Deputy Head of Compliance

Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it has unique access across markets with significant share globally both on and off exchange.

The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.

In supporting the Firm in meeting its regulatory obligations, Compliance provides expert advice, oversight and thought leadership in relation to relevant rules and regulations. Compliance is responsible for overseeing the adherence to regulatory requirements and expectations through compliance policies, advisory activity, training, monitoring, surveillance and supporting the firm to implement regulatory change.

Central Compliance are responsible for the development and implementation of compliance policies, training, regulatory registrations, exchange returns, complaints handling, conflicts management, regulatory interactions, regulatory developments, audit requests and whistleblowing framework oversight.

The Deputy Head of Central Compliance role supports the Head of Central Compliance with both the day-to-day operation as well as the continuous enhancement of the Central Compliance function.

The role will oversee and support the following key areas which forms part of the Central Compliance function including directing and guiding staff as required:

• Compliance Policy & Procedure Development and Implementation
• Training
• Individual Accountability Framework & Registrations
• Firm Regulatory Registrations & Filings
• Exchange Returns
• Complaints Handling
• Conflicts Management (including PA Dealing)
• Regulatory Interactions
• Regulatory Development (including Horizon Scanning
• Audit Requests

Responsibilities

• Overseeing the SM&CR framework for the firm’s regulated entities including Supporting changes and enhancements to the SMR framework; managing internal SMR compliance policies and procedures; and chairing the quarterly SMCR Forum.
• Carrying out SM Reviews including assisting SMFs in maintaining and managing regulatory documentation, including Statements of Responsibilities, Fitness & Propriety assessments, SM Handover documentation, etc).
• Liaising with Compliance Advisory teams, business, and HR to advise on regulatory registrations and learning and development requirements.
• Preparing and submit regulatory filings and individual and firm applications (i.e. SMF applications, Certification notifications, firm authorisations, variation of permission applications, etc).
• Tracking and supporting the day-to-day operation and management of Compliance tasks across the Central Compliance team including escalating as appropriate.
• Overseeing employee compliance policies and training including reviewing and providing challenge and quality control.
• Supporting regulatory developments and managing responses to emerging trends and changes of regulatory rules.
• Supporting regulatory responses, audit responses and dealing with client complaints including reviewing and providing challenge as part of quality control.
• Assisting in identifying enhancement opportunities as well as supporting and delivering on change initiatives to strengthen the overall Compliance Framework.
• Inputting, as required, into the firm’s overall conduct framework and submitting conduct related regulatory returns.
• Overseeing the maintenance of compliance registers including logging and managing breaches, business events and escalations.
• Prepare briefing notes, presentations, reports and Management Information (MI) for senior stakeholders.
• Input into the Whistleblowing Oversight by preparing the Annual Whistleblowing Report and responding to ad-hoc queries relating the Whistleblowing policies and procedures.
• Supporting the Compliance Function in responding to ad-hoc requests.

Skills and Experience

Mandatory

• Experience of…