Compliance Associate / Senior Associate

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Maxis Investments Ltd
  • 16 Apr 18 2018-04-16

London based UK securities and investment firm is looking for a Compliance Associate / Senior Associate on a Fixed term contract for maternity cover. Monitoring business activity and conducting regular reviews to ensure compliance with the FCA rules and regulations, relevant guidelines and policies, analysing regulatory changes and developing a framework of internal codes, policies and procedures and implementing best practice.

Duties and Responsibilities

•Undertaking the Compliance Monitoring Programme covering the UK regulated Brokerage and Investment Advisory business, in line with FCA Handbook requirements;

•Maintain and monitor the Company’s Compliance Manual and Compliance Monitoring Program and adjust in line with continuous FCA handbook changes. Liaison with all business areas including employee training as required;

•Reporting on findings of the compliance monitoring programmes with suggested recommendations;

•Assist in the preparation of compliance/ regulatory update reports to the Board and Group; •Maintain awareness of regulatory/compliance developments, assess the impact to the business and initiate necessary changes or seek to ensure that relevant managers initiate such changes;

•Reviewing client account opening and verification KYC documents in line with UK AML regulations and remaining abreast of changes to AML regulations;

•Reviewing counterparty account opening documents and counterparty risk;

•Preparing and updating Company's internal procedures and policies for different areas of business to minimize operational risks and to ensurecompliance with the FCA and other relevant rules and regulations;

•Providing advice regarding the interpretation of FCA rules and guidance to the Firm and addressing Auditors queries together with the Finance Department during the audit process. •Provide advice as necessary (under supervision) on UK financial services compliance matters in connection with both existing and new business proposals.

•Ensuring the timely submission of FCA Gabriel reporting under supervision; •Conducting regulatory reporting responsibilities of the firm in coordination with Finance and Operations departments, specifically the monthly CMAR.

•Oversee the operational effectiveness of the firm’s systems and controls in line with the firms CMP that are designed to achieve compliance with the UK rules.

•Assisting dealing and investment management staff with relevant compliance issues (e.g. trade allocation, best execution, conflicts of interest management, WHT, new markets); •Remaining abreast of relevant regulatory developments and their implications for the Company;

•Ensuring employees are issued with and return the required compliance documentation; •Ensuring compliance information is held securely and that record keeping requirements are adhered to; and

•Assist with ad hoc projects


•Preferably 2-5 years of previous experience in compliance within a bank/financial institution (brokerage, investment firm) regulatory compliance departments of a financial consultancy/audit firm, or regulatory authorities. •Educated to at least degree level, preferably a degree in law or compliance & risk or CISI Diploma in Compliance (or in progress).

•Good working knowledge or strong interest in compliance with FCA guidelines and - regulations, specifically COBs, CASS, MIFID I, EMIR and a understanding of MIFID II, SMCR, GDPR, AML 4th Directive.

•A confident team player as well as being able to work on own initiative.

•Self-motivated with strong analytical skills •Good reporting and presentation skills plus have willingness and capacity to learn.

•A “can-do” attitude and thrive on challenges.

•Turkish speaking is essential