• Job Description

  Req#: R0074261

  The Senior Manager, Chief Compliance Officer (CCO) REDI & TORA is an existing role within the London Stock Exchange Group (LSEG). The role will support the Data & Analytics (D&A) Trading & Banking (T&B) Business team as a trusted partner. The CCO will provide guidance and advisory support to senior management within the T&B Business and protect the LSEG brand, its products and employees. The T&B Compliance team are part of the wider D&A division as well as members of the LSEG Legal & Compliance department.

  The role is located in the United States and reports into the D&A Compliance Director responsible for T&B who is based in London. The individual holding the role will primarily provide advisory compliance support for two SEC regulated broker-dealers with FINRA membership: REDI Global Technologies LLC & TORA Trading Services LLC. The CCO of REDI & TORA will have a significant focus on US Broker-Dealer compliance and exchange traded products including equities and establishing the necessary governance and standards to ensure the relevant legal, risk, compliance and regulatory requirements and obligations are managed in a robust and agile manner in line with risk appetite.

  The successful candidate will be a business partner, ensuring compliance for the firm’s two broker-dealers while also providing advice regarding emerging business initiatives and regulations that impact REDI & TORA and LSEG customers. The role will require strategic support of the potential integration of the two broker-dealers onto a single LSEG platform. It will require a high caliber proactive person to maximize its effectiveness. The successful candidate will need to be an effective communicator, possess strong influencing skills, and be responsible for enhancing the compliance framework and program by introducing approaches to make the role as efficient and effective as possible.

  The CCO of REDI & TORA will be responsible for supporting the following activities:

  • Business Relationship: Build and maintain business relationships across T&B within D&A as well as LSEG by providing timely and effective advice and developing the communication channels to ensure a two-way flow of information. Participate in regulatory projects that have a business impact, ensuring that changes are appropriately embedded. Promote compliance and help ensure compliance with policies and procedures.

  • Regulatory relationship and reporting: Support relationship management with relevant regulators across the globe, particularly within the USA such as SEC/FINRA/NFA, including regulatory ad-hoc notifications, client communications, BAU correspondence, and periodic filings. Maintain relevant regulatory licenses within the relevant jurisdictions and ensure all licensing requirements and obligations are being met.

  • Analysis and advice: Provide compliance advisory services to the business, but also valuable challenge & scrutiny, whilst maintaining a “trusted business partner” relationship. Sign off on marketing materials and financial promotion materials, ensuring compliance with local laws and regulations.

  • Regulatory strategy and change: Support regulatory change projects, to ensure the design and implementation proposed by the business addresses regulatory risks and obligations, including leading sub-workstreams, where required. Provide input into regulatory horizon scanning, including drafting responses to consultations, and collaborating with Compliance, Legal, Risk and Government Relations teams.

  • Governance and Management Information (MI): Prepare concise and effective MI reports, participate in and present at various governance forums and committees, and be empowered to escalate risks, issues, or concerns via senior colleagues and forums. Ensure proper governance arrangements are adhered to.

  • Policies: Support the management of compliance policies and policy governance. Develop, review, and update the suite of regulatory policies and procedures in line with the LSEG framework, including providing input into business processes. Design, implement and enhance compliance governance and controls working with the Central Compliance team. Manage and implement an effective compliance program for the entities to ensure they are operating in accordance with licensing obligations.

  • Controls: Assist in the review that addresses whether Compliance controls are fit for purpose and address regulatory requirements. Assist in documenting the outputs of the assessments and in working with the business on developing remediation plans to mitigate regulatory risks where required.

  • Assurance and audits: Enable effective assurance by supporting internal reviews and external audits of the business as required, including inputting to the risk assessment, plan, execution, and remediation of reviews. Assist the business to devise and close out corrective action plans. Participate and assist in the identification of policy breaches and in providing appropriate reporting to management.

  • Compliance Monitoring: Support a dynamic compliance environment by assisting in the development and maintenance of a comprehensive compliance monitoring and assurance programme.

  • Business and Regulatory integration: liaise with the business and Technology to ensure policies and controls are embedded in relevant workflows.

  The CCO of REDI & TORA will need the following key behaviours and skills:

  • At least 10 years of compliance or relevant risk, regulatory, consulting, or business-related experience, which should include working within a financial infrastructure firm or a financial services firm. An ideal candidate will have previous experience at a broker-dealer.

  • An understanding of the compliance issues impacting financial services, and in particular financial market infrastructure providers, with particular focus on FINRA and SEC regulation applicable to broker-dealers.

  • Experience managing a sophisticated team, willingness to delegate and oversee progress.

  • Candidate must possess, or be willing to acquire with LSEG support, the necessary FINRA series exams to be a licenced CCO in the US which may include but not be limited to: Securities Industry Essentials (SIE), Series 3, Series 7, Series 14, Series 24, Series 63.

  • The ideal candidate will have in-depth regulatory as well as product knowledge and experience with regard to broker-dealer products and financial markets; be familiar with diverse regulatory rules and requirements.

  • Candidate should have familiarity with some or all of the following asset classes: equities, foreign exchange, fixed income, commodities, plus derivatives such as forwards, futures, options, swaps.

  • Previous trading experience or compliance oversight of Order & Execution Management Systems (OEMS) platforms preferred.

  • Effective communication and interpersonal skills are essential, together with the ability to work as part of a team, with a real drive to add value to the business.

  • The ability to advise and influence on managing regulatory changes, risks, and incidents; adept at cross functional team collaboration and working in a matrix environment with multiple stakeholders.

  • An analytical mind, the ability to solve complex problems and streamline processes.

  • Ability to take a risk-based approach to issues, think critically and ask difficult questions.

  • Highly organised individual who can manage multiple workstreams across different projects.

  • Self-motivated individual with the ability to work under tight deadlines, execute effective project management, and prioritise under pressure.

  • Experience in drafting policies, conducting regulatory analysis, along with preparing reports for regulatory bodies and internal management.

  • Strong MS Office skills.

  Compensation/Benefits Information ( New York City applicants only ):

  LSEG is committed to offering competitive Compensation and benefits. The anticipated base salary for this position is $121,400 - $225,600.

  Compensation/Benefits Information ( for all California based roles ):

  LSEG is committed to offering competitive Compensation and benefits. The anticipated base salary for this position is $121,400 - $225,600.

  Please be aware base salary ranges may vary by geographic location, city and state. In addition to our offered base salary, this role is eligible for our annual incentive (AIP/"bonus plan"). Target AIP rates will be commensurate with role level and posted career stage. Individual salary will be reflective of job related knowledge, skills and commensurate experience. All roles are typically eligible for inclusion in our LSEG benefit program, more information & details will be provided at time of offer.

  At LSEG, we believe that creating a diverse and inclusive organisation is fundamental to the way we deliver on our promise of creating essential partnerships and open opportunities. Our open culture is central to how we deliver our purpose – driving financial stability, empowering economies and enabling customers to create sustainable growth – in everything we do.

  Working with us means that you will be part of a dynamic organisation of 25,000 people across 70 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

  LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

  We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

  Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject.

  If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

• About the company

  Refinitiv is a global provider of financial market data and infrastructure.

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