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Compliance Associate

  • Location

    City of London

  • Sector:

    Operations & Middle Office

  • Job type:

    Permanent

  • Salary:

    £50000 - £55000 per annum

  • Contact:

    Will Goodman

  • Contact email:

    will@kennedypearce.com

  • Job ref:

    SXCOMP_1642684100

  • Published:

    4 months ago

  • Startdate:

    ASAP

My Client are an institutional grade Financial Services Network that connects companies, organisations and investors to the global market Eco system. They are currently searching for a Compliance Associate to join their Wholesale Compliance Team on a permanent basis.

Job purpose

To support the continuing development of this highly successful business, we require a dynamic professional to play a key role in supporting the compliance department with its advisory and monitoring responsibilities. This role will sit within the Wholesale Advisory and Monitoring division of the Compliance department and will focus on providing advisory support

General Duties

  • Monitoring key regulatory developments and offering advice and guidance to other business units as required
  • Assist in the implementation of new regulations and other projects (e.g., Strong Customer Authentication implementation, Payment Services Regulations gap analysis)
  • Analysis and interpretation of relevant laws and regulations, including identifying changes to these that could affect the business
  • Perform ongoing tasks such as reviewing and signing off on financial promotions, gifts, and entertainment monitoring etc.
  • Assist in the implementation of suitable compliance controls to new business initiatives and new products
  • Assist with regulatory reporting matters
  • Perform "deep dive" ad hoc monitoring tasks e.g., a review of the Firm's outsourcing arrangements
  • Assist in the completion of ongoing tasks that sit within the team's Compliance Monitoring Programme ("CMP")
  • Assist with investigating and resolving ad hoc queries from regulators, exchanges, and other areas of the business
  • Management of the team's shared mailbox
  • Assist in the administration of compliance policies and procedures
  • Conducting Compliance Inductions and ad hoc face-to-face training to employees

Knowledge and Experience

  • University degree in business, law, finance, economics, politics, or other similar discipline
  • Previous relevant experience, preferably within a Payment Services Firm
  • Good working knowledge of regulations, in particular PSD2 and Safeguarding requirements
  • Good knowledge of other applicable regulations e.g., MiFID II, CASS
  • Good knowledge of products and markets that SFL is active in:

Products - Global Payments, exchange traded and OTC commodities, OTC FX, Securities and Precious Metals

Exchanges - ICE, LME, Eurex, Euronext, EEX

Qualification

  • Fluency in business English
  • Professional Compliance Qualification
  • Advanced computer competency, including Microsoft Outlook/Word/Excel

Skills

  • Effective planning, organisation, and time management skills
  • Ability to work extremely accurately, thoroughly, reliably and with strong attention to detail
  • Strong analytical skills
  • Commercial awareness
  • Team player
  • Ability to work independently and prioritise multiple tasks

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