Deputy Head of Compliance & DMLRO - Brokerage - London

Job Title: Deputy Head of Compliance & DMLRO - Brokerage - London
Contract Type: Permanent
Location: London
Salary: £65000 - £80000 per annum
Reference: BBBH14493_1488882075
Contact Name: Emily Marmoy-Haynes
Contact Email:
Job Published: March 07, 2017 10:21

Job Description


This brokerage is rapidly expanding and offers multi-asset Prime Brokerage services, FX or FOREX and CFD liquidity to a range of clients. This brokerage has global coverage with multiple offices worldwide. The team is currently small in size but is growing; offering a great opportunity to join and help grow the function.


Specifically your responsibilities will include:

  • Assisting the MLRO in the implementation and operation of AML, financial crime, including Anti Bribery & Corruption (ABC) controls and procedures
  • Assisting the Head of Compliance in the development of a risk-based Compliance Monitoring Programme
  • Producing and submitting all relevant Compliance, AML and financial crime risk policies and procedures for board approval
  • Leading the team in the undertaking of AML and financial crime risk assessments
  • Reviewing updates from FCA, JMLSG, HMRC, ESMA, FATF and other relevant Regulations
  • Assisting the CF10 and CF11 in the leadership of the compliance department and ensure that appropriate compliance advice is provided to business units in the UK and global offices in a timely fashion
  • Approval of any Financial Promotions issued by the Marketing team


To be considered for this job, you will have the following experience:

  • Successfully held a FCA control function as MLRO (CF11) within an authorised and regulated investment firm or a Deputy MLRO with exceptional experience who is able to demonstrate they are more than capable of stepping up to this high level of role maybe considered
  • Good educational level and previous experience of similar role (ideally within UK within FCA regulated and authorised Forex/CFD broker space), including a combination of compliance and AML/financial crime
  • Broad general knowledge of relevant legislation, regulation and other applicable requirements, as well as the current regulatory environment and agenda, especially in the UK and at EU level
  • Familiarity with industry practice in the regulated Forex broker sector, as well as with sound systems and control arrangements relating to compliance and AML/financial crime matters

If you feel you have the relevant experience for this newly created opportunity then please apply to this advert and send your CV to Emily Marmoy-Haynes, Financial Crime Compliance Recruitment Consultant at Twenty Recruitment.

Twenty Recruitment's Compliance function are a team of specialist consultants covering Financial Crime Compliance and Regulatory Compliance mandates, both permanent and temporary, across Financial Services, Technology and Energy.