Interactive Brokers (U.K.) Ltd. (“IBUK”) is seeking a Sanctions Manager to join the Financial Crime function of our rapidly growing company. You will manage the European Sanctions Compliance Programme and coordinate across European operating entities the design, monitoring, and enhancement of relevant systems and controls. This is fantastic opportunity for an experienced Sanctions professional to grow and develop in a market leading firm, gaining global exposure and management responsibility.

 

The role is based in our London office and will report into the UK Head of Financial Crime, additionally with accountability to the Heads of Financial Crime Compliance in the Hungarian and Irish operating entities. Applications to perform the role in Hungary or Ireland will also be considered.

 

We are looking for candidates that want to work in a dynamic and expanding Compliance department, for a Group which has invested significant resources in its AML programme over the past few years.  The successful candidate will join IBKR at a time when the Group is supporting the development of synergies and coordination across its new European operating entities.  IBKR is a stimulating environment characterised by a wide and varied global client base - from individuals to complex institutions - and a broad product offering.

 

We currently operate a hybrid working model at IBKR, and so you will be able to commute to our fantastic central London office (a stone’s throw from Liverpool Street station) 3 days per week.

 

Key Responsibilities:

 

  • Acting as the European SME on Sanctions risk management, identify, review, and interpret any new UK or EU sanction regime, changes thereof, and regulatory news. Assess business and risk impacts and define required changes to systems and controls for the firm to remain compliant and able to satisfactorily manage sanctions risks.
  • Coordinate efforts across Europe for the performance of relevant controls and contribute to the definition and maintenance of global, enterprise-wide Sanctions protocols, working with colleagues in the Americas and Asia offices.
  • Conduct or support reviews and investigations in specific Sanctions-related cases.
  • Input into the firm’s Compliance Testing and Monitoring Programme, contributing to the design of new, or changes to, existing second-line-of-defense controls, as well as to the definition of testing and monitoring methodologies, covering the entire Sanctions Programme.
  • Advise Business and other Compliance Units in relation to complex Sanctions issues, including those related to client sanctions exposure, and new products.
  • Input into the AML/Sanctions Risk Assessment, with the identification of inherent risks, the inventorying and assessment of relevant controls, and the definition of residual risks.
  • Identify, set, and calibrate KPIs and KRIs and independently prepare detailed management reporting to help measure adherence to the Financial Crime Risk Appetite. Produce and report management information, for various audiences, on the specific performance of various controls, including outsourced controls.
  • Assist in the ongoing updates of procedural documents.
  • Carry out any other ad-hoc tasks or additional anti-financial crime responsibility at the request of the Heads of Financial Crime.

 

Qualifications/Skills:

 

  • Working knowledge of the UK, EU, UN, and USA sanctions requirements.
  • Demonstrable ability to interpret and apply complex regulations to a complex operating environment, covering client onboarding, execution and clearing/custody arrangements, and cashiering activity.
  • A Bachelor’s degree is strongly preferred.
  • Strong analytical skills, able to manipulate data, produce MI, and write reports.
  • Strong oral and written communication skills.
  • Ability to work flexible hours.
  • Must have ability to work and thrive in a fast-paced medium-size office environment.

 

Location:

 

Heron Tower, 110 Bishopsgate, London, EC2N 5AY

8am – 5pm, Monday – Friday

 

Benefits:

  • Career support and development
  • Salary commensurate with experience
  • Performance based discretionary cash bonus scheme
  • Discretionary stock grant
  • Group Life Assurance cover
  • Group Income Protection
  • Occupation pension scheme based on Gross earnings
  • Hybrid working model
  • Above statutory annual leave, increasing with service
  • Daily company-paid lunch and healthy snack options throughout the day (when working from the office)
  • Access to Private Medical Insurance, Dental Plan and / or Health Cash Plan*
  • Corporate events
  • Travel season ticket loans
  • Cycle to work scheme

*on successful completion of the probation period

 

Other Terms and Conditions:

  • Candidates are on a probationary period of three (3) months.
  • Candidates must have a UK passport or a qualifying work permit/residency to work in the United Kingdom.

 

 

 

Company Overview

Interactive Brokers LLC, a subsidiary of Interactive Brokers Group, Inc. (Ticker: IBKR) is a direct access electronic broker serving professionals, frequent traders, institutional investors, financial advisors and introducing brokers. Our clients have access to more than 150 market centers around the world from a single integrated account. Our employees are part of a dynamic, multi-national, fast-paced, results-oriented team that has spent four decades focused on advanced technology and automation that equips our clients with a uniquely sophisticated platform to manage their investment portfolios. We provide our clients with advantageous execution prices, risk and portfolio management tools, research facilities and investment products, at low or no cost, positioning them to achieve superior returns.

Headquartered in Greenwich, CT, USA. IBKR has offices in more than 15 countries across the world.

IBKR is a member of NYSE, FINRA, and SIPC. Interactive Brokers Group brokerage affiliates are regulated by securities and commodities agencies around the world.

Click the link to view a short video with a few words from current Interactive Brokers employees: https://www.interactivebrokers.com/en/index.php?f=31899

 

 

Apply for this Job

* Required

resume chosen  
(File types: pdf, doc, docx, txt, rtf)
cover_letter chosen  
(File types: pdf, doc, docx, txt, rtf)


Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Interactive Brokers’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.


Form CC-305

OMB Control Number 1250-0005

Expires 05/31/2023

Voluntary Self-Identification of Disability

Why are you being asked to complete this form?

We are a federal contractor or subcontractor required by law to provide equal employment opportunity to qualified people with disabilities. We are also required to measure our progress toward having at least 7% of our workforce be individuals with disabilities. To do this, we must ask applicants and employees if they have a disability or have ever had a disability. Because a person may become disabled at any time, we ask all of our employees to update their information at least every five years.

Identifying yourself as an individual with a disability is voluntary, and we hope that you will choose to do so. Your answer will be maintained confidentially and not be seen by selecting officials or anyone else involved in making personnel decisions. Completing the form will not negatively impact you in any way, regardless of whether you have self-identified in the past. For more information about this form or the equal employment obligations of federal contractors under Section 503 of the Rehabilitation Act, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

You are considered to have a disability if you have a physical or mental impairment or medical condition that substantially limits a major life activity, or if you have a history or record of such an impairment or medical condition.

Disabilities include, but are not limited to:

  • Autism
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, or HIV/AIDS
  • Blind or low vision
  • Cancer
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or hard of hearing
  • Depression or anxiety
  • Diabetes
  • Epilepsy
  • Gastrointestinal disorders, for example, Crohn's Disease, or irritable bowel syndrome
  • Intellectual disability
  • Missing limbs or partially missing limbs
  • Nervous system condition for example, migraine headaches, Parkinson’s disease, or Multiple sclerosis (MS)
  • Psychiatric condition, for example, bipolar disorder, schizophrenia, PTSD, or major depression

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.