Head of Compliance

Monex is a leading global financial solutions provider, offering a complete set of tools to support business growth and strategic financial operations. We specialise in FX risk management and international payments, helping corporate and institutional clients design tailored FX solutions to navigate currency volatility with confidence.

Job Overview

The Head of Compliance takes a lead role in the provision of compliance advice, day-to-day leadership, compliance strategy and support of the designated companies’ business so as to ensure comprehensive compliance with applicable regulation. The role involves supporting and providing compliance advice and guidance to the local UK Chief Executive Officer (CEO) and other senior management, working closely with the International CCO.

Key Responsibilities

• Overall responsibility for the firm’s adherence with its anti-financial crime and regulatory compliance obligations in line with local requirements and internal policies and procedures.
• The continuous review and improvement of Compliance Policies.
• Working closely with MLRO and Deputy MLRO to ensure risk-based procedures and frameworks are in place to fight financial crime.
• Working closely with the Head of CASS to ensure the firms adhere to their client money obligations and requirements.
• Ensuring appropriate review of customer complaints.

Compliance Culture

• Establish good working relationships with front office and all other departments so that Compliance is seen as an effective second line of defence providing a professional internal guidance and advisory service.
• To set the tone to achieve a high-profile promotion of compliance requirements across the business.

Compliance Training

• Ensuring that all employees are trained in accordance with Compliance policies.
• To arrange for the provision of bespoke compliance related training to the Board and senior management team.
• Ensuring that general record keeping requirements are met on an ongoing basis.

Compliance Change

• To take the lead role in the implementation of changes driven by current and forthcoming regulatory requirements affecting the UK and the licenses held.

Compliance Monitoring

• Responding to and/or coordinating responses to regulatory and FIU enquiries.
• Responsible for overseeing the firms’ compliance monitoring plans, ensuring all compliance risks are documented and appropriately monitored and mitigated where possible.

Risk Management

• Arranging and overseeing regular Compliance Audits and Risk Assessments.
• Ensuring any Audit or Risk findings are communicated to the Chief Executive Officer and other relevant senior managers.

Technology

• Ensuring accurate and up to date Compliance records are maintained.
• To provide concise and meaningful management information to the firms executive and Board.

People Management Responsibilities

• Responsible for oversight of all direct and indirect reports.
• Ensuring a culture of respect to all colleagues.
• Ensure that all direct/indirect reports comply with FCA principles for business and conduct rules.
• Identify Training Requirements for Direct Reports.

Business Knowledge / Technical Skills

• Previous experience of working within a regulated investment firm.
• Strong knowledge of the regulatory environment in which an Investment firm specialising in FX operates.
• Able to demonstrate a genuine interest in the purpose of risk management and compliance.

Leadership / Management Skills

• Leads by example, embodying the culture and values of the Company.
• Able to anticipate issues and risks and mitigate accordingly.

Personal Attributes

• Integrity; demonstrating honesty and trustworthiness in your everyday actions.
• Collaborative; work together with colleagues, understanding their perspectives and objectives.
• Client focused; a strong contributor to the overall success of the business.

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!