About

• The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions. The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform. Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist. Role Overview This is a critical leadership role within the Group Compliance team. You will lead TP ICAP’s global Anti-Financial Crime (AFC) strategy, ensuring consistent standards across regions. You will serve as the central point of contact and subject matter expert on financial crime risk, including Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), Anti-Bribery and Corruption (ABC), and Sanctions compliance. In addition, you will hold the Senior Management Function 17 (SMF17) designation for the UK and act as the UK Money Laundering Reporting Officer (MLRO), with responsibility for regulatory reporting, governance, and oversight in line with the FCA’s Senior Managers & Certification Regime (SM&CR). Key Responsibilities Global Head of Anti-Financial Crime Define and lead the global anti-financial crime strategy, ensuring alignment with regional regulatory requirements. Oversee the Group’s AFC function, including the Anti-Financial Crime Hub, and ensure the consistent design and implementation of standards and frameworks. Ensure the delivery and maintenance of effective AFC systems, controls, policies, and procedures across the Group. Lead the AFC Risk Assessment process and manage the remediation of internal audit findings. Actively support regional and business leaders in meeting regulatory expectations through guidance, collaboration, and oversight. Drive awareness through training, policy implementation, and compliance with AML/KYC standards globally. Collaborate with internal functions, including Surveillance and Advisory Compliance, to ensure holistic financial crime risk coverage. Oversee technology optimisation to strengthen AFC controls and reporting. Support change initiatives, business growth, and new product developments from a financial crime risk perspective. UK Money Laundering Reporting Officer (SMF17) Receive, review, and assess internal suspicious activity reports (SARs) and determine onward disclosure to the National Crime Agency (NCA). Lead all UK AML and Sanctions regulatory reporting requirements, including annual FCA submissions. Advise staff on appropriate procedures post-SAR to avoid tipping off or prejudicing investigations. Manage escalations from onboarding and business teams relating to AML/KYC concerns. Ensure the implementation of proportionate and risk-sensitive AML/Sanctions due diligence and ongoing monitoring procedures. Maintain and update UK-specific AML and Sanctions policies. Act as the point of contact with UK regulators on financial crime matters and ensure timely and appropriate responses to requests. Provide comprehensive MI including the MLRO annual report to senior management and governance committees. Senior Manager & Risk Responsibilities Fulfil the duties of an FCA Senior Manager, ensuring adherence to Conduct Rules and regulatory obligations. Ensure clear understanding and active management of financial crime risks within your remit. Champion a strong risk culture and meet the firm's risk and control expectations as part of performance and attestation processes. Experience & Competencies Essential Extensive senior-level experience in Financial Crime Compliance, including acting as an MLRO or Deputy MLRO in a regulated financial services firm. Proven expertise in managing global or multi-regional Anti-Financial Crime frameworks and policy design. Experience engaging with financial regulators on AFC matters, including SAR reporting, audits, and supervisory reviews. Demonstrated ability to lead and manage cross-functional teams across multiple jurisdictions. Experience interpreting and applying relevant financial crime regulations, including UK Money Laundering Regulations, JMLSG, The Bribery Act, Sanctions, and global equivalents. Educated to degree level (or equivalent practical experience). Strong leadership and team management skills, with a track record of building high-performing, inclusive teams. Excellent stakeholder management, with the ability to engage and influence senior executives and regulators. Analytical mindset and sound judgment, particularly in high-pressure and ambiguous scenarios. Strong policy writing and report drafting skills, with attention to both legal precision and operational clarity. Pragmatic, solutions-focused approach to managing complex or evolving financial crime risks. Understanding of how to develop technology / AI for AML purposes in particular for transaction monitoring Desired Experience in wholesale financial markets or capital markets infrastructure. Exposure to AML systems implementation, FinCrime technology optimisation, and data analytics tools. Familiarity with US and APAC financial crime regimes (e.g., FCPA, OFAC, MAS). Experience working within a matrix or highly regulated global organisation. Recognised professional certification in Financial Crime (e.g. ICA Diploma, ACAMS). Ability to interpret financial and trading counterpart structures and risk models. Strategic thinker with a global perspective and commercial awareness. Confident public speaker and trainer, able to engage audiences and build awareness of financial crime issues. Senior Manager Functions This role will be designated one or more Senior Management Functions under the FCA Senior Managers & Certification Regime. As a Senior Manager, you must be approved by the FCA. Further, you must comply in full with the FCA Conduct Rules which apply to you as a Senior Manager and to all other regulatory rules and obligations which apply to you in this role (as documented in your contract of employment, any side letter or any applicable Company policies and procedures). Band & Level Functional Head / 9 #LI-DIR #LI-Hybrid Not The Perfect Fit? Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us. Company Statement We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement. Location UK - 135 Bishopsgate - London Connecting clients, communities and colleagues for sustainable growth TP ICAP connects people, platforms, ideas, and insight across the world’s financial, energy and commodities markets. As a global leader in market infrastructure and data-led solutions, we enhance market access, increase efficiencies, and unlock possibilities. Work with us Joining TP ICAP puts you at the heart of markets that matter. You’ll have the freedom to innovate and act on your initiative. We’ll train you and build your abilities in your specialist area, so that you can become an expert in your field. And all within a connected network that’s there to set you up for success. More about us TP ICAP Group is a collection of premium brands each with a distinct, client-focused offering. Underpinning and connecting these client-facing brands is the financial security, operational strength and know-how we have as a Group. Connections are at the heart of what we do. We combine our people’s know-how with the latest technology to improve price discovery, trade execution and liquidity flow. Connections create strength. Through them, we help our clients to manage risk, realise investment strategies and expand the scope for growth. And connections act as a catalyst. Sparking richer solutions for our clients to break new ground, modernising markets for future performance, and creating dynamic careers for our people. Our capacity to connect builds trust, supports communities and gives us the power to anticipate and respond to change, whatever direction the world takes. It’s what makes TP ICAP a mainstay in the global markets, now and in the future. TP ICAP. We connect.