An exciting opportunity exists for an experienced Compliance Senior Manager to join the Digital and Securities Markets (DSM) Compliance team within LSEG, to lead on 2nd line compliance advisory support to the Digital Market Infrastructure (DMI) business.
The successful candidate will provide oversight, guidance and challenge to ensure a robust compliance framework is developed and maintained. The individual will also hold the Senior Manager Function (SMF) 16 (Compliance Oversight) position and as such will lead the compliance function in the firm and reporting to the governing body on this.
Reporting to the Head of DSM Compliance, the core focus of the role will be to support the DMI business, providing advice and guidance on the applicable rules and regulatory requirements, and ensuring appropriate processes and controls are maintained to meet those requirements.
DMI operates an FCA-regulated entity, which uses distributed ledger technology (DLT) to deliver a secure and scalable marketplace for private funds. Built in partnership with Microsoft, LSEG’s ambition is to grow its DMI business to provide market-leading solutions across the full spectrum of private fund activities, and other DLT-based asset classes. LSEG is participating in the Bank of England’s Digital Securities Sandbox as it develops its on-chain settlement offering, the LSEG Digital Securities Depository (DSD). As the DMI business expands, coordination with DMI’s regulated activities in other jurisdictions, as appropriate and in line with regulatory requirements and expectations, may also be needed.
Key Responsibilities
Provide timely and accurate input/advice to the DMI business on regulatory and licensing requirements for DMI projects/products, with particular focus on DLT-based initiatives including tokenisation, settlement and opportunities for DMI to support wider LSEG strategic ambitions.
Lead on the delivery of reporting to, and advising, DMI governance forums, including the Board, and divisional compliance senior leadership on the compliance framework for DMI. Activities will include undertaking compliance assurance reviews, in conjunction with the Central Compliance Assurance team, both as required under the regulatory obligations of the business and as identified through risk-based assessments. The successful candidate will represent the compliance function at key internal governance forums, and ensure risks are appropriately identified, raised and mitigated as needed.
Lead liaison with DMI’s primary regulatory authority, the FCA, as the primary contact for DMI, as well as with the Bank of England for DSS activities, including through collaborating as appropriate on new initiatives/products, responding promptly to questions or requests, and in ensuring the business meets its notification requirements.
Assist the businesses in developing commercial projects from a regulatory perspective, including obtaining regulatory permissions and licenses where required.
Assist in the management of regulatory filings and obligations arising from DMI’s regulated activities, including reporting to the FCA and other global regulators as appropriate.
Co-ordinating and supporting the wider Markets Compliance team as required, including with regulatory horizon scanning, rules mapping, obligations and risk assessments and the production of management information.
Key behaviours, skills and experience
Previous experience, preferably gained in Securities markets Compliance.
Effective communicator at all levels with excellent partnership and engagement skills.
Pragmatic with attention to detail, a good problem solver and able to work in a multi-team, constructive manner.
Able to work well with other departments and develop good working relationships across the business at all levels.
Good analytical skills.
Good organisational skills with the ability to progress issues on a timely basis, be flexible and prioritise workflows.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.
Career Stage:
ManagerLondon Stock Exchange Group (LSEG) Information:
Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.
You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
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