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Compliance jobs in London

Compliance jobs in London

​The financial services industry has seen many changes over the years with traditional firms being constantly challenged by the evolution of new trends and technologies.

The emergence of digital assets, fintechs and start ups has varied the scope of the once traditional compliance role, making it an increasingly interesting and competitive space to work in.

Every year, new regulations and rules are introduced, meaning compliance professionals must always be on top of the ever-changing sector to properly assess how any regulatory update can affect a business and its activities.

The person leading a compliance regulatory function will have to manage and support c-suite staff, internalise conflicts and exercise supreme judgement in balancing the need to allow its business to flourish in an increasingly complex regulatory environment, whilst avoiding the potentially devastating consequences of non-compliance.

Comliance Teams

Compliance teams can vary depending on the firm, and level of experience needed but can be comprised with the following:

  • Chief Operating Officer

  • Head of Legal and Compliance

  • ​General Counsel

  • Head of Compliance

  • Chief Compliance Officer

  • Legal Counsel

  • Compliance Manager

  • Compliance Officer

  • Compliance Analyst

  • Advisory Compliance

  • Compliance Policy

  • Monitoring, Testing & Surveillance

  • Policy/Regulatory Affairs

Main Key Duties

The key duties within a compliance role might change from one type of firm to another, however 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 Skills

As the regulatory function continues to grow the compliance needs in firms have become more robust, meaning compliance professionals may require a niche set of skills.

  • To flourish within a compliance role these skills are required:

  • Broader Business Acumen (Product & Technology knowledge)

  • Interpersonal skills and communication

  • Problem solving

  • Attention to detail

  • Niche candidates and subject matter experts

Need Help Finding a Compliance Role in London?

Contact our specialists regulatory compliance recruitersor see Rutherford's regulatorycompliance jobs.

London​​

London has been known as one of the world’s foremost financial hubs. London’s largest industry is finance, and the city contributes to about a quarter of the UK’s GDP.

People come from all over the world to do business in London. But London isn’t all business. It has a vibrant music scene, art scene and nightlife. It’s also a global centre for tertiary education. If you are a food lover, you’ll be pleased to know that London has a diverse and exciting food scene, from street markets to Michelin-starred restaurants.

If you prefer to see the sights, go and see Buckingham Palace, St Paul’s Cathedral, the British Museum, the West End, Tower Bridge, the Tate Modern, Big Ben, the London Eye or The National History Museum.

Getting around

The city of London is known for its extensive public transport system, which includes buses, trains, the famous tube, the overground, DLR, and so on. Getting around the city is incredibly easy, especially when equipped with the right Transport apps, such as Google Maps or Citymapper. Financial services firms are typically located in the heart of London, mostly in two neighbourhoods: Canary Wharf and “The City”, at Bank Station. No matter where you are based in the city or in its outskirts, getting to work

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