If you are interested in this candidate, please contact Charlie Watson via email cwatson@cerfinancial.co.uk or call on 0207 626 6065.
EDUCATION:
2009 – 2014
Barrister
2008 – 2009
Bar Vocational Course
2005 – 2008
Law, LLB (Hons)
CAREER HISTORY:
February 2020 – August 2024
Multinational investment bank
Associate Director, Regulatory Risk Compliance
Head of Central Compliance EMEA
- Eight direct reports;
- Responsible for leading on, and ensuring compliance with, all aspects of the Senior Managers and Certification Regime (“SM&CR”) for Macquarie’s four UK regulated entities (including, inter alia, all applications / withdrawals; reasonable steps frameworks; Management Responsibilities Maps, ongoing advice; governance, all regulatory documentation; the Certification Regime; and Conduct Rules training). Key stakeholders: CEO, CFO, COO, CRO, Head of Compliance, iNEDS, and all other individuals subject to SMCR;
- Liaising with the Financial Conduct Authority and the Prudential Regulation Authority on matters impacting Macquarie Group UK;
- Representing Macquarie at industry events and forums;
- Inputting and responding to regulatory consultations impacting Macquarie;
- Tracking regulatory changes impacting Macquarie and working with stakeholders to ensure regulatory changes are implemented;
- Drafting and approving compliance policies;
- Managing all central compliance activities performed by the team e.g. review and sign-off of gifts and entertainment, outside business activities, board and committee reporting, compliance procedures, regulatory reporting, and tracking regulatory interactions;
- Providing advice on other relevant accountability regimes (e.g. Irish Senior Executive Accountability Regime, and Hong Kong’s Manager in Charge Regime); and
- Variations of permission of licenses.
October 2020 – May 2024
Multinational investment bank – Dubai branch
Head of Compliance
- UK based with Branch visits undertaken. The Branch’s activities fell within Macquarie’s Commodities and Global Markets Division.
- Responsible for ensuring compliance with relevant Dubai Financial Services Authority (“DFSA”) and Dubai International Financial Centre (“DIFC”) rules;
- Providing advice to the business on relevant compliance requirements;
- Responsible for all interactions between the Branch and the DFSA;
- Responsible for all compliance reporting to the DFSA, and
- Standing attendee at the Branch’s Senior Management Committee.
December 2017 – February 2020
Tier 1 bank
Vice President, Compliance
Regulatory Change Team, Investment Bank Key projects / responsibilities:
- Lead conduct risk advisor to the UK IB;
- Responsible for designing and implementing the conduct risk framework for the UK IB, including:
- Development and ownership of the UK IB’s conduct risk framework; compliance conduct risk representative at various UK IB senior management committees; leading the development and delivery of conduct risk training; conduct risk board reporting (including drafting the inaugural annual UK IB Conduct Risk Report); and developing conduct risk management information and metrics.
- Lead Brexit advisor on a variety of areas, including obtaining waivers / licences for new and existing European entities; and
- Responsible for the enhancement of the bank’s regulatory change and horizon scanning processes.
August 2014 – December 2017
International banking firm
Compliance Advisor, Policy & Regulatory Developments
Primary compliance advisor on regulatory change and implementation projects across the bank.
Responsibilities included:
- Developing, drafting and embedding the bank's conduct risk governance framework;
- Developing and drafting the bank’s whistleblowing framework;
- Brexit research and advice;
- Lead advisor on the SM&CR implementation;
- Enhancing the bank's policies / procedures to ensure compliance with elements of MiFID II;
- Redesigning and embedding the bank's complaints framework;
- Drafting and inputting into the bank’s Compliance Plan and Compliance Manual; and
- Undertaking compliance due diligence ahead of company takeovers.
OTHER:
Committee Member, Compliance Advisory Committee – Association of Foreign Banks (March 2024 – August 2024)
One of eight elected Committee members from across eight different foreign banks. The purpose of the Committee was to advise the Association of Foreign Banks (“AFB”) on the key regulatory topics and priorities impacting the banking industry and to help inform content for AFB practice roundtables, workshops, seminars and conferences.
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.
To view other CV's please click here.