Compliance jobs in Manchester
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?
Contact our specialists regulatory compliance recruitersor see Rutherford's regulatorycompliance jobs.
Manchester
Manchester is known as one of the UK's main cities: beside London, the Greater Manchester area is the country's biggest centre for the financial and professional services sector, with 324,000 Manchester staff and generating £16.2 billion of GVA annually.
The city is notable for many things: its beautiful architecture, which ranges from Victorian inspiration to contemporary styles, its famous sports clubs and even its scientific output. After all, it was at the University of Manchester that Ernest Rutherford first split the atom, in 1917 precisely!
Getting around
Visiting Manchester and commuting to work is very easy once you are in the city. Its city centre is known to be quite compact: if you happen to live nearby, walking might be your best option to get around. But if you happen to live a little further away, you can either take the bus, the tram, the train, and so on. Make sure to download a travelling app like Google Maps or Citymapper on your phone to get route suggestions in real time.
Latest jobs in Compliance
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14 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 an...
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15 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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15 days ago
Compliance Associate
New York
$100,000 - $130,000
Our ClientRutherford is partnered with a global hedge fund that is looking to add a Compliance Associate to the NY or CT compliance team...