Senior Compliance Officer

Recruiter
Elliott James Consulting
Location
London (Central)
Posted
12 Jan 2018
Closes
13 Feb 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

Elliott James Consulting have an exciting opportunity for a Senior Compliance Officer to work with a leading Investment firm based in The City of London. Candidates should have a minimum of 3 years experience working as a Compliance Officer within a firm that works around CFDs and Spread Betting. The role has a potential to turn into a mangerial position within 6-12 months.

The duties of the role include:

  • Management of the compliance department of the firm, including effective compliance monitoring of the firm’s overseas offices, providing advice as necessary.
  • Assess the effectiveness of the firm’s systems and controls.
  • Updating, maintaining and enhancing the firm’s compliance program, policies and procedures and the compliance manual as and when necessary.
  • Client money monitoring and reporting.
  • Transaction reporting as and when required under FCA, MiFID and EMIR rules.
  • Liaising with regulators, including responding to routine queries, audits, investigations and thematic reviews.
  • Critically reviewing and approving of financial promotions including those from overseas branch offices.
  • Monitoring regulatory developments affecting the firm’s business, and then working with other departments to ensure timely implementation.
  • Assisting and monitoring of client on-boarding process. Approving CDD/EDD checks for new customers and reviewing existing files for accuracy and completeness.
  • Working with the finance function to prepare regulatory returns to the FCA.
  • Work jointly with finance and operation in reviewing and updating the ICAAP.
  • Attending Executive Committee meetings to present Management Information (MI) on a range of issues including, Anti-Money Laundering (AML), Anti-Bribery and Corruption (ABC), Clients Assets (CASS), Treating Customers Fairly (TCF), Internal Capital Adequacy Assessment Process (ICAAP), Complaints and staff training and staff competency issues.
  • Administering compliance training to staff in respect of regulatory issues, UK financial services standards and internal Company Policy.

The successful candidate should:

  • Have a minimum of 3 years experience of working as a Compliance Officer with a firm that trades CFD and Spread Betting.
  • Have experience of writing policies and procedures.
  • Have experience of being involved in a MiFID II implementation.
  • Have a good understanding of the current regulations that effect investment firms.