At a Glance
- Tasks: Lead compliance and AML functions, ensuring adherence to FCA regulations.
- Company: A dynamic UK FCA-regulated trading company with a focus on compliance.
- Benefits: Hybrid working model, competitive compensation, and direct access to the Board of Directors.
- Other info: Opportunity for career growth and collaboration with senior management.
- Why this job: Shape the compliance culture and make a significant impact in a leading financial firm.
- Qualifications: Proven experience as Head of Compliance or MLRO in FCA-regulated environments.
The predicted salary is between 80000 - 100000 £ per year.
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:
- 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.
Head of Compliance / MLRO employer: Hireroo
As a leading UK FCA-regulated trading company, we pride ourselves on fostering a culture of compliance and integrity, making us an excellent employer for professionals in the financial services sector. Our hybrid working model allows for flexibility while providing direct access to the Board of Directors, ensuring that our employees are empowered and engaged in shaping the company's compliance landscape. With competitive benefits aligned with UK banking institutions and ample opportunities for professional growth, we are committed to supporting our team in achieving their career aspirations in a dynamic and rewarding environment.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Compliance / MLRO
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Hireroo looking for candidates who are engaged and informed.
We think you need these skills to ace Head of Compliance / MLRO
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Hireroo. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Hireroo
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Hireroo’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
