Head Of Compliance & Mlro - Retail Stockbroking Or Pwm Experience Required

Head of Compliance & MLRO – Retail Stockbroking or PWM Experience Required  

Ref: 4007G

£135K - £160K + Bonus & Benefits                                                                                  Hybrid/Kent

We have been appointed by our Client, a Boutique Retail & Institutional Stockbroker, who are looking to hire a Head of Compliance & MLRO holding SMF16/17.  As part of the senior management team and managing & mentoring a small team of direct reports, you will report to the CEO and Board. Duties will include;

• Perform the SMF16 role of the business including remaining current with all relevant regulatory changes that impact the business and ensuring the business and senior management remain abreast of their obligations.
• Provide support, guidance and advice to the Board, Managers and colleagues to support and facilitate a strong compliance framework and culture, ensuring open and effective communication and resolution of Compliance issues.
• Ensure expected standards relating to governance, control framework, minimum standards and compliance strategy are effectively implemented.
• Assist with the operational effectiveness of the company’s systems and controls that are designed to achieve compliance with CASS, working with the CASS Manager to ensure all controls are in place to meet regulatory requirements.
• As the MLRO, oversee the company’s anti-money laundering activities, policies and procedures including day to day AML investigation and reporting.
• Responsibility for leading and enhancing the Consumer Duty policy to ensure its ethos is embedded within the company’s core culture and strategy. 
• Ensure ongoing monitoring and review of controls and key processes are in place throughout the business.
• Review and sign off all written material for external use e.g. newsletters, advertising and marketing brochures.
• Lead, manage, motivate and develop the Compliance dept, by coaching and training to ensure performance standards are maintained.
• Provide MI reports for the Directors on Risk & Compliance issues for the quarterly Board Meetings.

The successful candidate must have gained significant senior retail compliance experience probably from a similar stockbroker or wealth management firm.  While a comprehensive understanding of FCA and other appropriate regulations governing the conduct of retail stock broking including Consumer Duty rules is essential, as important will be a detailed understanding of AML and Financial Crime rules.

This is a fantastic opportunity for a confident and polished individual with strong interpersonal skills to join a successful and well-established Stockbroker in a very senior, visible and influential role. The role will be part of the senior Management Team and will have significant influence on the businesses growth and direction.  The CEO is looking for someone who can be the internal regulatory and control leader and who has the skills and gravitas to influence at all levels including external stakeholders and the Regulators. NB the Role is 3d pw in their Kent office and 2d pw WFH.

If you feel you have the above average interpersonal skills and technical knowledge to be successful in this role, please send your details to (including a contact number & email) however please note that while we try, we cannot always reply to all applications although under no circumstance are your details ever passed on without your specific permission.