Compliance Monitoring Officer

£400 - £500 per day

London based.

The Company

Excellent opportunity to join one of the most prestigious fintech companies, who operate across stocks, ETFs, Forex and Commodities.

A unique opportunity has arisen for a Compliance Monitoring Officer.

The successful individual will be undertaking compliance monitoring testing in accordance with an annual Compliance Monitoring Plan.

Skills & Experience Required:

To be considered for the role you will need to meet the following requirements:

  • Need someone that is experienced in running an operational compliance monitoring program.
  • Knows how-to pick-up compliance plans and run with procedures.
  • Familiar with compliance testing.
  • Ability to cover topics such as KYC, Market Abuse, AML, SMCR and conflicts.
  • Possesses strong reporting skills and can work on multiple projects simultaneously and respond to incidents.
  • Can draft planning materials, issues, reports and prepare test related materials.
  • Ability to work as part of a team and collaborate with the wider business.
  • Able to work independently and assess and prioritise workloads.

The Role

The role includes the following:

  • To undertake regular compliance monitoring in conjunction with the annual Compliance Monitoring Plan.
  • Identify gaps or weaknesses in the plan and propose remedial actions.
  • Manage the daily monitoring plan and ensure tests are completed on time and progress is made against the plan.
  • Assist in scoping, implementing, and managing second line testing. Vital that these tests conform with regulatory requirements and business process.
  • Report and discuss test findings with management and follow up on any remediation's.
  • Document findings, recommend actions and management responses with the agreed timescales and action owners.
  • Ensure that follow -ups are made on agreed compliance actions and report all outstanding actions to the Senior Compliance Manager, and where relevant the Head of Compliance.
  • Track the relevant business units on mitigating risk and supporting improvements across the business.
  • Supporting the wider compliance business on any ad-hoc tasks.

It is important the individual has compliance monitoring experience within financial services. An understanding of FCA rules and regulations is essential.