Compliance, FICC Compliance, Executive Director, London London, Greater London, England, United ...

OUR IMPACT

The Compliance division prevents, detects and mitigates compliance, regulatory and reputational risk across the firm and helps to strengthen the firm's culture of compliance.

As an independent control function and part of the firm's second line of defence, Compliance assesses the firm's compliance, regulatory and reputational risk; monitors for compliance with new or amended laws, rules and regulations; designs and implements controls, policies, procedures and training; conducts independent testing; investigates, surveils and monitors for compliance risks and breaches; and leads the firm's responses to regulatory examinations, audits and inquiries.

YOUR IMPACT

This is a VP level role within the London FICC Compliance Team providing compliance coverage for our market leading Rates business.

The role is to head our Compliance coverage for the EMEA Rates business and the successful candidate will report into the EMEA Head of Rates and Currencies Compliance, which is part of the FICC Compliance team that sits within the EMEA Global Banking & Markets - Public Compliance Team.

Requirements of the role:

• Trading floor based role providing real-time compliance counsel to the Rates business units, with regards to relevant rules, regulations and internal policies.
• Provision of pro-active risk mitigation instructions on regulatory and policy matters including individual transactions, new products and business initiatives.
• Assistance with the interpretation and implementation of new rules/regulation.
• Development and delivery of both ad-hoc and annual face-to-face training.
• Development and deployment of second line controls and assisting the first line with the development of their controls.
• Review of new algorithms and other electronic related business initiatives.
• Review of complex and strategic marketing materials.
• Co-ordination with the broader FICC & Equities Compliance Team as well as Federation and Financial Crime Compliance on initiatives and projects.
• Participation in compliance regulatory and internal investigations and audits.
• Liaising with local regulators and Exchange/MTF operators and coordination of responses to ad-hoc regulatory enquiries.
• Leading and/or executing the Compliance Risk Assessment for the Rates businesses.

SKILLS AND EXPERIENCES WE ARE LOOKING FOR

• Vice President level
• Minimum 5 years Markets Compliance experience gained by working on a trading floor for a Tier 1 house or others with sophisticated algorithmic/electronic business units and/or complex financing capabilities
• Degree level or equivalent (not essential if has relevant working experience)
• Professional qualifications such as CA, CFA, Solicitor or Bar exams an advantage
• Excellent practical understanding of FICC asset classes (both Cash and Derivatives), and Rates in particular
• Pro-active, self-motivated, assertive and well organized
• Ability to work independently and yet remain a strong team player
• Forward looking, focused on improving and streamlining controls and processes
• Ability to handle multiple tasks simultaneously and work to tight deadlines
• Excellent communication skills both written and oral
• Languages an advantage (particularly French and/or German)
• Ability to code or understand code would be an advantage
• Previous experience of trading FICC products would be an advantage
• Proactive approach to problem solving
• Deep interest in the financial markets and a willingness to continually learn
• Excellent understanding of EU and US regulations (MIFID II, MAR, Benchmarks, REMIT, FX Global Code, LBMA Precious Metals Code, EMIR, CFTC, SEC )
• Ability to enrich and thrive in an international and diverse, inclusive environment

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