SOVA Capital Limited is an FCA authorised and regulated broker based in London. Now the company is looking to recruit a Head of Compliance, permanent basis to join the existing international team.
Specific Responsibilities:
Managing the Compliance team in Moscow, ensuring fulfilment of department objectives, and where necessary:
Assign duties within the team as recorded on the BAU Activities listing and Compliance Monitoring Programme.
Provide day-to-day compliance coverage for CMO and Research teams’ activities.
Ensure the Firm’s compliance with applicable sanctions legislation, sanction monitoring system development and further improvement.
Assign tasks and duties within the Moscow Compliance team to ensure adequate daily coverage in the areas of ABC compliance, large holdings monitoring and Russian Personal Data Protection.
Conduct AML, sanctions and other compliance relevant trainings for the Firm employees.
Assist in the on-going maintenance and development of Compliance policies and procedures.
Manage, respond and monitor ad hoc queries from all business departments in relation to the areas of coverage.
Identify and review all emerging or changing legal and regulatory requirements relating to the areas of coverage, advise and ensure the team and business are aware of such changes and, where possible, recommend and support the implementation of the required changes.
Share best practice with Compliance colleagues on matters stemming from and in relation to the review process and findings, where appropriate.
Ensure on-going professional development of Moscow Compliance team members.
Provide the Chief Compliance Officer with Management Information pertaining to KPIs/KRIs, ad hoc tasks / projects and the outcome of review activities (and any notable findings).
Lead ad hoc projects, including those related to New Business and Products.
Mentor Moscow Compliance team members.
Escalate to the senior management and/or Chief Compliance Officer any issues that require time sensitive resolution.
Cross-train team members to ensure key tasks could be covered during absence.
Improve the adequacy, effectiveness and efficiency of the Firm’s systems and controls where required, including in response to new laws and regulations.
Participate in meetings / forums organised by financial services trade and professional organisations and internally as appropriate.
Stay abreast of regulatory changes and industrial developments that can impact the business lines and compliance and where appropriate, undertake scope and impact analysis.
Key Requirements:
Ensure that conduct is “Fit and Proper” at all times.
Maintain a high level of competency, with Continued Professional Development (CPD).
Complete mandatory training in accordance with the firm’s business activities and FCA regulations, including attending training courses as appropriate and as agreed with the Head of Compliance Moscow as part of the annual performance appraisal (learning and development plan).
Be aware of and comply with all applicable FCA regulations and guidelines.
Have a clear understanding of Sova’s policies and procedures. Ensure compliance with the content and spirit of policies, procedures and agreements, challenging constructively to improve these where appropriate.
Ensure internal policies and procedures, and regulatory guidelines and requirements are met and fully complied with.
Ensure appropriate escalation and action is taken over any issues identified that are suspicious; and/or suggest the occurrence of fraud, corruption, bribery, money laundering, market abuse, or any other form or financial crime; and/or indicate a significant risk to Sova’s business activities and/or reputation.
Liaise and co-ordinate with other departments, such as Legal, Operations and Risk management to ensure swift negotiation and execution of any agreements that are required.
Disclose appropriately any information of which the regulators would reasonably expect notice.
Demonstrate initiative, assertiveness and ownership of responsibilities. Be able to influence the business to further improve the Compliance culture within the firm.
Behave professionally to protect the firm’s brand and reputation.
Act at all times ethically and with integrity in every professional situation.
Treat colleagues and external providers with dignity, respect and courtesy.
Constantly seeks to improve your understanding of the Firm, and encourage this in others.
Honour promises and commitments made to others, to do the right thing even when difficult and not to yield to pressure to show bias or manipulate others.
Avoid situations and actions considered inappropriate or which present a conflict of interest.
Promote firm’s culture and participate in firm-wide initiatives
Goals / Objectives:
Ensure that the business covered controlled effectively and complies with the relevant requirements and standards of the regulation.
Complete 100% compliance on-line and off-line trainings by set deadlines.
Work towards zero regulatory and compliance breaches.
Conditions:
Full-time job.
Permanent contract.
Competitive salary.
Comfortable office.
Social package.
