State Street Markets Compliance UK, Vice President
SKILLS
FULL DESCRIPTION
[Employer hidden — view at passion-project.co.uk] Markets Compliance UK, Vice President - London Hybrid
[Employer hidden] is hiring a Vice President for Markets Compliance in London. This is a hybrid role with 4 days in the office per week. The successful candidate will lead compliance oversight for multi-asset-class trading including FX, derivatives, and swap-dealer activities.
Who we are looking for
[Employer hidden] Markets is a globally recognized capital markets business spanning multi-asset-class agency, principal trading and outsourced trading, coupled with a world leading securities financing program and market infrastructure products. We seek a highly experienced compliance professional to lead the compliance oversight program for a strategically important business line within [Employer hidden] Markets UK. This role requires deep subject matter expertise in multi-asset-class Capital Markets & Financial Instrument Trading, Algorithmic Trading and Swap-Dealer Financial Markets Trading, combined with strong understanding of UK and pan-European regulatory frameworks (e.g., MiFID II, MAR, MiFIR), industry best practice and market conventions (e.g., Global FX Code). Expertise in Foreign Exchange (FX), Derivatives, and Swap-Dealer financial markets trading is a plus.
Why this role is important to us
The team supports institutional investors globally. A strong compliance function and culture of risk excellence is essential. You will help build resilience and execute day to day deliverables.
What you will be responsible for
- Compliance Oversight: Lead the design, implementation, and ongoing enhancement of the compliance oversight program for FX, derivatives, and swap-dealer activities. Monitor adherence to applicable UK and EU regulations, including FCA rules, MiFID II, Market Abuse Regulation (MAR), and the Global FX Code.
- Regulatory Engagement: Serve as the primary compliance point of contact for regulatory inquiries and examinations. Interpret regulatory developments and assess impact on trading and operational practices.
- Stakeholder Management: Engage with senior leaders across trading desks, operations, risk management, surveillance, legal, and audit functions. Provide strategic compliance advice on new products, market initiatives, and regulatory change.
- Risk Assessment & Controls: Oversee compliance risk assessments and ensure effective controls. Partner with surveillance and monitoring teams to identify and address potential market abuse or misconduct.
- Training & Culture: Promote a strong compliance culture through targeted training and awareness programs. Design and administer policies and procedures to ensure regulatory compliance.
What we value
- Extensive experience in compliance within global markets, with a focus on FX, derivatives, and swap-dealer financial instrument trading.
- Strong knowledge of UK FCA regulations and pan-European frameworks (MiFID II, MAR) and familiarity with global standards such as the Global FX Code.
- Proven ability to lead compliance programs and influence senior stakeholders in a complex, matrixed environment.
- Excellent communication skills and ability to articulate regulatory requirements in a commercial context.
- Prior experience engaging with regulators and managing regulatory examinations is highly desirable.
Education & Preferred Qualifications
Bachelor's degree, Masters or other advanced degree preferred. Industry recognised compliance, legal and/or audit qualification would be a plus. 10+ years of experience working in compliance risk management, legal and/or internal audit, preferably at an international financial institution.
About [Employer hidden]
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We are committed to fostering an environment where every employee feels valued and empowered. As an Equal Opportunity Employer, we consider all qualified applicants. Discover more at StateStreet.com/careers.
Benefits
Medical Care and Insurance, Well-Being Programs, Financial Well-Being, Holidays and Time Off, Supporting Families, Other Benefits. For details, refer to the job posting.