Compliance Officer

Compliance Officer

City of London

Hybrid - 3 per week in the office

Permanent

£75,000

cer Financial are working alongside a bank who are based in the City of London. They are seeking a Compliance Officer to work with them on a permanent basis.

The responsibilities of the Compliance Officer will include:

• Maintain and embed the Compliance Risk Management Framework across the business.
• Deliver monitoring and testing under the Compliance Monitoring Plan (CMP), including reviews of derivatives and complex products, and escalate findings.
• Promote and oversee compliance with FCA and PRA requirements, fostering a strong compliance culture.
• Design and deliver compliance training (e.g. derivatives, market conduct, regulatory updates).
• Produce, enhance, and report meaningful compliance management information (MI).
• Ensure timely resolution of compliance issues and continuous improvement of reporting.
• Review and update compliance policies in line with regulatory changes, maintaining accurate records (e.g. Riskonnect).
• Strengthen controls in key regulatory areas (e.g. client money, safeguarding, AML, derivatives trading).
• Manage SMF/Certified registrations, Directory Persons, and regulatory attestations (including annual Fit & Proper).
• Review and approve financial promotions and client communications.
• Provide regulatory advice on new products/services and support regulatory reporting and information requests.
• Monitor regulatory developments (e.g. EMIR, MiFID II, SMCR, AMLD) and support implementation.
• Provide compliance advisory support to front office and support functions (derivatives, FX, payments).
• Engage with industry forums and maintain knowledge of best practice in compliance and capital markets regulation.

The successful candidate will have:

• Degree or Equivalent Level. Professional or industry qualification preferred (e.g., ICA, CISI, or equivalent).
• Proven knowledge of UK financial services and the regulatory framework (FCA/PRA).
• At least three years' experience in compliance, risk management, or a related field.
• Demonstrable knowledge of regulatory and conduct risk.
• Experience with compliance monitoring, policy development, and regulatory submissions.
• Experience interpreting and applying Payment Services Regulations (PSR), including oversight of payment services and e-money activities.
• Familiarity with derivatives regulation, including EMIR, MiFID II, and associated reporting and risk management requirements.
• Capable of enhancing and maintaining risk management systems and controls