Regulatory Compliance Manager

Job Description

Argentex is a global payment and currency risk management specialist. We offer bespoke services alongside market leading technology for businesses and financial institutions. Argentex is listed on the London Stock Exchange, with offices in the UK, the Netherlands and Australia.

The Regulatory Compliance function supports the implementation and oversight of a robust framework that pro-actively ensures the firm’s licenses and regulatory relationships are effectively maintained.

The role of the Regulatory Compliance Manger will assist in the ongoing development of the Compliance department, enabling the business and partnering with internal and external stakeholders to protect the firm’s reputation and ensure systems and controls are in place to promote controlled business growth within the firm’s risk appetite.

Key Accountabilities:

• Management and development of the Compliance Monitoring Programme with a hands on approach, as well as management of any staff undertaking reviews or testing and including adapting for use in other jurisdictions where required
• Liaison with auditors, banking counterparties or regulators with respect to any questions and ensuring timely comprehensive response or follow ups
• Ability to act as project lead or support for strategic regulatory initiatives such as licencing, new regulations or remediation activities
• Acting as the point of contact for business stakeholders for escalations or advice in relation to regulatory matters.
• Perimeter guidance – ensuring the firm (all entities) acts within its regulatory permissions and that the CMP continues to protect the interests of the firm and its stakeholders in this respect

Key Skills & Qualifications:

• Understanding of FCA regulations in addition to: SMCR, IFPR, Operational Resilience, Consumer Duties, MiFID/MiFIR, EMIR.
• Able to develop, review and update Policies and Procedures including clear communication of any changes.
• Knowledge of regulations in other jurisdictions or ability to rapidly assimilate and perform gap analysis.
• Support the firm’s fitness and propriety requirements, in particular for Certified staff and Senior Managers.
• As part of the Risk and Compliance management team, strong partnership with the MLRO/Deputy MLRO, Financial Crime and Risk team members for the overall development of the function.
• Ability to develop and present training materials and assist with the oversight of the firm’s training program.
• Detailed understanding of MiFID as applicable to foreign exchange derivatives.
• Detailed knowledge of the E-Money or Payment Services Directives.
• Degree or other equivalent qualification(s) such as Law, accredited by the ICA, CISI, ACAMS or equivalent.

Key Experience:

• Proven experience in a compliance or regulatory function ideally including working in a regulated payment services, e-money or Forex/Options trading firm.
• Knowledge of FCA Connect, RegData or prudential reporting requirements
• Regulatory reporting knowledge such as MiFIR, EMIR.
• A Legal background and/or formal legal qualifications would be an advantage.
• Experience in obtaining regulatory permissions/Authorisations.
• Excellent spoken and written English communication skills including ability to confidently address senior audiences/committees.
• Foreign and/or experience working across different regulatory jurisdictions an advantage.