BCS Global Markets has appointed Christian Griffiths as its new Head of Compliance for BCS Prime Brokerage Ltd (“BCS UK”).
Based in London, Christian will oversee and manage the BCS UK compliance function, identifying new areas of regulatory risk, and improving the overall efficiency and agility of existing compliance procedures and infrastructure. He will report to Maxim Safonov, in his capacity as CEO of BCS UK and Evelina Evtimova, Head of Legal and Compliance, BCS GM.
Christian brings with him 16 years of compliance and risk management experience, working across investment banks and global capital markets. Most recently, he was Head of Compliance Advisory, and Deputy Head of Compliance at Daiwa Capital Markets Europe in London. His primary role was to oversee the Compliance Advisory Division ensuring that the business and support functions were provided with robust and timely regulatory counsel. He was the Compliance department’s representative on the bank’s Operational Risk, Financial Crime, Legal and Compliance, People Conduct and Culture, and Front Office Management Committees.
Prior to this, Christian was European Head of Global Banking and Markets Regulatory Compliance at HSBC in London where he was responsible for the execution of risk based compliance and conduct reviews across primary DCM, ECM and Project Financing trading activity, Fixed Income Credit & Rates, Cash Equities and Equity Derivatives, Structured Products – managing a team of 30 people.
Previously he held roles as Compliance Executive Director at Mitsubishi UFJ, Front Office Compliance Manager at BNP Paribas, and Audit Manager at Citibank.
Maxim Safonov, CEO of BCS UK and co-CEO at BCS GM, commented:
“Well-managed compliance function is fundamental to our corporate culture of accountability and transparency. Christian’s vast expertise and track-record in managing institutional grade compliance functions across the investment banking and capital markets arena will allow us to further strengthen BCS GM compliance and build on an infrastructure crucial for our firm and our clients.”
A message from management of BCS Global Markets
The continuously evolving nature of the global coronavirus situation has meant we at BCS Global Markets (BCS) are taking all necessary steps to keep business disruption to an absolute minimum.
Effective from today (Wednesday 18th March) employees from all divisions of the business based in our Russia, UK, USA and Cyprus offices who can work from home without creating any even minor possible risk for business continuity of the Group will be working remotely. It is very much business as usual at BCS. Our employees are equipped with secure access to our systems and will follow their normal working hours, keeping in regular contact with their colleagues and clients.
Despite ongoing disruption caused by COVID-19, we want to also assure you that following a sustained period of positive performance, our capital and liquidity position remains very strong. The business is well-placed to meet any subsequent financial challenges and will continue to go above and beyond for our clients.