RecruitBlock are recruiting a Head of Compliance & MLRO for an established but agile business going through an exciting period of growth and innovation. This unique and visionary group of businesses puts Compliance at the center of its strategic agenda and is looking for a commercially minded compliance professional to bring expertise to the business to support its strategic growth plans, integrating compliance into the wider business objectives.
✔ Senior Hire ✔ Regulated in Gibraltar & UK ✔ Innovative
This growing company is GFSC regulated and provides a suite of standardized and structured financial products and services including bespoke trading solutions which offer clients access to Equities, FX, Futures and CFDs delivered through market leading tech with exceptional support and competitive pricing.
With offices in Gibraltar & London and a global reach they are seeking an experienced Head of Compliance and MLRO who will be responsible for the regulatory and compliance approval and framework implementation for the Gibraltar entities.
As the Head of Compliance & MLRO will provide guidance to the business from a regulatory and compliance perspective, positioning the business as a leader in the market and helping share product delivery & development within the regulatory framework. You will also own all regulatory policies and reporting relating to Gibraltar and, as a member of the firm’s Senior Leadership Team, work closely with the Group Director of Corporate Affairs and the Head of Legal as the business continues to build and scale out the team in Gibraltar.
✔ Act as an Approved Person with the Gibraltar Financial Services
✔ Develop and maintain the firm’s AML and CTF policy in line with evolving statutory, regulatory obligations and the Global Compliance strategy.
✔ Support and co-ordinate management focus on the money laundering risk in individual business
✔ Establish and maintain appropriate risk-based monitoring processes that are proportionate to the scale, nature and complexity of the firm’s
✔ Manage and lead the compliance and onboarding / client services team, and drive the development of the team in line with the execution of the firm’s business requirements and strategy
✔ Ensure all internal suspicious activity reports received are investigated without
✔ Regularly review the effectiveness of money laundering compliance policies and procedures to prevent money laundering and counter the financing of
✔ Provide management information to the firm as necessary including an Annual Report for the firm’s Board and senior management on the firm’s compliance with its obligations, as well as regular reports for the Board on compliance matters and progress on projects.
✔ Represent the firm to all relevant external agencies, regulators or law enforcement agencies.
✔ Manage any other third-party enquiries in relation to money laundering prevention, investigations, or
✔ Promptly respond to any reasonable request for information from the regulator and/or law enforcement
✔ Determine, develop and execute a management and leadership framework for the compliance function so that it drives value for the business, both in risk-management and business-development terms.
✔ Champion compliance within the business
✔ An ability to operate as a key member of an international team and Senior Leadership Team
✔ Excellent stakeholder management and communication skills – proven ability to advise colleagues at ExCo and functional levels around the implication of compliance matters in an appropriately focused manner.
✔ Proven experience as senior-level compliance or financial crime compliance professional, preferably having operated as an MLRO.
✔ Proven track record of working in Financial Services.
✔ Proven experience in building working relationships with the GFSC and law enforcement
✔ Experience in filing regulatory reports and dealing with queries from Regulators
✔ Ability to successfully manage multiple projects
✔ An analytical mind able to understand the complexities of procedures and regulations but be adept at translating the implications of these to colleagues in a manner that supports implementation and optimized execution of business decisions.
✔ A track record in the development compliance processes in financial services regulated products and
✔ An ability to work to short timelines in a fast-paced
✔ Excellent communication and presentation
✔ A willingness to travel (including overseas if required) – mainly the UK at present