Compliance Manager

The Company

Formax UK are a subsidiary firm of the Formax Group, with FCA licensed products and are soon to be located in central London.

As a leading provider of financial products, technologies and services to both retail and institutional clients globally, we will not only continue to develop our existing operations, but also look to expand our products and services across the UK and Europe.

The Opportunity

We have an exciting opportunity for a compliance professional to join a growing firm at an exciting time in their development. You will be responsible for all areas of Compliance across the UK companies (FX & P2P lending), with the potential to progress to be the CF10 & CF11 stakeholder.

The role is ideal for someone who is looking forward to building on their current compliance experience and looking to take a step into management/operations

Responsibilities include:

·Providing management with the implementation and development of policies, practices and procedures to comply with FCA regulations and enhancing internal systems & controls.

• Development of the relationship between the Compliance Function and both internal and external clients


• Keeping abreast of the national and international regulatory environments and identification of developments that may impact the firm’s control framework.


• Ensuring that all operations are designed, implemented & monitored in line with FCA regulations and be aware of and keep up to date with any changes in regulatory practice through attending appropriate training, and maintaining competence in the relevant areas.


• Conduct compliance monitoring reviews & overseeing risk assessments to verify the integrity of compliance systems and controls to provide assurance/feedback to the business on their ability to meet regulatory/legislative obligations.


• Establishing and maintaining appropriate risk based framework systems & controls


• Liaising with stakeholders to oversee regulatory reporting requirements


• Implementing a strong compliance culture throughout the firm


• Assisting with reports to the board of directors and any ad hoc projects as required.

Essential Skills

• Educated to degree level


• Proven Compliance experience gained within financial services, preferably within FX or P2P Lending


• Strong knowledge of FCA regulations and a desire to succeed in a generalist compliance/aml role.


• Knowledge of AML/ KYC processes and requirements.


• Ability to make assess operational development and to work accurately to tight deadlines


• Adaptable & flexible, with an enthusiastic ‘can-do’ attitude.


• Excellent communication skills.


• Strong attention to detail.

This opportunity offers a competitive salary to a driven and dedicated individual with a proven background in FCA regulatory compliance/aml