strong knowledge of financial markets.
The predicted salary is between 80000 - 100000 £ per year.
Our client is a globally recognised financial services firm headquartered in London, providing multi-asset trading solutions to both retail and institutional clients. As part of its strategic growth plans, the business is significantly expanding its institutional offering across global markets. This includes FX, Commodities, Exchange Traded Derivatives (ETDs), CFDs and OTC products, requiring an experienced compliance professional with deep knowledge of wholesale and institutional financial markets.
This is an excellent opportunity to join a high-growth organisation where compliance is viewed as a strategic business partner, supporting innovation whilst maintaining the highest regulatory standards.
We are seeking an experienced Deputy Head of Compliance to support the Head of Compliance in overseeing the firm's UK regulatory compliance framework. The successful candidate will play a key role in advising the institutional business, supporting new product initiatives, managing regulatory change and providing practical compliance guidance across wholesale trading activities. The individual will work closely with Front Office, Legal, Risk, Operations and Senior Management to ensure regulatory obligations are met while enabling commercial growth. This position offers significant exposure to senior stakeholders and provides an excellent pathway towards a future Head of Compliance appointment.
Key Responsibilities- Regulatory Advisory
- Support the Head of Compliance in maintaining the firm's regulatory compliance framework.
- Provide day-to-day compliance advice to institutional and retail business units.
- Advise on FCA rules applicable to wholesale and retail investment firms.
- Review new products, business initiatives and strategic projects from a regulatory perspective.
- Support regulatory horizon scanning and implementation of new regulatory requirements.
- Assist with regulatory reporting and regulatory submissions.
- Institutional Markets Compliance
- Provide compliance oversight across: Foreign Exchange (FX), Commodities, Exchange Traded Derivatives (ETDs), OTC Derivatives, CFDs, Prime Brokerage, Institutional Client Business, Professional Clients, Eligible Counterparties.
- Advise on regulatory requirements relating to: MiFID II, UK Market Abuse Regulation, Best Execution, Client Categorisation, Conflicts of Interest, Product Governance, Transaction Reporting, Position Limits, Exchange Rulebooks, Conduct Risk.
- Compliance Monitoring
- Assist in developing and executing the Compliance Monitoring Programme.
- Conduct thematic reviews and compliance testing.
- Monitor regulatory breaches and incidents.
- Produce Management Information and Compliance reports.
- Track remediation actions through to completion.
- Governance
- Prepare papers for Risk, Compliance and Board Committees.
- Maintain Compliance policies and procedures.
- Support regulatory audits and FCA engagements.
- Assist with internal and external audit reviews.
- Support regulatory inspections and information requests.
- Market Conduct
- Provide oversight of: Market Abuse controls, Personal Account Dealing, Gifts & Hospitality, Conflicts of Interest, Communications Monitoring, Electronic Surveillance, Trade Surveillance, Regulatory Conduct Risk.
- Regulatory Change
- Lead or support implementation of new FCA regulatory requirements.
- Participate in strategic transformation projects.
- Support international regulatory initiatives where applicable.
- Work closely with global Compliance teams to ensure consistency of standards.
- Stakeholder Management
- Develop strong working relationships with: Front Office, Institutional Sales, Trading, Prime Services, Operations, Legal, Risk, Technology, Senior Management, Global Compliance.
- 7–12+ years' Compliance experience within an FCA-regulated investment firm, broker, CFD provider, investment bank or commodities trading business.
- Strong experience supporting institutional or wholesale financial markets.
- Demonstrable knowledge of: FX, Commodities, Exchange Traded Derivatives (ETDs), OTC Derivatives, CFDs.
- Strong understanding of MiFID II and UK regulatory requirements.
- Experience providing practical compliance advice to Front Office and Trading teams.
- Previous experience delivering regulatory change projects.
- Experience dealing directly with the FCA would be advantageous.
- Knowledge of Market Abuse Regulation and market conduct surveillance.
- Strong understanding of: FCA Handbook, MiFID II, UK Market Abuse Regulation (MAR), EMIR, Best Execution, Transaction Reporting, Product Governance, Client Assets (desirable), Financial Promotions, Consumer Duty, Conduct Risk, Financial Crime awareness, Exchange Rulebooks (CME, ICE, LME, Eurex and similar).
- Degree educated or equivalent.
- ICA Diploma or Advanced Certificate (preferred).
- CISI qualifications advantageous.
- Legal or Compliance qualifications desirable.
Deputy Head of Compliance (Capital Markets) in City of London employer: ETRA Talent
Join a globally recognised financial services firm in London, where compliance is not just a function but a strategic partner in driving innovation and growth. With a strong commitment to employee development, you will have the opportunity to work closely with senior stakeholders and gain invaluable experience that paves the way for future leadership roles. The collaborative work culture fosters an environment of continuous learning and professional advancement, making it an excellent choice for those seeking a meaningful career in compliance.
