At a Glance
- Tasks: Lead compliance and AML functions, ensuring adherence to FCA regulations.
- Company: Dynamic UK FCA-regulated trading company with a global reach.
- Benefits: Hybrid working model, competitive compensation, and benefits aligned with UK banking standards.
- Other info: Direct access to Board of Directors and opportunities for professional growth.
- Why this job: Join a trusted partner for industry leaders and shape compliance culture.
- Qualifications: Proven experience as Head of Compliance or MLRO in financial services.
The predicted salary is between 43200 - 72000 £ 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 in London 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 in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building genuine relationships can open doors that a CV just can’t.
✨Ace the Interview
Prepare for your interviews by researching the company and its compliance culture. Think of questions to ask that show you’re genuinely interested in their approach to compliance and governance. Remember, it’s a two-way street!
✨Showcase Your Expertise
When you get the chance to chat with potential employers, highlight your experience with FCA regulations and AML processes. Share specific examples of how you've successfully navigated compliance challenges in the past.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Head of Compliance / MLRO in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Compliance / MLRO role. Highlight your experience in FCA-regulated environments and any specific compliance achievements that align with the job description.
Craft a Compelling Cover Letter:Your cover letter should tell your story! Explain why you're passionate about compliance and how your background makes you the perfect fit for this role. Don’t forget to mention your understanding of UK regulatory frameworks.
Showcase Your Communication Skills:Since this role involves engaging with senior stakeholders and regulators, make sure your written application reflects your exceptional communication skills. Use clear, concise language and professional tone throughout.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Hireroo
✨Know Your Regulations Inside Out
As a Head of Compliance / MLRO, you need to be well-versed in FCA and AML regulations. Brush up on the latest updates and be ready to discuss how they impact the company’s operations. This shows your commitment and expertise.
✨Prepare Real-Life Examples
Think of specific instances where you've successfully implemented compliance measures or resolved regulatory issues. Sharing these stories will demonstrate your hands-on experience and problem-solving skills, making you a more compelling candidate.
✨Engage with Stakeholders
Since this role involves liaising with senior management and regulators, practice how you would communicate complex compliance issues clearly and effectively. Show that you can engage and influence stakeholders at all levels.
✨Showcase Your Leadership Style
Be prepared to discuss how you foster a culture of compliance within a team. Highlight your leadership approach and how you’ve motivated others to prioritise compliance, as this is crucial for the role.
