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Compliance Advisory Manager

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TP ICAP

Oct 8, 2024

  • Job
    Full-time
    Senior Level
  • London
  • Quick Apply

AI generated summary

  • You should have in-depth knowledge of UK/EU financial regulations, significant compliance experience, excellent communication skills, team leadership abilities, and expertise in Wholesale Financial Markets.
  • You will build relationships with senior management, provide regulatory advice, draft policies, conduct investigations, deliver training, and support compliance culture and risk mitigation efforts.

Requirements

  • Excellent working knowledge of the applicable requirements of the UK and EU financial services regime, including the FCA Handbook and key regulations e.g. MiFID II and SMCR etc.
  • Significant experience in a compliance or operational risk role within Financial Services.
  • A bachelor’s degree or a period of work experience demonstrating equivalent ability.
  • Excellent communication skills, both verbal and written.
  • Highly experienced in analysing regulations and assessing their impact on the business.
  • Able to build relationships and communicate effectively and efficiently to internal and external stakeholders.
  • Able to work well with diverse groups and personalities.
  • Experience of Wholesale Financial Markets.
  • Able to understand different operating models and how key financial regulations impact these models.
  • Experience of risk-based approaches and assessments as well as control design and implementation in Risk and Compliance.
  • Demonstrates excellent teamwork and collaboration.
  • Adapts communication style to suit the audience that is being addressed.
  • Able to effectively deliver difficult messages to influence.
  • Able to demonstrate honesty, integrity and professionalism.
  • Works ethically and shows respect for both professional and company values.
  • Projects personal credibility and is personable and engaging.
  • Demonstrable evidence of motivating and engaging a team and ensuring alignment to business goals and high delivery of team performance.
  • Experience of inter-dealer broking.
  • Strong knowledge of specific execution methodologies e.g. Name Give Up, Matched Principal, Exchange Give Up.
  • Experience of Agency Broking activity.
  • Good understanding of Credit, Equities as ETD Markets.
  • Understanding of Rates and FX agency activity.
  • Knowledge of Dood Frank requirements relating to swap dealer activity.
  • Experience with OTF and MTF trading venues compliance and or operation.
  • A good understanding of MiFIR Transaction Reporting and Transparency requirements.

Responsibilities

  • Develop and maintain relationships with Senior Management across the TP ICAP Group, specifically with the Senior Managing Directors, and Desk Heads within the Global Broking business
  • Support the Compliance Advisory Senior Management
  • Provide timely and accurate regulatory advice to the business
  • Perform Regulatory Analysis; identifying the impact of upcoming Regulation on the relevant business areas
  • Draft policies and internal procedure documentation e.g. Conflicts of Interest Policy and Compliance Manual
  • Operate/Execute specific controls owned by the Compliance Function
  • Perform investigations into the activities within the Global Broking business to ascertain compliance with the relevant regulations including leading desk reviews and thematic reviews
  • Write compliance training material and support the Compliance Team in the delivery of the training
  • Represent the Compliance Function on the internal Change Management Governance meetings and on projects delivering regulatory change
  • Represent the Compliance Function on internal Governance Forums & Working Groups
  • Interaction and represent TPICAP at Exchanges and 3rd Party Venues meetings
  • Identification of risks and support the Compliance Team with risk mitigation solutions
  • Support the Compliance Team to review output from the Compliance Monitoring Programme and implement remedial actions
  • Review of legal entity permissions and supporting applications for new/amended permissions as required
  • Project work as required from time to time.
  • Fulfil additional / ad hoc duties as required to meet the needs of the business.
  • Mentoring Compliance Advisory Officers and Compliance Associates, providing support and guidance to the development of these individuals.
  • Contribute to the cultural environment, encouraging behaviours that promote respect and comply with policy and the Company values.
  • Promote the compliance culture across the TP ICAP Group

FAQs

What is the main purpose of the Compliance Advisory Manager role?

The main purpose of the Compliance Advisory Manager role is to support the Compliance Senior Advisory Manager in reinforcing the compliance culture within TP ICAP’s EMEA offices, advising on conduct of business requirements, reviewing and updating policies and procedures, and providing regulatory advice and strategic compliance support.

What are the key responsibilities of the Compliance Advisory Manager?

Key responsibilities include developing relationships with Senior Management, providing regulatory advice, conducting regulatory analysis, drafting policies, performing investigations, writing compliance training material, and supporting compliance culture initiatives.

What qualifications are essential for this position?

Essential qualifications include excellent knowledge of UK and EU financial services regulations, significant experience in a compliance or operational risk role within Financial Services, a bachelor’s degree or equivalent experience, and excellent communication skills.

Are there opportunities for mentoring in this role?

Yes, the Compliance Advisory Manager will mentor and help develop junior members of the Compliance Advisory team.

What stakeholders will the Compliance Advisory Manager interact with?

Key stakeholders include Senior Managers within the business, Legal, Risk, HR, IT, Finance, Operations, and the wider Compliance function.

What type of experience is desired for this role?

Desired experience includes motivating and engaging a team, knowledge of inter-dealer broking, understanding of specific execution methodologies, and familiarity with MiFIR transaction reporting requirements.

Where is the role of Compliance Advisory Manager based?

The role is based in TP ICAP’s London offices, located at 135 Bishopsgate.

What is the overarching goal for compliance at TP ICAP?

The overarching goal is to create a compliance culture within TP ICAP Group that promotes ethical behavior and adherence to regulatory requirements.

Is there a focus on diversity and inclusion in the workplace?

Yes, TP ICAP strongly supports diversity and inclusion, fostering an environment where different perspectives and skills can work together effectively.

Does TP ICAP offer support if someone feels they do not meet all the criteria?

Yes, TP ICAP encourages individuals to apply even if they do not meet every aspect of the job description, as they value potential and unique contributions.

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TP ICAP

Finance
Industry
5001-10,000
Employees
2016
Founded Year

Mission & Purpose

We are the world’s largest inter-dealer broker, the world’s largest energy & commodities broker, and the world’s leading provider of over-the-counter (OTC) pricing data. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity and distribution of data, through responsible and innovative solutions. We operate in 28 countries and employ 5,200 people, including 2,600 brokers. Our clients include top tier investment banks and financial institutions. Through our people and technology, we connect clients to superior liquidity and data solutions across every major asset class, including Rates, FX, Credit Equities, Energy, Renewables and Digital Assets. We are home to a line up of premium brands. Each has a distinct, client-focused offering, underpinned by the financial security, operational strength and robust governance of the TP ICAP Group. Our brands include: •Tullett Prebon •ICAP •Liquidnet •Parameta Solutions •PVM.