Core Compliance Manager
London Stock Exchange Group
London, UK
Published 3 weeks ago
Business Compliance
Role profile:
The Core Compliance Manager is part of the Core Compliance team, who are the team that manages policy review and advice for LCH; implements and maintains a compliance control and monitoring framework over compliance policies; manages regulatory reporting; and carries out assurance reviews over business activities.
The Core Compliance Manager will report to the LCH Ltd Deputy Chief Compliance Officer. The role is based in the London office.
Compliance in LCH Ltd
The Compliance department is organised into two teams, the Regulatory Advisors and Core Compliance, under the Chief Compliance Officer who reports into the CEO of LCH Ltd. There is a functional reporting line into the Group Chief Compliance Officer.
Compliance is responsible for ensuring that the business can operate and develop within regulatory framework. The function manages LCH's relationships with its regulators. This includes overseeing compliance with reporting requirements; handling new licence and product applications; and conducting periodic assurance reviews of compliance with regulations.
The vision is to keep the firm aligned with best practice in terms of regulatory compliance. To do this we recruit and retain motivated, talented staff; deepen our relationships with regulators in all relevant jurisdictions; maintain a robust monitoring function to give senior management assurance about compliance with regulations and continually reassess our processes to innovate and find better ways of doing things.
Key responsibilities of the role:
Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.
Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, your rights and how to contact us as a data subject.
If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.
The Core Compliance Manager is part of the Core Compliance team, who are the team that manages policy review and advice for LCH; implements and maintains a compliance control and monitoring framework over compliance policies; manages regulatory reporting; and carries out assurance reviews over business activities.
The Core Compliance Manager will report to the LCH Ltd Deputy Chief Compliance Officer. The role is based in the London office.
Compliance in LCH Ltd
The Compliance department is organised into two teams, the Regulatory Advisors and Core Compliance, under the Chief Compliance Officer who reports into the CEO of LCH Ltd. There is a functional reporting line into the Group Chief Compliance Officer.
Compliance is responsible for ensuring that the business can operate and develop within regulatory framework. The function manages LCH's relationships with its regulators. This includes overseeing compliance with reporting requirements; handling new licence and product applications; and conducting periodic assurance reviews of compliance with regulations.
The vision is to keep the firm aligned with best practice in terms of regulatory compliance. To do this we recruit and retain motivated, talented staff; deepen our relationships with regulators in all relevant jurisdictions; maintain a robust monitoring function to give senior management assurance about compliance with regulations and continually reassess our processes to innovate and find better ways of doing things.
Key responsibilities of the role:
- Coordinate the review of Compliance policies, including LSEG policies, and provide reporting to enable the approvals in accordance with LCH governance requirements (up to the Audit Committee).
- Oversee the tracking of all regulatory reporting for LCH Ltd and lead delivery of manual reports to regulators.
- Put in place a control and monitoring framework over all LCH compliance policies. Answer ad-hoc queries on policies and ensure suitable training is delivered.
- Manage the delivery of Compliance assurance reviews in accordance with the plans agreed by the CCO (and in line with LSEG frameworks), for monitoring and reviewing ongoing compliance with EMIR, CFTC and other relevant regulations. Deliver accurate review reports with specific and achievable actions that are suitable for presentation to LCH Ltd Management Team.
- Manage and develop the staff operating Compliance owned controls, managing regulatory reporting and supporting self-assessment in relation to internal and external standards.
- Fulfil responsibilities for team activities including maintenance of monthly MI, logging of incidents, and contribution to the culture and continuous improvement of the Core Compliance team.
- Investigate and develop new ways of working, using technology solutions to improve operational efficiency.
- Strong experience of managing compliance in the financial sector including application of best practice (covering topics including financial crime, sanctions, confidentiality, conflicts of interest, etc);
- Proven ability to build and maintain relationships with senior internal partners and with other Compliance staff, and to appreciate and take account of sensitivities that may arise;
- Experience of leading assurance reviews in the context of regulatory compliance or operational risk;
- Ability to manage a portfolio of diverse topics and action items, and to develop and effectively direct a team dealing with this work;
- Strong written and verbal communication skills and attention to detail
- Sound organisational and time management skills
- Ability to take a risk-based lens to issues, think critically and ask difficult questions
- Knowledge of regulations relating to Central Counterparty Clearing would be an advantage
Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone's race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.
Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it's used for, and how it's obtained, your rights and how to contact us as a data subject.
If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.