Head of FCP Due Diligence (F&O)

Overview

Connecting clients to markets – and talent to opportunity. With 4,500+ employees and over 300,000 commercial, institutional, payments, and retail clients, we operate from more than 70 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors. Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth.

Position Purpose:

To ensure that new clients (and other trading relationships) are onboarded to SFL and their accounts maintained appropriately and with sufficient due diligence in line with applicable regulations.

Responsibilities:

• To assist the Chief Money Laundering Reporting Officer and Head of Financial Crime Prevention EMEA to ensure timely and effective client onboarding of F&O clients.
• To liaise with other departments to ensure effective and efficient account set up and maintenance (including closures) of F&O clients.
• To ensure the adequacy of Customer Due Diligence (CDD), during the account opening process, by conducting initial risk assessment, collecting required ID and V documents and other information required to establish a relationship of F&O clients.
• To support operational processes, changes and approvals in line with procedures for F&O clients.
• To manage the CSC queue of activity for F&O clients, raising any pinch points or delays to the Chief Money Laundering Reporting Officer and Head of Financial Crime Prevention EMEA.
• To contribute to policies, procedures and training impacted by various projects; ensure effective roll-out, and implementation.
• To support the Chief Money Laundering Reporting Officer and Head of Financial Crime Prevention EMEA and the wider business with information requests, remediation exercises and thematic reviews.
• Help deliver education, awareness and training to the business as required, particularly for F&O clients, though support with other business lines will be required.
• Develop and strengthen relationships across the organisation to promote best practice and ensure a good understanding of due diligence requirements for F&O clients.
• Leading a team of staff and providing regular coaching and advice regarding operational aspects of CSC, particularly for F&O clients.
• Other duties as assigned from time to time.

Qualifications Knowledge and Experience:

• Strong understanding of financial crime prevention requirements in regulated financial institutions.
• Strong knowledge of MiFID II, MiFIR, EMIR, SFTR, AEOI, GDPR, Sanctions, ABC and other applicable relevant laws and regulations.
• Excellent knowledge of data governance and quality with previous experience of process improvement and automation.
• Knowledge of regulatory reporting and regulatory operations.

Qualification and Skills:

• Strong and efficient decision making skills with the ability to use judgement and operate autonomously when required.
• Effective planning, organisational and time management skills.
• Excellent stakeholder management with the ability to see the bigger picture and deal effectively with competing priorities.
• Relationship building and communications skills.
• Ability to proactively identify and analyse problems and design effective solutions.
• Ability to lead and manage people and achieve results through others.