At a Glance
- Tasks: Lead compliance strategy and ensure adherence to regulations for a global financial solutions provider.
- Company: Join Monex, a leading player in FX risk management and international payments.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Work with a diverse team across multiple countries and enhance your professional journey.
- Why this job: Make a real impact by shaping compliance culture in a fast-paced financial landscape.
- Qualifications: Experience in compliance and strong leadership skills required.
The predicted salary is between 90000 - 110000 £ per year.
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. Our team of FX specialists implement well-considered currency strategies, offering dedicated support to help clients manage their payment needs – whether for goods, services, or direct investments.
In 2023, Monex facilitated $309 billion in FX turnover, managed $10.7 billion in assets, and processed 8.5 million transactions. With offices across North America (Canada, the US, and Mexico), Asia (Singapore), and Europe (the UK, Spain, and the Netherlands), we serve over 66,000 clients worldwide. By combining global reach with deep local market expertise, Monex enhances businesses with a suite of financial solutions and FX market analysis to help optimise efficiency, mitigate currency risk, and protect margins in an increasingly complex financial landscape. Our corporate client experience is further enhanced by our dedicated sector expertise across a range of industries.
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. To lead by example, to put the clients’ long-term interests first with fair and equitable outcomes. To be a pace setter in developing the firms’ cultural and conduct aspirations.
The Head of Compliance is tasked with analysing and identifying all compliance related risks, including oversight of the CASS function and financial crime function, while keeping the senior management in all departments informed of developments regulations that can potentially affect the business.
Key Responsibilities & Accountabilities
- Responsible for all Compliance related matters for both MEL and MEM in London.
- Principal contact for local regulators in the UK (the FCA).
- Managing day-to-day compliance operations for both MEL & MEM.
- Coordinating compliance strategies and projects for MEM and MEL.
- Advising and assisting the Monex Europe Executive Board to deliver on required management/governance structure, systems and internal controls and individual responsibilities of senior management.
Head of Compliance in London employer: Monex Global
Monex is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets expertise in FX sales. With a strong focus on employee growth and development, we provide comprehensive training and support to help you excel in your role while fostering a collaborative culture that values integrity and client success. Join us to be part of a global team that not only drives business growth but also prioritises your professional journey in the fast-paced financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Compliance in London
✨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 Monex Global looking for candidates who are engaged and informed.
We think you need these skills to ace Head of Compliance in London
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 Monex Global. 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 Monex Global
✨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 Monex Global’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
