Senior Regulatory Compliance Officer - London, United Kingdom - Morgan McKinley

Description

The Senior Advisory Compliance Officer will have responsibility for Compliance activities relating to the FICC markets businesses focusing on our Fixed Income (Bonds and Derivatives) and FX desks and is therefore expected to be a product specialist.

The role has two direct reports who will help with the coverage, get involved in specific initiatives and will also support the rest of the team.

• Quickly build an understanding of the business lines, including booking models, products, transaction types and nature of business, covering and providing advice to multiple trading and sales desks.
• Provide guidance to more junior members of the team and act as team lead for the public side business coverage.
• Build and maintain relationships with the business and supervisors, as well as support and control functions. Be able to manage those relationships in a professional manner to maintain Compliance independence.
• Assess new business proposals versus pertinent laws and regulatory requirements including coordinating with global Advisory Compliance teams where required.
• Advise the business and other internal stakeholders regarding interpretation and implementation of new regulatory developments/requirements.
• Provide real-time advice to the business regarding proposed transactions in a timely manner.
• Assist internal stakeholders where required with product and/or market expertise, such as Trade Surveillance, Risk, Internal Audit, Operational Risk, Operations.
• Create and deliver training to the business and other functions as required, covering topics such as market abuse, trading venue rules and other topics pertinent to specific business lines.
• Creation and review of Advisory Compliance policies and procedures.
• Review escalations of potential market abuse from internal trade surveillance partners, the business and others. Provide analysis and reasoning to senior management as required to assist in escalation decision making, including preparation for potential STOR submissions.
• Assist with responding to any relevant regulatory requests.