Jobs in Manchester
Because of the nature of the work, compliance officers traditionally come from a legal or finance background, with associated degrees. The sector is getting increasingly competitive, as being a compliance officer is seen as an attractive career, but individuals in compliance can still hail from diverse backgrounds as regulatory departments are more and more seeking complimentary technology and data skills.
Being a compliance officer can be a demanding job and it can be tough to keep on top of regulatory or legal changes in the financial services sector. The ability to stay on top of things and to manage people well are hallmarks of a good compliance officer. They need to be there for the front office staff, but also for the C-Suite, especially when operating as a Chief Compliance Officer, General Counsel or Chief Operating Officer.
Main Key Duties
While a Compliance Officer’s key duties might change from one type of firm to another, 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 Required Skills
Broader Business Acumen (Product & Technology knowledge)
Interpersonal skills and communication
Attention to detail
Niche candidates and subject matter experts
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!
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.
24 days ago
Interim Head of Compliance
City of London
Our client, an insurance advisory firm, is recruiting for a Head of Compliance (SMF16/17). The candidate will be responsible for overall ...
about 1 month ago
Our client, an independent organisation facing the education sector and headquartered in Cheltenham, is looking for an Ethics and Compli...