If you are interested in this candidate, please contact Charlie Watson via email cwatson@cerfinancial.co.uk or call on 0207 626 6065.
00346539
PROFILE:
Compliance and Regulatory Expertise
- Implementing comprehensive compliance monitoring programmes, controls, policies, and procedures.
- Conducting reviews to assess and enhance compliance and financial crime frameworks.
- Navigating regulatory change by staying informed about international regulations and coordinating responses to regulatory consultations to proactively address changes.
- Managing new regulatory authorisations to establish new cross-border services and branches across global jurisdictions.
- Applying extensive expertise in regulatory requirements in the UK, EU and Asia concerning electronic trading, clearing and settlement, transaction reporting, outsourcing and incident management.
- Demonstrating wide product knowledge encompassing listed derivatives, OTC, fixed income, currencies, and commodities.
Strategic Leadership and Management
- Advising senior management on regulatory initiatives, regulatory change, and exceptions arising from compliance monitoring.
- Guiding business strategy development by integrating compliance considerations and aligning with business objectives.
- Steering compliance functions and shaping organizational culture around risk identification and management.
- Enhancing risk management frameworks after identifying and mitigating risks.
- Recruiting, training, and developing compliance teams while nurturing talent and fostering a high-performance culture within the compliance function.
Operational Efficiency
- Driving efficiency through effective operations management while implementing systems and controls and leveraging technology solutions to streamline processes and enhance their effectiveness.
- Overseeing monitoring operations to prevent and detect market abuse and money laundering.
- Conducting regulatory reporting while ensuring accurate and timely submissions.
- Enhancing systems and controls, improving operational processes, and ensuring compliance with evolving technological and regulatory landscapes.
- Managing small to large teams across different compliance disciplines and jurisdictions.
Stakeholder Engagement and Communication
- Managing enforcement actions (including s166) with a proactive and collaborative approach while effectively managing the relationship with regulatory authorities, exchanges, and other relevant stakeholders.
- Ensuring clear and effective communication of compliance requirements and initiatives to various stakeholders.
- Guiding committees and overseeing client onboarding processes while facilitating communication between various functions and stakeholders.
- Presenting complex compliance concepts to diverse audiences, both internally and externally, to build understanding and trust.
- Ensuring regulators and relevant key stakeholders are appraised of issues affecting the company’s regulated activities.
CAREER HISTORY:
2015 – 2024
Trading
Head of Compliance and MLRO, EMEA and APAC (CF10/SMF16/SMF17)
A leading provider of fixed income markets, regulatory reporting, and other post-trade services for wholesale investors which is a NASDAQ-listed S&P 500 member. Reporting to the General Counsel, EMEA & APAC, responsibilities included serving as the compliance oversight and designated MLRO for each of the firm's regulated entities in the UK, EU and Singapore while overseeing five compliance officers across the region.
Managed both regulated trading venues and post-trade services including the ARM and APA (UK and the Netherlands) for MiFID trade and transaction reporting. Helped develop business strategy as a management committee member while advising on the compliance and regulatory aspects of new products, clients, and business plans.
Liaised with regulators across the EMEA & APAC region, carried out annual reviews of the compliance/AML monitoring programme, and performed compliance reviews in line with the monitoring programme. Implemented new technology solutions and interfacing with Legal/external counsel, Operations, Risk and Technology to manage incidents, complaints, and internal issues.
Major Achievements:
- Upgraded the compliance framework to accommodate changes due to Brexit, GDPR, MiFID II, MAR, AML Directives, and SMCR, as applicable in the UK and EU.
- Aligned the company with current regulatory standards by enhancing compliance policies and procedures, hiring, and training personnel, and revamping the AML/KYC and market abuse monitoring frameworks.
- Established new bond markets in the Netherlands and Singapore, and a Dutch ARM and APA by preparing regulatory applications, responding to regulatory enquiries, hiring local staff, and implementing appropriate systems to support the local compliance functions.
- Secured regulatory approvals to establish cross-border services across Europe and Asia.
FINANCIAL SERVICES:
2014 – 2015
Head of Compliance, EMEA (CF10)
2011 – 2014
Deputy Head of Compliance and Financial Crime Prevention
2007 – 2011
Head of Compliance, FSA-Firms (CF10)
2006 – 2007
Compliance Manager (CF10)
2004 – 2005
Chief Operating Officer (CF10)
1999 – 2004
Head of Operations & Compliance
1993 – 1999
LIFFE Trading Floor Manager
TECHNICAL SKILLS:
- Financial Market Data & Trading: Bloomberg, Kondor, GMI, WebICE, Fidessa, ADP, BTCA
- Compliance & Risk Management: D&B, BvD, WorldCheck, Archer, DocTract, AuditBoard, Unavista, Trax, various market surveillance solutions
- Communication Archiving & Discovery: Global Relay, Discovery Accelerator
- Office Productivity: Microsoft Office, Lotus
- Project Management & Collaboration: Jira, Monday.com
EDUCATION & QUALIFICATIONS:
- UK FCA and US NFA Registered
- Eurex Central Coordinator
- LIFFE Registered Floor Trader and Broker (1994 - 2004)
- BA (Hons) History, University, 1992
- Four A-Levels, Three A/O-Levels, Seven O-Levels, 1989
References Available Upon Request
If you are interested in this candidate, please contact Charlie Watson via email cwatson@cerfinancial.co.uk or call on 0207 626 6065.
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