Compliance Officer jobs in New York

​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.

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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.

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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

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Main Required Skills

• Broader Business Acumen (Product & Technology knowledge)

• Interpersonal skills and communication

• Problem solving

• Attention to detail

• Niche candidates and subject matter experts

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​New York City

New York is known as the cultural, financial, and media capital of the world. Home to the headquarters of the United Nations, its residents speak over 800 languages and over 60 million people visit the city every year to take it all in.

New York is home to Wall Street and the two largest stock exchanges in the world and it’s known as the most financially powerful city in the world with more billionaires in residence than any other city. For over 200 years, the "Big Apple" has been the centre of opportunities where dreams and accomplishments can be big, and is known for it fast pace, which is unrivalled.

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Getting around

Put a New York City map in front of you, and you will see how easy it is to get around town. Most of Manhattan's neighbourhoods are after all quite self-descriptive: Upper East Side, Upper West Side, and so on.

Commuting to word can be as easy as putting on a pair of walking shoes: many New Yorkers walk to their destination. If walking isn't your forte, public transit is another great option - or hailing one of its famous yellow cabs. New York is known for its inexpensive and environmentally-friendly rail system, or "subway".