Description

Compliance Officer

City of London

Hybrid - 3 per week in the office

Permanent

£75,000

cer Financial are working alongside a bank who are based in the City of London. They are seeking a Compliance Officer to work with them on a permanent basis.

The responsibilities of the Compliance Officer will include:

• • Maintain and embed the Compliance Risk Management Framework across the business.
  • Deliver monitoring and testing under the Compliance Monitoring Plan (CMP), including reviews of derivatives and complex products, and escalate findings.
  • Promote and oversee compliance with FCA and PRA requirements, fostering a strong compliance culture.
  • Design and deliver compliance training (e.g. derivatives, market conduct, regulatory updates).
  • Produce, enhance, and report meaningful compliance management information (MI).
  • Ensure timely resolution of compliance issues and continuous improvement of reporting.
  • Review and update compliance policies in line with regulatory changes, maintaining accurate records (e.g. Riskonnect).
  • Strengthen controls in key regulatory areas (e.g. client money, safeguarding, AML, derivatives trading).
  • Manage SMF/Certified registrations, Directory Persons, and regulatory attestations (including annual Fit & Proper).
  • Review and approve financial promotions and client communications.
  • Provide regulatory advice on new products/services and support regulatory reporting and information requests.
  • Monitor regulatory developments (e.g. EMIR, MiFID II, SMCR, AMLD) and support implementation.
  • Provide compliance advisory support to front office and support functions (derivatives, FX, payments).
  • Engage with industry forums and maintain knowledge of best practice in compliance and capital markets regulation.

The successful candidate will have:

• • Degree or Equivalent Level. Professional or industry qualification preferred (e.g., ICA, CISI, or equivalent).
  • Proven knowledge of UK financial services and the regulatory framework (FCA/PRA).
  • At least three years' experience in compliance, risk management, or a related field.
  • Demonstrable knowledge of regulatory and conduct risk.
  • Experience with compliance monitoring, policy development, and regulatory submissions.
  • Experience interpreting and applying Payment Services Regulations (PSR), including oversight of payment services and e-money activities.
  • Familiarity with derivatives regulation, including EMIR, MiFID II, and associated reporting and risk management requirements.

Capable of enhancing and maintaining risk management systems and controls