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Position Details
Reference No.
112235
Title
Head of Compliance VAC-19519G
Employment Type
Full Time
Available Positions
1
Location(s):
Limassol
Posted On:
13/10/2020
Contact Details
Company
StafffMatters Recruitment Specialists
Contact Person
Administration Team
Address
Limassol
Limassol
Phones
25341383
Email
admin@smstaffmatters.com
Job Description

Our client is a leading provider of online trading services and are looking to employ a Head of Compliance for the Limassol offices and who will be reporting directly to the CEO at the UK offices:

Key Accountabilities/Responsibilities:

Advise the front office on relevant requirements.

Provide guidance with regard to all FCA rules applicable to an agency broker.

Keep abreast of jurisdictional changes and challenges throughout Europe.

Respond to regulatory enquiries.

Prepare reports for internal management.

Advise on regulatory changes and developments.

Develop and implement an appropriate Compliance Strategy.

Monitor and assess the effectiveness of systems and controls, in line with regulatory requirements 

Review and updating the relevant Policies and Procedures. 

Administer the investigation of customer complaints 

Oversee Approved Persons registrations and de-registrations 

Ensure the Firm's appropriateness assessment is up to date with regulatory requirements 

Maintain knowledge of regulatory developments and current affairs concerning sanctions, Anti-Money Laundering and Terrorist Financing, Legal and regulatory obligations under the Money Laundering Regulations, Proceeds of Crime Act, Serious Organised Crime, Market Abuse, bribery and corruption.

Conducting annual Risk Assessments

Support the ongoing relationship including any communication with the regulatory authorities, and ensure that the systems and controls are fit for purpose.

Skills and Competencies:

Will have strong working knowledge of FCA rules in particular relating to conduct, systems and controls.

Must have strong background in compliance.

Should have excellent oral and written presentation skills.

Must be driven, articulate, proactive, approachable and pragmatic with a risk based in approach.

Computer literate, proficient in Word, Excel, PowerPoint.

Must have a strong work ethic and proven ability to mentor and provide leadership when required

Ability to work well under pressure, and manage a number of different tasks at the same time.

Team player, contributing to the success of the Compliance function.

Salary 

Based on previous skills and experience e up to 70K annually