- Career Level Head of Department
- Experience 5 Years
- Industry Forex
- Qualification Bachelor Degree
Advance Career, on behalf of our clients, a leading International CySEC Regulated Forex Organization with multi jurisdiction licenses, is seeking to recruit a dynamic professional to be the Head of the Compliance Department;
Manage the day-to-day operations of the Compliance function, under the oversight of the DLC, thereby ensuring that the firm’s compliance arrangements meet the company’s standards and regulatory obligations.
Assisting the MLCO with all matters in respect of anti-money laundering, market abuse, financial crime and reporting to the relevant regulators and authorities when required.
Assist the DLC in establishing and embedding a robust Risk-Based Compliance Monitoring Programme (CMP) that provides the Management and Board with assurance that all compliance and regulatory risks are being satisfactorily mitigated.
Advising the business including senior management and directors and providing proactive guidance and support in respect of business initiatives and regulatory developments.
Responsible for preparing and jointly representing, if requested, the regulatory view at Committees and Working Groups with the DLC.
Assisting the DLC with the preparation of the quarterly reports to the audit and compliance committee.
Preparing and submitting compliance related returns to the regulator as required.
People management responsibilities: directly responsible for the performance of the Compliance Department and manage any performance related issues where appropriate, in relation to salary and bonus decisions, appraisals and any other personnel or business-related issue at both an individual and/or departmental level.
Assisting the DLC with follow up of compliance monitoring reviews/audits/risk management activities or regulatory visits to develop action points and resolve issues.
Ensure relevant policies and procedures are in place and kept up to date to mitigate compliance and regulatory risks faced by the firm
Handling CYSEC and other Regulatory Bodie’s information requests and customer complaints in an appropriate and timely manner and record and review such requests/complaints as required.
Assisting the DLC to ensure that the firm has adequate supervisory systems and controls in place, to continually review the effectiveness of the firm’s policies, procedures and systems and establish internal controls and make appropriate changes when necessary.
Liaising with the CySEC and other Regulatory Bodies in relation to any matter
(Membership and Registration, CySEC Advanced Registration Number, CySEC AML Registration Number)
Fluency in English – both verbal and written.
Legal Academic Background
5 years of experience in a Compliance role within a regulated Firm.
Excellent knowledge of CySEC Laws and regulations applicable to CIFs.
Holder of CySEC advanced certification.
Exceptional skills in documenting and processing formation.
Work effectively under pressure and adapt quickly to changes.
High attention to detail and professional attitude.
Demonstrated ability to maintain confidentiality at all levels.
An attractive remuneration package will be offered to the successful candidate.