Compliance Officer jobs
Because of the nature of the work, compliance officers traditionally come from a legal or finance background, with associated degrees. The sector is getting increasingly competitive, as being a compliance officer is seen as an attractive career, but individuals in compliance can still hail from diverse backgrounds as regulatory departments are more and more seeking complimentary technology and data skills.
Being a compliance officer can be a demanding job and it can be tough to keep on top of regulatory or legal changes in the financial services sector. The ability to stay on top of things and to manage people well are hallmarks of a good compliance officer. They need to be there for the front office staff, but also for the C-Suite, especially when operating as a Chief Compliance Officer, General Counsel or Chief Operating Officer.
Main Key Duties
While a Compliance Officer’s key duties might change from one type of firm to another, its core responsibilities will usually include, but not be limited to, the following:
Fostering an ethical culture at the firm
Avoiding fines and other penalties from the regulating body (FCA in the UK, SEC in the US)
Creating, monitoring and reporting on internal policies and processes: IT, Strategy, OH&S (Occupational, Health & Safety), KYC (Know Your Customer), PEP (Politically Exposed Person) and Sanctions
Legal research and anticipating future changes
Leveraging future changes in regulation
Reviewing marketing material and disclaimers
Training sessions to staff
Answering “can we do X?” questions from the C-Suite and front office
Conducting internal audits
Assisting with disciplinary proceedings
Reporting to the regulator
Making sure that advice considers business objectives
Prepare and file regulatory reports with the FCA
Main Required Skills
Broader Business Acumen (Product & Technology knowledge)
Interpersonal skills and communication
Problem solving
Attention to detail
Niche candidates and subject matter experts
Latest jobs in Compliance
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11 days ago
Director of Compliance
London
Our ClientRutherford has been mandated on a search for a global trading platform in London. The company are over 1000 people globally and...
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11 days ago
Compliance Associate
New York
$100,000 - $130,000
Our ClientRutherford are partnered with an expanding multi-strategy hedge fund ($10bn AuM) that are looking to hire into their NY compli...
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12 days ago
Compliance Analyst
New York
$100,000 - $160,000
Our ClientRutherford is partnered with one of the world's fastest growing multi-strategy funds ($12bn+ AuM) currently looking to grow th...
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12 days ago
Compliance Officer
Amsterdam
Our ClientRutherford have been mandated on a brilliant opportunity by a global proprietary quantitative trader, is currently looking for...
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16 days ago
Compliance Officer
London
Our ClientRutherford have been mandated on a fantastic opportunity to join our c.$5bn AUM private equity client’s growing London complian...
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17 days ago
Financial Crime Officer
London
Our ClientWe are currently partnered with a large American private equity fund that are looking to add a Financial Crime Manager to thei...