Head of Compliance

description

What will you be doing?

  • Ensure compliance with FCA regulations, in particular the rules relating to Conduct of Business.
  • Report to Management and to Company’s Board on the effectiveness of compliance procedures, the provision and analysis of appropriate management Information, and regulatory updates relevant to the Company
  • Providing regulatory advice on new products/services to be offered by the Company
  • Communication with the FCA, in conjunction with the UK MD Operations
  • Ensure the Company has appropriate Policies and Procedures that are in line with regulatory requirements, take responsibility for at least annual review, update, and approval
  • Monitoring of the FCA reporting schedule for all activities of the Company, and submission to the FCA for all non-finance and CASS reports
  • Compliance oversight of all activities outsourced to other entities
  • Performing and/or overseeing a risk based compliance plan and monitoring of the Company’s operations, in line with regulatory guidelines and in conjunction with business and compliance departments in other parts of the eToro group
  • Close monitoring of the complaints handling process and reviewing and reporting on root cause analysis
  • Compliance oversight of financial promotions issued by the Company
  • Oversight of portfolio management services provided by an another group company to the Company’s customers, ensuring that suitability checks comply with COBS requirements, and monitoring portfolio management controls and reporting
  • Responsibility for customer due diligence and AML controls, including the oversight & monitoring of functions performed by other group companies on behalf of the Company
  • Responsibility for the review of all Suspicious Activity Reports on the Company’s customers, and where appropriate, reporting to the National Crime Agency
  • Ensure Approved Persons are regularly assessed for fitness and propriety, and make filings for new persons /changes, and ensure all staff receive appropriate training
  • Cooperation with the Legal Department on maintaining the company’s T&Cs up to date with the relevant legislation
  • Act as the Company’s Data Protection Officer, liaising as appropriate with the group’s head of information security
requirements
  • Academic Degree – Finance or Legal desired
  • Previous compliance & AML experience, ideally in a CFD retail broker
  • Experience in the Trading field
  • Extensive knowledge and experience of FCA regulations, including thorough knowledge of COBS, and MIFID directives
  • Previous registration as CF10 & CF11
  • Open to creative solutions & business innovation; a team player, and hands-on
  • Strong communication and presentation skills; must be comfortable to communicate with senior management and the regulator
  • Experience or knowledge with CMCR regulation
  • Strong verbal skills 
  • Must be living in the UK


UK Office
location
Compliance
department
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