Head of Compliance - Data & Analytics

The role oversees compliance for LSEG’s Data & Analytics division operating on a global basis; reports to the Group Chief Compliance Officer, is a member of her Leadership Team and the Leadership Team of the Data & Analytics division. The role holder will lead a team of regulatory compliance specialists and provide expert advice to senior leaders within the Data & Analytics Division to resolve complex regulatory matters. The role holder is responsible for monitoring and, on a regular basis, assessing the adequacy and effectiveness of the measures put in place to minimise regulatory and compliance risk and the actions taken to address any deficiencies in the Data & Analytics division’s compliance with regulatory requirements.

Key responsibilities

• Holds responsibility for the provision of expert compliance advice and services for the D&A division, championing a continuous improvement culture, and ensuring the organisation complies with all applicable regulatory requirements and best practices.
• Leads an international team, setting a clear vision and strategy which aligns to the strategic objectives of the D&A division, the Legal & Compliance function and the Group.
• Ensures that the D&A Compliance team is adequately resourced, in terms of headcount, knowledge and experience, and has the appropriate systems and controls, to deliver against its objectives.
• Maintains and expands legal and regulatory knowledge within the team. Demonstrates subject matter expertise on current and potential future laws, controls and regulatory requirements that may impact the D&A division and its customers
• Develops and maintains a collegiate co-operative relationship with key internal and external stakeholders including the other control functions (Risk, Legal, Internal Audit) and all relevant regulatory and supervisory bodies and trade associations.
• Ensures timely identification, analysis and communication of regulatory developments to enable the effective management of their impact within the D&A division working alongside the Group Head of Financial Regulatory Change
• Represents Compliance on internal governance fora, including steering committees and legal entity Boards and assures appropriate delegation is in place, where necessary.
• Ensures the divisional and senior management have sufficient information about the regulatory environment, current issues and actions to manage the business effectively and are apprised of such matters on a timely basis.
• Manages, controls and oversees compliance activities, including any required regulatory notifications in jurisdictions where the D&A division carries on business, or where business is expected to be undertaken.
• Establishes procedures for the effective remediation of instances of non-compliance.
• Ensures the ongoing strength, efficiency and integrity of the relationship between the regulated entities within the D&A Division and their regulators and establishes and maintains relationships with new regulators, as may be required.
• Tracks and ensures completion of all new and ongoing obligations from financial regulatory supervisors within the D&A Division
• Contributes to new and existing business initiatives (including structural changes) where applications to, and/or confidence of, regulators are required, seeing the process through from first ideas to implementation, and on an ongoing basis.
• Oversees risk controls related to the function, reporting any issues through the Risk Controls Assessment (RCA).
• Contributes to the Group strategic approach to compliance and oversees delivery within the D&A division.
• Works with the Central Compliance Team to establish and maintain compliance procedures, implementation of policies and a comprehensive compliance monitoring and assurance programme.
• Coordinates with the Legal & Compliance leadership to ensure effective implementation of strategy and continual improvement in efficiencies and standards within the function.

Skills and Experience

• Degree or equivalent and / or relevant professional qualification
• Long term foundational compliance and regulatory experience
• Experience in working across divisions and cross functional market expertise
• Extensive knowledge of applicable regulatory requirements, asset classes and market function
• Strong influencing skills, able to effectively partner with business leaders
• Comfortable working in a matrixed environment