Compliance Monitoring Officer

About Our Client

This firm specialises in providing a wide range of financial products and services to their clients, ensuring their financial well-being and security. The company is committed to maintaining the highest standards of regulatory compliance and ethical conduct in all operations.

Job Description

As Compliance Monitoring Officer, you will play a key role in ensuring that the firm adheres to all regulations, laws and other industry standards. Your key responsibilities will be:

• Carrying out regular reviews and assessments of the company policies, procedures and operations, to ensure compliance with FCA regulations and industry standards
• Developing and implementing the compliance monitoring programs and processes to identify and mitigate potential compliance risks
• Monitor changes in regulatory requirements and industry trends to ensure that the company's compliance policies remind up-to-date
• Collaborating with internal departments including legal, risk management and operations, to address compliance issues and implement remedial actions as necessary
• Prepare comprehensive reports detailing the results of compliance monitoring activities and recommendations for improvement
• Assist in the development and delivery of compliance training programs for employees to raise awareness of regulatory requirements and promote a culture of compliance
• Respond to inquiries and requests from regulatory authorities and external auditors regarding the compliance procedures
• Participating in internal audits and compliance reviews to assess the effectiveness of controls and identify areas for improvement

The Successful Applicant

To be successful in this role, you must have:

• Significant experience working in a compliance role within financial services
• Strong knowledge of FCA regulations, including but not limited to AML/KYC requirements, and data protection laws
• Excellent analytical skills with the ability to interpret complex regulatory requirements and assess their impact on business operations
• Ability to work independently and collaboratively in a fast-paced environment with tight deadlines
• Excellent communication skills with the ability to effectively communicate complex compliance issues to stakeholders at all levels of the organisation
• Detailed oriented with a high degree of accuracy in reviewing documentation and conducting compliance assessments
• Qualifications such as ICA Certificate in compliance is preferred

What's on Offer

As Compliance Monitoring Officer, you will get:

• £40,000-50,000
• 25 days holiday
• Company pension scheme
• Working from home 2 days a week
• Social events
• Healthcare
• Plus many more!