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Head of FX Risk and Compliance
Head of FX Risk and Compliance
brentwood,essex
Sep 30, 2024
  • Hours Full Time
  • Salary Competitive
  • Recruiter Bibby Financial Services
  • Closes 25 Jan 2024
  • Course No
  • Contract type Permanent
  • Recruiter Type Direct Employer
Description

Head of FX Risk and Compliance - Hybrid Brentwood - Competitive salary + benefits!

Bibby Financial Services have an exciting opportunity available for a reliable Head of FX Risk and Compliance to join our team in Brentwood (hybrid working). You will join us on a full time, permanent basis and in return, you will receive a competitive salary, plus benefits.

We've supported small and medium-sized enterprises (SMEs) since 1982 and today we support more than 9000 businesses worldwide. We are proud to help businesses, both big and small to grow and thrive in domestic and international markets.

Why us?

We're in the business of relationships. Whether working together or supporting our clients, that's what makes us stand out from the crowd.

We know our value lies in our brilliant people, It is fast-paced and varied, and we can handle it. We trust each other, take ownership, work flexibly, have fun and deliver for our clients every time.

We empower our colleagues to be themselves and grow in the way they want - we believe in them and celebrate their success.

As our Head of FX Risk and Compliance, we will reward you and your hard work with:

Private healthcare for you and your familyCompany Car AllowanceCompany pension schemeWide range of flexible benefits, such as gym membership, technology, or health assessmentsAccess to an online wellbeing centreRange of discounts from many businesses25 days holiday which increases with service and options to buy or sell moreElectric Vehicle/Plug-in Hybrid Vehicle (EV/PHEV) scheme As our Head of FX Risk and Compliance, you will lead the Compliance, risk and regulatory function for Bibby Foreign Exchange and ensure the business is fully compliant under the PSR's 2017.

You will be responsible for supporting BFX Managing Director in all regulatory aspects associated with BFX obligations and strategy, you will support Departmental Heads in the development and approval of operational policies and procedures.

Your responsibilities as our Head of FX Risk and Compliance will include:

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 requirementsAct as a central point of contact for Compliance issues, ensuring problems are dealt with appropriately and rectified within agreed SLA'sEnsure Client Set-Ups are completed accurately and in a timely manner and compliant with BFX PolicyAct as the regulatory liaison with the FCA and HMRC - (as an approved PSD individual/controlled function)Act as the MLNO for Bibby Foreign Exchange - (approval required from HMRC as 'fit and proper' for the role)Ensure regulatory compliance for all Bibby Foreign Exchange projects What we are looking for in our ideal Head of FX Risk and Compliance:

Experience - Worked in AML/Compliance Department of a similar financial services regulated environmentSkills - Excellent interpersonal skills, with the confidence to approach people at all levels of seniority, analytical with attention to detail, report writingQualifications - Compliance Qualification (or willingness to work towards one) There's no place quite like BFS and we're proud of that. It's all down to our colleagues - they make us the business with which every SME wants to partner.

If you would like to join us, please click 'Apply' today to be considered as our Head of FX Risk and Compliance - we would love to hear from you!

We're absolutely committed to being a truly inclusive place to work, where everyone has an equal opportunity to reach their true potential. Let us know if you need adjustments to support you through any stage of the recruitment process.

We reserve the right to close applications early. No agencies, please.

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