Our client, a rapidly growing crypto trading firm, is looking for a Chief Compliance Officer to join their team in London.
10th January, 2022
Job Synthesis & Description
Our client is a fast growing, London-based proprietary trading firm specialising in cryptocurrencies, with ~$300m in assets under management. They use technologies developed in-house to identify and execute on trading opportunities arising in cryptocurrency markets worldwide. Our client is a strongly mission-driven organisation, donating 50% of firm profits to highly effective charities; applicants with an interest in this mission will be favourably considered.
They actively seek to hire a Chief Compliance Officer to join our small but growing team. The successful applicant will register the company with the relevant regulatory authorities and develop the compliance function within the business so that it is in keeping with regulatory best practices while being appropriately tailored to the size and risk profile of the company. They are looking for someone with strong compliance experience in the finance industry (trading and cryptocurrency experience is a plus). The candidate would actively want to keep abreast of the trends and changing regulations affecting the company’s business, as well as possess a keen insight and awareness of the big picture. An interest in building out and managing a team as the company scales over the coming years would be beneficial.
Monitor, oversee and manage compliance issues and matters within the organisation.
Ensure compliance with FCA regulation as it currently applies and act as the chief point of contact for risk and compliance with our Principal.
Move the company toward direct FCA authorisation, and/or determine if registration in another jurisdiction might be more appropriate.
Manage ongoing compliance with SEC requirements, where we are an exempt reporting advisor.
Ensure the ongoing development and maintenance of a robust and effective compliance framework that covers KYC/AML/CFT that is fully embedded throughout operating departments.
As the Company's Money Laundering Reporting Officer (MLRO) the role includes responsibility for identifying potential threats to the company and fulfilling its legal reporting requirements.
Ensure the fund operations and offerings are compliant within the relevant jurisdictions. This will include such things as tax law and securities law. The CCO will work in partnership with external advisors and specialized legal counsel.
Manage audits and inspections from external parties and ensure findings are remedied appropriately.
Oversee the risk register and enterprise-wide risk assessments, report risks to the board in accordance with the risk management policy.
Higher education, which is suitable for the compliance field of the Company. CAMS certification or equivalent is preferred. The ideal candidate has a minimum of 6 years in a Compliance, MLRO or Risk role with a minimum of 3 years at a senior level. Direct experience of implementing FCA regulations and policies is critical. The role will allow the candidate to build a compliance team whilst also taking on responsibility for compliance with external regulators and managing counterparty relationships. As the client grows it is likely they will need to become authorised directly by the FCA, and so experience with applying FCA regulation to new asset classes (particularly cryptocurrencies) is a plus. A candidate who supports our mission to fund effective philanthropic activities, thrives in a high-pressure environment and is committed to ongoing professional development will find at our client a team who shares their values and supports their ongoing development.
Strong computer skills, experience using the Google Suite of products, including Gmail, Slides, Sheets, Docs and Drive and the ability to learn new computer systems quickly and in-depth. We are heavy users of Slack, and a number of other communication tools including Telegram, Signal and Zoom. Strong experience using cloud based products is a must
Strong written and verbal communication skills in English
The ability to function well as part of a team in a fast-paced, high-pressure environment
Strong interpersonal skills
Ability to handle sensitive and confidential information
Demonstrable experience as part of an executive management team or board
Detailed understanding of operational and regulatory requirements
Relevant finance industry experience
Experience drafting risk policy and compliance documents
Specialized knowledge in blockchain and the cryptocurrency industry preferred
Interest in adapting and implementing policy in novel ways
Training and progression As our client is a small but growing firm, the successful candidate will be responsible for developing a compliance team to support them in their duties.
Salary and benefits
£100-120k per annum. Salary commensurate with experience. Potential for a bonus for candidates who exceed expectations.
28 days of annual leave (including bank holidays).
Sick leave, carers leave, compassionate leave and parental leave.
Lunch is provided in the office daily, along with drinks and some snacks.