Head of Compliance

Posted 7 Days Ago
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London, Greater London, England
Hybrid
7+ Years Experience
eCommerce • Fashion • Retail
The Role
The Head of Compliance at Farfetch is responsible for ensuring compliance with the company's Code of Conduct and policies. They develop policies, provide guidance, implement controls, and mitigate compliance risks. The role involves partnering with business operations to design products, services, and controls to reduce vulnerabilities and govern compliance risks.
Summary Generated by Built In

Farfetch is a leading global marketplace for the luxury fashion industry. The Farfetch Marketplace connects customers in over 190 countries and territories with items from more than 50 countries and over 1,400 of the world’s best brands, boutiques, and department stores, delivering a truly unique shopping experience and access to the most extensive selection of luxury on a global marketplace.


LEGAL


We are a full service in-house Legal, Ethics and Compliance function, providing advice on strategic projects across all business areas, whilst developing our role as an integrated partner within the business.



LONDON


Our London office is located in Old Street, London’s tech hub, and is home to a wide range of teams. Our open space is ideal for collaborative work and sharing ideas. We also have a large outdoor terrace, which is the perfect spot to have a team lunch or host events.



ROLE


Reporting to VP Legal, the Head of Compliance has overall responsibility for ensuring compliance with our Code of Conduct and Company Policies. The Compliance team develops policies and standards, provides appropriate guidance, and helps to implement and monitor controls to identify and mitigate compliance risks across the entire organization. The team partners with the business and operations to design products, services, and controls that reduce compliance vulnerabilities and govern the process for measuring, monitoring, and reporting compliance risks

WHAT YOU'LL DO

  • Implement an effective compliance program across various compliance areas to ensure adherence to applicable legal and regulatory requirements and mitigate potential compliance risks
  • Work closely with internal and external stakeholders to understand business processes and relevant compliance risks in each process
  • Stay informed of any changes or additions to laws and industry regulations that affect the Company’s operations
  • Cultivate an environment where employees respect and adhere to Company standards of integrity and ethics by integrating these values into all programs and practices and creating awareness of relevant compliance matters
  • Lead the design, implementation, and evaluation of Anti-corruption-related controls to efficiently manage Corruption risks across the group and ensure effective implementation of Anti-Corruption Policies and Procedures
  • Implement and maintain the AML and Sanctions compliance program, including governance, policy and procedures, transaction monitoring and sanctions screening, independent testing, and any other issues relating to money laundering and sanctions requirements
  • Improve and update existing monitoring systems and tools to detect and prevent customer fraud and supplier abuse. Utilise data-driven insights and analytics to identify patterns, trends, and anomalies indicative of fraudulent behavior
  • Plan and establish annual training programs on various compliance topics, as well as the establishment of action plans for planned training courses, operation, and reporting of results
  • Work with internal teams and/or external vendors as needed to establish, develop, modify, and implement the training materials

WHO YOU ARE

  • Minimum 15+ years of experience in Legal, Ethics, Compliance, Forensic, Statutory/Internal Audits, Internal/external investigations, Anti-Corruption, risk management, and/or building financial controls.
  • Enterprise mindset; excellent communication skills; effective stakeholder influence and engagement skills.
  • Proven track record of successfully leading compliance functions.
  • A strong understanding of eCommerce operations will be an added advantage.
  • Strong analytical and problem-solving skills, with the ability to interpret complex problems and approach with a solution-oriented mindset.
  • Detail-oriented mindset with the ability to manage multiple projects and priorities simultaneously. 

REWARDS & BENEFITS

  • Employee Pension Scheme
  • Flexible Benefits Program
  • Health Insurance & Critical Illness cover
  • Flexible work environment

EQUAL OPPORTUNITIES STATEMENT

  • FARFETCH is committed to being an inclusive workplace where diversity in all its forms is celebrated. We make employment decisions without regard to race, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law, physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other classification protected by applicable federal, state or local laws or ordinances. If you require special accommodation, please let us know.

Reporting to VP Legal, the Head of Compliance has overall responsibility for ensuring compliance with our Code of Conduct and Company Policies. The Compliance team develops policies and standards, provides appropriate guidance, and helps to implement and monitor controls to identify and mitigate compliance risks across the entire organization. The team partners with the business and operations to design products, services, and controls that reduce compliance vulnerabilities and govern the process for measuring, monitoring, and reporting compliance risks

The Company
Los Angeles, CA
5,294 Employees
On-site Workplace
Year Founded: 2007

What We Do

FARFETCH is the leading global platform for the luxury fashion industry. Our mission is to be the global platform for luxury fashion, connecting creators, curators and consumers. Founded in 2007 by José Neves for the love of fashion, and launched in 2008, FARFETCH began as an e-commerce marketplace for luxury boutiques around the world. Today the FARFETCH Marketplace connects customers in over 190 countries and territories with items from more than 50 countries and over 1,300 of the world’s best brands, boutiques and department stores, delivering a truly unique shopping experience and access to the most extensive selection of luxury on a single platform.

FARFETCH’s additional businesses include Browns and Stadium Goods, which offer luxury products to consumers, and New Guards Group, a platform for the development of global fashion brands. FARFETCH offers its broad range of consumer-facing channels and enterprise level solutions to the luxury industry under its Luxury New Retail initiative. The Luxury New Retail initiative also encompasses FARFETCH Platform Solutions, which services enterprise clients with e-commerce and technology capabilities, and innovations such as Store of the Future, its connected retail solution.

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