Compliance Manager, Futures Clearing, Compliance

About Us

CITIC Securities International is a wholly owned subsidiary of CITIC Securities and its overseas business platform. Our award-winning research, extensive footprint in Asia, direct links to China and highly experienced finance professionals set us apart within the industry. As part of CITIC Securities (SSE: 600030, SEHK: 6030), China’s leading investment bank, CITIC Securities International is uniquely positioned to facilitate cross-border capital flows and connect China to the world and the world to China. CITIC Securities International operates from 13 countries across Asia, Australia, Europe and the Americas. We offer comprehensives financial solutions to a large and diverse client base that includes global institutional investors, corporations, governments and high-net-worth individuals.

Position Description

As the Compliance Manager you will play a crucial role in ensuring the company's compliance with regulatory requirements for its derivative clearing business. Responsibilities include formulating policies, liaising with regulatory authorities, and monitoring adherence to UK and EU regulations. Your expertise in global futures business regulations, derivatives, and strong communication skills will be vital for maintaining a cohesive compliance framework. This dynamic role offers the opportunity to contribute significantly to the success and integrity of the business through enhancing surveillance systems and driving regulatory compliance initiatives.

Key Areas of Responsibilities

• Provide compliance support to start up the company’s derivative clearing business.
• Formulate and review internal compliance policies and procedures to guide the company’s futures business.
• Liaise with relevant regulatory authorities such as trading venues, clearing houses, handle exchange membership applications and follow up queries.
• Collaborate with the business, other departments and external counsels to ensure a cohesive compliance framework.
• Proactively monitor compliance with relevant UK and EU regulations, including the Financial Conduct Authority (FCA) rules, Market Abuse Regulation (MAR), relevant exchange rules and other legislation applicable to derivative trading and clearing activities.
• Collaborate with other departments to ensure a cohesive compliance framework.
• Ownership of the client derivative trading activity surveillance program, lead the development of surveillance system enhancements and subsequent testing and monitoring of the business.
• Ad hoc tasks to support the wider compliance team.

Requirements

• Educated to degree level.
• Experience in a compliance, reporting, trade surveillance or regulatory operations role is desirable.
• Extensive knowledge in related regulations, guidelines, and practices applicable to global futures business.
• Familiar with the Financial Conduct Authority (FCA) rules, Market Abuse Regulation (MAR), relevant derivative exchange rules and other applicable legislation.
• Knowledge of oil, metal and financial derivatives, and CASS is highly desirable.
• Good team player with excellent communication and interpersonal skills.
• Excellent learning and analytical skills on regulations, excellent drafting skills on compliance related materials.
• Previous experience in a markets related Compliance role at a securities firm or Exchange.

CLSA may collect personal data from you for purposes relating to your engagement with the Company, including human resource management and other business and internal / external compliance purposes. Any personal information and /or data collected and held by the Company may be used by the Company or transferred (whether within/ outside the United Kingdom) to any other parties within the Company, subsidiaries and affiliates of the Company, internal or external service providers, or any other relevant parties including governmental or regulatory authorities, for the above purposes.