Job Description
Job Purpose
Intercontinental Exchange, Inc. (“ICE”) a global provider of financial services, is looking for a Senior Compliance Manager for certain of its regulated businesses located in its London Office. This position will support several of ICE’s affiliated FCA authorised and regulated Firms, Creditex Brokerage LLP, ICE Markets Limited and ICE Data Desktop Solutions Limited. This position will assist with the implementation and monitoring of the FCA Firms’ compliance program requirements (including the ICE corporate compliance program).
This position will report to General Counsel, Credit & Processing Businesses and be responsible for (1) developing and administering key policies and procedures related to the FCA Firms’ compliance programs, (2) advising employees on regulatory and other compliance requirements related to the Firms and their products and services, and (3) participating in employee compliance oversight, guidance, and training to ensure compliance with company policies and regulatory requirements.
Responsibilities
- Participate in drafting and administering policies and procedures for regulations and applicable industry standards, coordinating input from relevant stakeholders (e.g., compliance and legal resources) as needed;
- Develop and implement guidance and training to ensure employee understanding and compliance in coordination with corporate training programs;
- Coordinate control development, oversight, relevant policies and procedures, and perform surveillance on key products and services in connection to the firm’s requirements;
- Participate in the management of the compliance programs, including facilitating local risk assessments and compliance reviews, preparing and presenting compliance reporting, establishing and implementing compliance and surveillance processes, testing, and consulting with firm personnel where appropriate;
- Assist in customer onboarding, including the performance of customer due diligence and ongoing monitoring of customers in accordance with the firm’s policies and procedures and applicable regulatory requirements;
- Assist with employee registration with relevant regulator(s);
- Supervise activities of employees to ensure that firm policies, corporate policies and regulator rules are being adhered to;
- Assess proposed new lines of business/offerings to determine applicable regulatory and registration requirements and develop corresponding policies and procedures in coordination with relevant stakeholders (e.g., compliance, legal and business resources) as needed;
- Identify and review new regulations and present supervisory strategies;
- Participate in and/ or lead certain compliance governance and oversight meetings and committees, successfully communicating and engaging business stakeholders on findings, issues, and remediation requirements;
- Assist in risk assessments and review and lead the report preparation;
- Participate in the preparation and filing of other regulatory forms/reports, as applicable;
- Assist in the preparation of written responses to regulatory inquiries;
- Assist in the audit/ risk assessment of the firm’s compliance with its internal policies and procedures; and
- Analyze and document areas of operational or regulatory concern, gather relevant information, and communicate findings to other departments;
Knowledge and Experience
- Bachelor’s degree/University degree level education and extensive experience with a financial services or technology firm in an operations, risk or compliance position;
- Law degree preferred but not required.
- Must have strong knowledge and experience with securities, investment products, pricing, and transactions with an emphasis on fixed income.
- Previous experience at an FCA member firm.
- Knowledge of FCA Rules and Guidance and relevant UK financial legislation
- Knowledge of UK Money Laundering Regulations
- Ability to make independent judgments on key issues and accurately identify risks;
- Strong analytical and organizational skills with acute attention to detail;
- Excellent verbal and written communication skills;
- Must be results-oriented and self-motivated; and
- Ability to work effectively in a fast-paced, sometimes stressful environment.
