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

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