Direct message the job poster from Bradford Jacobs

Bradford Jacobs is supporting a UK-based broker-dealer regulated by the FCA, who are expanding from the US. — we are seeking a highly experienced Compliance Officer to assume the dual responsibilities of SMF16 (Compliance Oversight Function) and SMF17 (Money Laundering Reporting Officer).

The firm operates under a non-custodial model and offers a broad range of investment services, including dealing in investments as agent or principal, arranging deals, and placing instruments with institutional investors. The successful candidate will play a critical role in building and maintaining a proportionate and effective compliance infrastructure aligned with FCA requirements and best practices.

Key Responsibilities

Compliance Oversight (SMF16)

• Serve as the FCA-approved SMF16 (Compliance Oversight Function).
• Design, implement, and manage a Compliance Monitoring Programme (CMP) suitable for a non-custodial broker-dealer.
• Ensure full compliance with relevant sections of the FCA Handbook (SYSC, COBS, MAR, PRIN, MLRs).
• Oversee all regulatory reporting obligations, including REP_CRIM, GABRIEL/REgData filings, and SMCR attestations.
• Work closely with external legal and regulatory consultants to maintain alignment with FCA expectations.

Advisory & Business Support

• Provide real-time compliance advisory to internal stakeholders across business functions (e.g., sales, trading, capital markets).
• Review and advise on new business initiatives, ensuring regulatory requirements are integrated from the outset.
• Monitor changes in the regulatory environment and ensure timely updates to internal policies and procedures.
• Lead compliance-related training, including market conduct, AML, and FCA obligations.
• Act as the primary liaison for all FCA interactions, including audits, supervisory meetings, and ad hoc inquiries.
• Attend board and governance meetings, delivering compliance updates, risk insights, and regulatory findings.
• Maintain and update core compliance documentation, including manuals, breach logs, and regulatory registers.

Anti-Money Laundering (SMF17)

• Serve as the firm’s Money Laundering Reporting Officer (MLRO).
• Oversee AML and financial crime systems and controls, including suspicious activity reporting.
• Maintain and evolve the firm’s AML framework, including risk assessments, training, and internal controls.

Experience & Expertise

• Previous FCA-approved SMF16 experience is strongly preferred, ideally within a MiFID investment firm or boutique broker-dealer.
• 5–7 years of relevant compliance experience within the UK financial services sector.
• Strong understanding of the FCA regulatory framework, including COBS, MAR, MiFID II, and AML regulations.
• Proven ability to manage regulatory relationships and interact with senior management and board-level stakeholders.
• Experience operating in non-custodial models is highly advantageous.
• CAMS or similar AML qualification is a plus.

Skills & Attributes

• High level of professional integrity and independent judgment.
• Strong analytical and communication skills with the ability to influence and advise at all levels.
• Ability to draft clear, risk-based policies and provide actionable compliance guidance.
• Comfortable in a fast-paced, entrepreneurial environment with evolving business models.

This is a hybrid model based in London.

Salary range: from £97,000 DOE

Discretionary bonus + benefits.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Consulting, Strategy/Planning, and Legal

Industries

• Business Consulting and Services
• Government Administration
• Advertising Services

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