Head of Compliance

Brentwood, Essex

GBP70,000 – GBP90,000

Are you a confident and enthusiastic Head of Compliance looking for a new role within the FX industry?

Coulter Elite Resourcing are currently recruiting for a Head of Compliance to work with one of their market leading clients in Brentwood, Essex.

This Head of Compliance position is suited to those with a proven track record within risk and compliance, ideally from the financial services industry. You will be accountable for leading the compliance, AML, risk and regulatory function for the business as well as the following accountabilities.

Principle Responsibilities for the Head of Compliance:

Overseeing and providing advice to senior management and the business on compliance, risk issues and regulatory trends to include horizon planning.

Develop, maintain, update and implement Compliance and Risk policies, procedures, manuals, and programmes to reflect best practice of regulatory and industry requirements.

Responsible for ensuring compliance with requirements of all Statute and regulations relevant to a Payments

Institution authorised by the FCA.

Manage STR and Regulatory requirements.

Act as a central point of contact for Compliance issues, ensuring problems are dealt with appropriately and rectified within agreed SLA's

Ensure Client Set–Ups are completed accurately and in a timely manner and compliant with BFX Policy

Act as the regulatory liaison with the FCA and HMRC – (as an approved PSD individual/controlled function)

Act as the MLNO for the business – (approval required from HMRC as 'fit and proper' for the role)

Ensure regulatory compliance for all projects

Lead the recoveries function, liaising with the risk Function where appropriate

Person Specification for the Head of Compliance:

Experience – Worked in AML/Compliance Department of a similar financial services regulated environment

Skills – Excellent interpersonal skills, with the confidence to approach people at all levels of seniority, analytical with attention to detail, report writing

Qualifications – Compliance Qualification (or willingness to work towards one)

Experience – Foreign Exchange/Payments Industry/E–Money Industry; worked with online transaction monitoring systems. Desirable.

Skills – Ability to balance business requirements with AML compliance obligations; ability to work alone

Qualifications – Degree level educated

This is a full–time permanent Head of Compliance position in the financial services industry. If this role is of interest to you, then please forward your CV to Simon Pawsey at Coulter Elite Resourcing.