Compliance jobs in New York
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.
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
Head of Compliance
Chief Compliance Officer
Monitoring, Testing & Surveillance
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
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
Attention to detail
Niche candidates and subject matter experts
Need Help Finding a Compliance Role?
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.
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".
9 days ago
Our ClientOur client, a UK-based exchange, is currently seeking a Compliance Officer to join its Amsterdam office. Reporting into the Hea...
10 days ago
Hedge Fund Compliance Officer (for tr...
Our ClientOur Client, a top tier hedge fund, seeks a markets trading floor advisory Compliance Officer to join their London Office. Repor...
10 days ago
Equities Advisory Compliance Director
Our ClientOur client is a leading global investment bank. They seek a Compliance Advisory Manager to join their team in London. You will...
11 days ago
Our ClientRutherford is partnered with a leading investment firm that specialise in credit. The firm are currently over $65bn AUM and ha...
12 days ago
Our ClientRutherford have been mandated on an exciting role for a Compliance Officer to join our hedge fund client's London office. The ...
15 days ago
Policy Compliance Manager
Our ClientOur client, a leading asset manager, is seeking a high calibre compliance professional with a regulatory consultancy buyside b...
15 days ago
Our ClientOur client, a leading global hedge fund, is currently seeking a Compliance Officer for its London offices. The business focuse...
15 days ago
Our ClientOur client, a global multi-strategy hedge fund with c. $25bn AuM, is looking for a Compliance Officer to join its London-based ...
15 days ago
Associate Compliance Manager
$90,000 - $120,000
Our ClientRutherford are partnered with a global Private Equity firm headquartered in Greenwich with offices also in London. Founded almo...
17 days ago
$100,000 - $160,000
Our ClientOur client, a global leader in alternative Investment Management are in the market for a Compliance Associate in New York. The...