Compliance Officer

Job Description

TP ICAP is a global firm of professional intermediaries playing a pivotal role in the world’s financial, energy and commodities markets. Matching buyers and sellers, we create liquidity and price discovery in these markets and provide insight and context to our clients.

We operate a hybrid model where brokers provide business-critical intelligence to clients. It’s supplemented by proprietary screens for historical data, analytics and execution functionality. Globally, we’re the leading provider of proprietary over-the-counter pricing information and a unique source of data on financial, energy and commodities products. Our market data is independent, unbiased and non-position influenced.

Our clients include banks, insurance companies, pension and hedge funds, asset managers, energy producers and refiners as well as risk and compliance managers and charities.

We are known in the market for our Honesty, Integrity, and Excellence in the provision of service to our clients. Above all else, we Respect our clients and each other, without bias. Employees are expected to uphold the values and principles of our cultural framework in performance of their job duties.

Department Overview and Role Summary:
The Compliance function’s mission statement is to proactively engage and advise the Business so it can achieve its strategic and commercial objectives within applicable regulatory requirements and protect the Firm’s reputation.

The Compliance function has five strategic objectives: (1) proactive engagement with the Business; (2) stay ahead of the regulatory environment; (3) leverage technology solutions; (4) review and enhance policies and controls; (5) build the global Compliance function.

The EMEA Compliance Officer will work as a member of the Compliance Strategy & Project Management Team within the Compliance function. The Team works closely with each regional Compliance Team and has responsibility for strategic Compliance priorities. This position is based in TP ICAP’s London office and reports to the Global Compliance Manager.

Job Duties:

- Support the Global Compliance Manager with the implementation of the Global Compliance strategy, plan and projects within EMEA as prioritised by the Global Head of Compliance
- Be the EMEA Compliance FCO (Function Control Owner) for the ERMF (Enterprise Risk Management Framework) which involves being the key regional Compliance lead for risk management processes and activities, MI (management information) gathering and monitoring of any Compliance Risk Events and Issues/Actions
- As the FCO, work with the EMEA Compliance Team in the resolution of risk events and issues/actions relating to Compliance risks. This may include Internal Audit actions and mitigating high priority Compliance risks and providing Compliance input to ensure risks and issues are resolved within specified timescales and with the appropriate remedial action
- Analyse Compliance MI and other Compliance reporting information for regional and global Committees and compile papers and reports ensuring consistency and clarity of message. Liaise with key stakeholders including Compliance, the Business and Risk to collate and analyse information
- Support the second line review of the Businesses activities to manage Compliance risks and ensure adherence to compliance controls. Oversee and guide the Business as required to manage effective compliance across various components of the EMEA compliance programme, for example training completion, supervisory processes/checklists and implementation and embedding of policies and procedures
- Participate in key projects, for example for the implementation of new regulation or significant organisational change projects to understand Compliance risks and ensure an effective compliance control framework is maintained
- Identify any resources, process and capability gaps with the EMEA Compliance team and help the Global Compliance Manager and EMEA Head of Compliance to formulate appropriate remedial approaches
- Where required, support the Global Compliance Manager with any activities related to the Global Compliance Strategy across EMEA, America and APAC (e.g., developing efficient Group processes)
- Fulfil additional/ad hoc duties as required to meet the needs of the business

Experience / Knowledge:

- The ability to analyse information and form judgements about compliance risks in the context of the regulatory and business environment
- A track record of delivering outcomes that are critical to the success of a compliance activity, through demonstrating the value of that compliance activity to stakeholders outside the Compliance function
- Ability to design and deliver solutions for managing rule driven requirements across functions (whether regulatory, legal, statutory, technology, financial etc.)
- Excellent planning and execution skills, attention to detail and problem-solving skills
- Clear and concise verbal, written and presented