Central Compliance VP

London, England, United Kingdom

A leading, International Bank is looking to hire a senior Compliance Officer into their Central Compliance team of one of their subsidiaries, which is a global leader in the execution and clearing of ETDs and the provision of OTC products and prime brokerage services.


The subsidiary company is a separately regulated entity in both the UK and the US, and thus has to abide to FCA, NFA and CFTC obligations as well as adhering to the bank’s overall frameworks from a procedures and policies point of view.


This team acts in an oversight and control capacity and the role’s primary functions are to complete staff and exchange registrations, maintain the exchange and clearing house licenses and some policy/ad-hoc project work.


Role Responsibilities:

  • Supporting the CF10 and team on all core compliance duties, in order to manage regulatory risk within the business
  • Assisting with staff registrations (i.e. SMCR) as well as market access purposes
  • Producing regulatory and exchange filings and reports; maintaining the exchange and clearing house licenses and responding to any queries related to these
  • Revising and updating policies for the subsidiary; ensuring the compliance manual is kept up to date
  • Overseeing outsourced compliance activities, to ensure they meet service level expectations
  • Preparing compliance reports as and when required, including the quarterly compliance programme updates for the Board Risk Committee
  • Representing Central Compliance on projects on an ad-hoc basis


Experience/Skills Required:

  • Experience in a Compliance function in a FCA regulated firm (ideally a top tier bank)
  • Understanding of FCA and exchange rulings, and of the application of measures designed to mitigate against conduct risk
  • Preferably specific experience of central compliance duties such as registrations and licensing
  • Excellent interpersonal and stakeholder management skills
  • Highly analytical and able to adapt