Location: Canary Wharf, London
Job Type: Full-time, Permanent
Pay: £25,000.00 – £30,000.00 per year
Visa Sponsorship: Available
Burq FX, a prominent provider of cross-border B2B payment solutions, is looking for a highly skilled Chief Compliance Officer (CCO) to join our dynamic team in Canary Wharf, London. In this senior leadership role, you will be responsible for ensuring the company’s full regulatory compliance and managing risk within the financial services industry.
About Burq FX
Burq FX, operating as Zak Money Exchange Limited, is an innovative financial services firm specializing in providing seamless cross-border payment solutions. We are regulated by both the FCA (Financial Conduct Authority) and HMRC (Her Majesty’s Revenue and Customs), making compliance and risk management crucial to our success. As a fast-growing company, we pride ourselves on delivering effective, secure, and efficient financial services to businesses around the globe.
Joining Burq FX means becoming part of an exciting venture in London’s thriving financial hub – Canary Wharf. If you’re passionate about compliance and regulatory frameworks, we invite you to be part of our growth and success.
Key Responsibilities
As the Chief Compliance Officer, you will play a pivotal role in maintaining and enhancing the company’s compliance operations to ensure adherence to all regulatory requirements. Your responsibilities will include:
1. Compliance Framework Development
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Establish and maintain the company’s compliance framework in alignment with FCA and HMRC regulations.
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Ensure the compliance framework evolves as regulations change and as the company grows.
2. AML and KYC Implementation
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Oversee and ensure the effective implementation of Anti-Money Laundering (AML) and Know Your Customer (KYC) policies.
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Conduct regular assessments of the company’s AML and KYC processes to ensure they are robust and up-to-date.
3. Regulatory Liaison & Reporting
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Serve as the main point of contact for regulatory bodies, ensuring all necessary communications are clear and transparent.
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Lead the preparation and submission of regulatory reports, ensuring compliance with all reporting requirements.
4. Internal Audits & Risk Management
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Conduct internal compliance audits to assess the effectiveness of existing processes.
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Perform risk assessments and implement strategies to mitigate potential risks to the business.
5. Compliance Training & Guidance
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Develop and deliver compliance training to employees at all levels, ensuring the entire team understands and adheres to the regulatory requirements.
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Provide ongoing guidance and support to staff to ensure continued compliance.
6. Industry Monitoring & Updates
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Stay informed about industry developments, regulations, and trends.
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Implement necessary compliance updates and ensure all practices reflect current industry standards.
What We’re Looking For
We’re seeking a driven and experienced Chief Compliance Officer with a strong background in the financial industry. The ideal candidate will have a deep understanding of FCA regulations, AML, and financial crime compliance, and the ability to lead the compliance function within a fast-paced environment.
Key Requirements:
1. Proven Compliance Experience
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Proven track record in a leadership role within the financial industry, with specific experience in compliance and risk management.
2. Knowledge of FCA & HMRC Regulations
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In-depth knowledge of FCA regulations, including AML and KYC compliance, and a strong understanding of financial crime prevention.
3. Relevant Qualifications
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A relevant qualification in Accounting, Finance, or a related field is highly desirable.
4. Detail-Oriented & Fast-Paced Environment
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Strong attention to detail and the ability to thrive in a fast-paced, highly regulated environment.
5. Leadership & Communication Skills
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Excellent leadership and communication skills to effectively manage teams and liaise with regulatory bodies.
Why Join Burq FX?
At Burq FX, we offer a unique opportunity to work at the forefront of cross-border payments in one of the world’s most vibrant financial districts. As a member of our team, you’ll enjoy a competitive salary, a supportive work environment, and the chance to make a significant impact on the company’s continued success.
What We Offer:
1. Competitive Salary & Benefits
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Enjoy a competitive annual salary of £25,000.00 – £30,000.00, along with a benefits package tailored to your needs.
2. Career Growth Opportunities
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Be part of a fast-growing company with numerous opportunities for career progression.
3. Visa Sponsorship Available
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Visa sponsorship is available for qualified candidates who require it.
4. Dynamic & Collaborative Work Environment
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Work in a dynamic, team-oriented environment that values your contribution and encourages professional development.
5. Canary Wharf Location
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Join us in the heart of London’s financial district, offering easy access to the best professional networks and industry events.
How to Apply
If you are an experienced compliance professional with a passion for the financial services industry, we want to hear from you. Please submit your CV along with a cover letter outlining why you’re a perfect fit for the role of Chief Compliance Officer at Burq FX.
Important Application Questions:
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Do you have prior experience in a compliance leadership role within the financial services industry?
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Are you eligible to work in the UK, and would you require visa sponsorship to do so?
Location:
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Canary Wharf, London
Job Type:
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Full-time, Permanent
Salary:
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£25,000.00 – £30,000.00 per year
Schedule:
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Monday to Friday, 9 AM to 5 PM (Flexible hours possible)
Work Location:
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In person at Burq FX office, Canary Wharf