regulatory/monitoring consultant

regulatory/monitoring consultant

Posted 4 days ago by Randstad

Apply
£55 Per hour
Undetermined
Undetermined
london, london
Apply
Best Execution Data Protection Strategy Derivatives Financial Regulations Financial Services Authority Markets In Financial Instruments Directive Outsourcing Workflows

Summary: The role of Regulatory/Monitoring Consultant involves conducting comprehensive regulatory analysis and engagement, particularly in the context of UK and EU financial regulations. The consultant will be responsible for designing control frameworks, revising governance documentation, and ensuring implementation readiness for regulatory compliance. This position requires extensive experience in regulatory advisory, particularly related to payment services and derivatives trading. Strong communication skills are essential for drafting materials and engaging with regulatory bodies.

Key Responsibilities:

  • Conduct jurisdiction-by-jurisdiction analysis to determine necessary licensing (e.g., UK PSR, EEA PSD, MiFID II) and evaluate safeguarding, operational resilience, and outsourcing requirements.
  • Lead the preparation of Variations of Permission (VoP) and notifications for the FCA and National Competent Authorities (NCAs), and prepare materials for Board, ExCo, and SMF approvals.
  • Draft and update policies regarding Market Abuse Regulation (MAR), Best Execution, Conflicts of Interest, and AML/Sanctions, and design 1LoD and 2LoD control narratives and surveillance coverage for trading activity.
  • Revise MTF Rulebooks, participant agreements, and fee schedules, ensuring Data Protection Impact Assessments (DPIAs) and records retention schedules are in place.
  • Define golive criteria, execute control testing, and conduct surveillance dry-runs, validating regulatory reporting feeds (MiFIR, UK MiFIR, EMIR) and operational workflows.

Key Skills:

  • 10+ years in UK/EU regulatory advisory covering payment services, MiFID II/MiFIR, and derivatives trading (RFQ/bilateral).
  • Proven track record of delivering VoP/licensing outcomes with the FCA and EU NCAs.
  • Deep understanding of safeguarding frameworks, operational resilience, MAR, and transaction reporting.
  • Experience in surveillance design and market conduct controls, including pre-hedging and algo/venue technical controls.
  • Exceptional drafting skills and experience in regulator-facing communications.

Salary (Rate): £55.00 per hour

City: London

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other

Detailed Description From Employer:

Core Responsibilities

  • Regulatory Perimeter & Permissions: Conduct jurisdiction-by-jurisdiction analysis to determine necessary licensing (e.g., UK PSR, EEA PSD, MiFID II). Evaluate safeguarding, operational resilience, and outsourcing requirements.
  • Regulatory Engagement: Lead the preparation of Variations of Permission (VoP) and notifications for the FCA and National Competent Authorities (NCAs). Prepare materials for Board, ExCo, and SMF approvals.
  • Control Framework Design: Draft and update policies regarding Market Abuse Regulation (MAR), Best Execution, Conflicts of Interest, and AML/Sanctions. Design 1LoD and 2LoD control narratives and surveillance coverage for trading activity.
  • Documentation & Governance: Revise MTF Rulebooks, participant agreements, and fee schedules. Ensure Data Protection Impact Assessments (DPIAs) and records retention schedules are in place.
  • Implementation Readiness: Define golive criteria, execute control testing, and conduct surveillance dry-runs. Validate regulatory reporting feeds (MiFIR, UK MiFIR, EMIR) and operational workflows.

Experience & Qualifications

  • Expertise: 10+ years in UK/EU regulatory advisory covering payment services, MiFID II/MiFIR, and derivatives trading (RFQ/bilateral).
  • Licensing: Proven track record of delivering VoP/licensing outcomes with the FCA and EU NCAs.
  • Technical Knowledge: Deep understanding of safeguarding frameworks, operational resilience, MAR, and transaction reporting.
  • Controls: Experience in surveillance design and market conduct controls, including pre-hedging and algo/venue technical controls.

Communication: Exceptional drafting skills and experience in regulator-facing communications.

Randstad encourage applications from individuals of all ages & backgrounds. Whilst appointments will be made on merit alone candidates must be able to prove their right to work in the UK or the Republic of Ireland (as relevant). Randstad acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003

Apply
Similar Jobs
Loading data...