Legal and Compliance Officer

THE COMPANY:

We are working with a regular client of ours, a commodities broker, who are searching for a Legal and Compliance Officer.  The ideal candidate will have experience in legal and/or compliance roles, specifically within a regulated financial services environment

THE RESPONSIBILITIES:

Legal Support:

• Draft, review, amend and negotiate key agreements, including the firm’s Terms of Business (ToB), Introducing Broker agreements, Tripartite agreements, NDAs, ISDAs and other contractual documents as required.
• Provide legal support/analysis for commodities transactions.
• Participate in business projects in the provision of legal advice.
• Assist in the preparation of regulatory inquiries, examinations, and enforcement action as directed by the HoC and Deputy HoC.
• Monitor, summarise and present on current and forthcoming company law which may impact the business
• Provide legal advice and assistance on new legislation and regulation, new markets and new products etc.
• Review netting opinions.
• Act as a conduit with external lawyers and manage the internal workflows.

Compliance Support:

• Assist in the research and drafting of Compliance Policies as directed by the HoC and Deputy HoC.
• Assist in the maintenance of the firm’s Anti-Money Laundering (AML) procedures by preparing onboarding and KYC/CDD review summaries ready for sign-off by the MLRO; maintain the MLRO Tracker documenting new onboardings and KYC/CDD  reviews.
• Draft minutes for review by the Head of Compliance (HoC) for the Risk and Compliance Committee, CASS Committee and Compliance departmental meetings.
• Assist in the resolution of onboarding issues as they arise in support of the MLRO/Deputy MLRO.
• Undertake communications surveillance by reviewing exception reports of electronic communications, log the results, escalating any issues to the HoC.

EXPERIENCE REQUIRED:

• LL.B. from an accredited law school
• 3 years of experience in legal and/or compliance roles, specifically within: A regulated financial services environment and have practical experience within a commodities business line, preferably with knowledge of LME/ICEU  Rulebooks; A law firm with a dedicated commodities, futures, or derivatives practice.
• Good drafting and negotiation skills in relations to a wide range of contractual matters and experience of industry specific documentation.
• Practical experience of dealing with a range of “business as usual” legal matters, such as general commercial contracts, data protection, IP issues, employment issues and disputes/litigation is an advantage but not vital.
• Experience with FIA documentation and clearing agreements etc
• Knowledge of AML/KYC requirements specific to financial institutions and commodities markets.
• Familiarity with sanctions regimes (OFAC, EU, UK).

For further information please contact Hannah Tabatabai