Compliance Officer (CO/MLRO) Executive Director

London, UK


Edgewater Markets is an industry leader in technology-driven trading solutions & execution services to global institutional clients servicing FX, NDFs, Precious Metals and Digital Assets. 

We are seeking an Executive Director level Compliance Officer (“CO”) or Money Laundering Reporting Officer (“MLRO”), reporting to the CEO/Board of Directors. 

The successful candidate will have the chance to work for the leading multi-asset electronic trading platform in FX and commodities with over 300+ institutional clients globally. The role will require the individual to take control of all compliance matters for the UK company and hold the SMF16 Compliance Oversight and SMF17 Money Laundering Reporting Officer functions. Director level SMF3 position joining the UK Board.

Working closely with the other international offices including the Headquarters in US, Singapore, Mexico and Chile.

Key Responsibilities:
  • Provide advice, guidance, direction and interpretation as regards to Compliance issues and develop Compliance relationships across the designated areas of the business.
  • Communicate and maintain trust relationships with shareholders, business partners and authorities
  • Design, manage and oversee the Firm’s compliance framework, ensuring the appropriate policies and procedures are in place
  • Design, manage and oversee the Firm’s anti-money laundering framework
  • Monitor and develop conduct and risk frameworks
  • Demonstrate compliance knowledge and understanding of FCA and cross border rules and regulations by keeping up to date with all relevant regulations and understanding how these will impact the business.
  • Propose compliance solutions for business objectives and regulatory developments
  • Take part in the wider compliance function by assisting with training, providing management with
    written reports and other ad-hoc projects.
  • Review and approve client communications and/or promotional materials related as needed
  • Oversee regulatory reporting and management information
  • Propose compliance solutions for business objectives and regulatory developments
  • Report to the relevant authorities any suspicious activities
  • Ensure that all regulatory breaches are properly identified, investigated and followed up
Job Requirements:
  • 10 years+ previous work experience in compliance position in the financial industry, ideally at a FX/CFD Brokerage firm
  • 2 years+ compliance experience as an SMF16 and SMF17 holder with experience dealing with the FCA
  • Ability to effectively direct and achieve strategic objectives of the business and ensuring the company complies with its obligations
  • Experience within a compliance-related role in an FCA regulated retail-focused firm
  • Excellent understanding of derivatives trading CFD, Spread betting, Forex trading products, and associated European regulatory framework (Conduct of Business Rules, Systems and Controls requirements, MiFID, and other European Directives)
  • Excellent regulatory advisory experience and understanding of foreign exchange and CFD products for institutional client
  • Prior managerial experience
  • Substantial and broad-based knowledge and experience in financial regulations and anti-money laundering compliance
  • Strong familiarity with monitoring frameworks. Demonstrable leadership in designing, monitoring and surveillance programs to meet Board and regulatory standards
  • Strong interpersonal and communication skills to deal with internal and external individuals and organizations