Chief Compliance Officer and MLRO/Partner

Chief Compliance Officer and MLRO/PartnerWELREX is a London-based digital wealth management platform that connects Independent Relationship Managers (IRMs) and their High Net Worth (HNW) clients with key Emerging Markets.

WELREX promotes transparency and strengthens trust between IRMs and their HNW clients, transcending existing global wealth management standards. We define Independent Relationship Managers as individuals handling a portfolio of HNW clients at private banks and other wealth management companies who are ready to conduct their independent business on a suitable platform.

We are particularly looking for someone who has held (or currently holds) FCA registration for SMF 16 and 17 in wealth management/investment management/asset management space.

NB! Initial compensation is likely to be solely equity based. Please do not apply if you need a salary or consultancy-based compensation on day one.

WELREX is offering:

results linked fair and generous compensation

opportunity to make substantial impact to the early-stage business

flexible working hours if needed

top level team of co-workers

challenging but exciting working environment

WELREX is looking for a person with:

integrity and universal values driven mentality

London base and UK citizenship/right to work in the UK (no need to sponsor a working visa)

can do attitude, non-standard problem-solving approach, and appropriate application of regulations given the company size

ability to work cross-functionally under pressure of commitments, performance standards, and deadlines

good verbal and written communication skills

balanced personality Hands on approach

proven track record of FCA compliance expertise in wealth and investment management space

professional experience within wealth management and/or investment management and/or asset management preferably with firms of various sizes

excellent general practical knowledge and experience of the FCA handbook (MiFID PRU, Systems and Controls and Conduct of Business rules)

outstanding ability to implement Consumer Duty, Senior Manager Certification Regime

practical knowledge of RegData, Connect, wealth management surveys and other regular FCA reports

ability to advise on U/HNW client onboarding from Emerging Markets making their onboarding journey compliant and smooth

pragmatic and business minded approach that is solution focussed

strategic view of compliance roadmap for a digitally native wealth management firm

ability to assist with formulating vision, strategy and implementation of the compliance function, match the limited resources to the business needs

ability to empower the team or client and investment managers to deliver solutions that emphasize compliance, quality, simplicity and reliability

making decisions individually and collectively

at least 10 years relevant hands-on experience in a senior/managerial role, preferably within entrepreneurial environment

track record of successfully delivering compliance solutions in a variety of situations

scaling technology function and leading continued innovation in synchronisation with CEO’s vision

NB! Initial compensation is likely to be solely equity based. Please do not apply if you need a salary or consultancy-based compensation on day one.

Seniority level

Executive

Employment type

Other

Job function

Legal

London, England, United Kingdom

3 weeks ago

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