Core Responsibilities
- Regulatory Perimeter & Permissions: Conduct jurisdiction-by-jurisdiction analysis to determine necessary licensing (e.g., UK PSR, EEA PSD, MiFID II). Evaluate safeguarding, operational resilience, and outsourcing requirements.
- Regulatory Engagement: Lead the preparation of Variations of Permission (VoP) and notifications for the FCA and National Competent Authorities (NCAs). Prepare materials for Board, ExCo, and SMF approvals.
- Control Framework Design: Draft and update policies regarding Market Abuse Regulation (MAR), Best Execution, Conflicts of Interest, and AML/Sanctions. Design 1LoD and 2LoD control narratives and surveillance coverage for trading activity.
- Documentation & Governance: Revise MTF Rulebooks, participant agreements, and fee schedules. Ensure Data Protection Impact Assessments (DPIAs) and records retention schedules are in place.
- Implementation Readiness: Define golive criteria, execute control testing, and conduct surveillance dry-runs. Validate regulatory reporting feeds (MiFIR, UK MiFIR, EMIR) and operational workflows.
Experience & Qualifications
- Expertise: 10+ years in UK/EU regulatory advisory covering payment services, MiFID II/MiFIR, and derivatives trading (RFQ/bilateral).
- Licensing: Proven track record of delivering VoP/licensing outcomes with the FCA and EU NCAs.
- Technical Knowledge: Deep understanding of safeguarding frameworks, operational resilience, MAR, and transaction reporting.
- Controls: Experience in surveillance design and market conduct controls, including pre-hedging and algo/venue technical controls.
Communication: Exceptional drafting skills and experience in regulator-facing communications.
Randstad encourage applications from individuals of all ages & backgrounds. Whilst appointments will be made on merit alone candidates must be able to prove their right to work in the UK or the Republic of Ireland (as relevant). Randstad acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003
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