Compliance Transaction Reporting Manager

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries.  We are 5,300 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Role Overview

Working as a member of the EMEA Compliance team, this role will support the Compliance Advisory Senior Managers covering the TP ICAP EMEA Functions.

The Compliance officer / senior manager will work closely with the operations and technology divisions to reinforce the compliance culture within TP ICAP’s EMEA offices, advise and support on conduct of business and regulatory requirements, review and update policies and procedures, and provide regulatory advice and strategic compliance support.

Note: we are able to consider talent based in London, Paris or Madrid.

Role Responsibilities

• Act as the senior point of contact in relating to Transaction reporting questions from relevant operations and technology teams 

• Develop, implement, and maintain compliance policies and procedures for operations and technology functions.

• Lead compliance risk assessments to identify potential areas of non-compliance and implement corrective actions.

• Provide training and support to staff on compliance-related matters.

• Prepare and submit compliance reports to senior management and regulatory authorities.

• Collaborate with other departments to ensure a cohesive approach to compliance across the organization.

• Act as an escalation point for more significant or challenging compliance questions being handled by staff in the team 

• Potential line management responsibilities for more junior Transaction Reporting Compliance Officers

• Represent Compliance in Transaction reporting related meetings and forums

• Advise on the interpretation of transaction reporting rules across MiFIR, EMIR, SFTR, and REMIT.

• Advise the business on key transaction reporting requirements, including the identification of reportable transactions, data collection, and submission processes.

• Stay informed about regulatory updates and changes, and communicate these to relevant stakeholders within the organization.

• Develop and deliver training programs to educate staff on transaction reporting requirements and best practices.

• Act as a point of contact for regulatory bodies and external auditors regarding transaction reporting compliance.

Experience / Competences:

Essential

• Experience of Wholesale Financial Markets.

• Working knowledge of the applicable requirements of the UK and EU financial services regime, including the FCA Handbook and key regulations e.g. MiFID II and SMCR etc.

• In-depth knowledge of transaction reporting including MIFIR RTS 22, EMIR, SFTR and REMIT

• In-depth knowledge of MiFID onboarding processes and client classification

• Experience in a compliance or operational risk role within Financial Services.

• Excellent communication skills, both verbal and written.

• Previous experience analysing regulations and assessing their impact on the business.

• Able to build relationships and communicate effectively and efficiently to internal and external stakeholders.

• Able to work well with diverse groups and personalities.
   

Desired

• Experience of inter-dealer broking.

• Working knowledge of specific execution methodologies e.g. Name Give Up, Matched Principal, Exchange Give Up.

• Understanding of risk-based approaches and assessments as well as control design and implementation in Risk and Compliance.

Band & Level

• Manager / 7

#LI-Hybrid #LI-ASO

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement. 

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