FAQs
What is the primary responsibility of the Head of Compliance & Anti Financial Crime in Europe?
The primary responsibility is to ensure compliance with regulatory requirements across Europe, particularly in Germany, while managing anti-financial crime initiatives and maintaining strong relationships with regulators.
What kind of access does the Head of Compliance & Anti Financial Crime have within the organization?
The officer has unrestricted access and examination rights to all relevant data and information necessary for effective regulatory functions. They are generally independent in performing their role and can give instructions to employees and managers as needed.
What are the key tasks related to regulatory development?
Key tasks include reviewing regulatory developments across Europe, assessing their applicability, proposing solutions, and managing the implementation of those solutions.
How does the Head of Compliance & Anti Financial Crime ensure the organization meets regulatory standards?
By continuously developing documentation such as policies, procedures, and frameworks in alignment with the evolving regulatory environment.
What role does the Head of Compliance play in relationship management?
The role involves cultivating strong relationships with regulators, managing interactions, and responding to regulatory queries, requests, and consultation papers.
What type of training is provided to staff by the Head of Compliance & Anti Financial Crime?
The officer is responsible for designing and delivering bespoke compliance training to staff, focusing on key business aspects and current regulatory issues relevant to the GmbH.
What is expected in terms of communication and stakeholder management?
The Head of Compliance must maintain clear communication and strong working relationships with key stakeholders within CMC Markets Germany GmbH, as well as with the broader European and UK Group.
How is risk managed within the organization?
The officer provides proactive support in the risk process to identify, assess, treat, report, and monitor risks, promoting a strong risk culture throughout the region.
What competencies are essential for this role?
Essential competencies include managing customer service standards, developing people and teams, leadership, decision-making, business acumen, resilience and drive, and effective communication and stakeholder management.
What type of management information is required from the Head of Compliance?
The officer must provide sufficient management information to local and Group management bodies to ensure oversight and compliance with regulations.
What is required for personal/professional development in this role?
The Head of Compliance must maintain their personal and professional development to meet the changing demands of the role, including completing relevant regulatory and legislative training.