Complinet | Recruitment | Jobhttp://www.complinet.com/recruitmentjobs/job/details/id/1157160000 - 70000 Annually plus benefitspackage and annual discretionary bonus | Location: City of London | Sector: Compliance & RegulationInvestment Banking/Stockbroking | Published: March 3rd 2010 | <p>My client, a small London based Investment Bank, is keen to hire a Compliance Officer to join their busy team. Reporting to the Head of Legal & Compliance, the successful candidate will: </p> <ul> <li>Provide compliance expertise and technical guidance across the bank</li> <li>Advise and maintain knowledge of FSA requirements and codes of practice</li> <li>Promote effective preventive AML controls within the bank</li> <li>Monitor compliance with FSA rules and compliance policies into all areas of the business</li> <li>Act as principal interface with front office units and other support areas of the bank on regulatory issues</li> <li>Manage a small team of two staff</li> </ul> <p><strong> </strong><strong>Key Responsibilities</strong></p> <ul> <li>Responsible for day to day aspects of the business' compliance activities</li> <li>Ensure that regulatory risks are identified, mitigated and monitored</li> <li>Provide compliance support to front office units</li> <li>Monitor, update and implement regulatory policies</li> <li>Undertake monitoring reviews into all parts of the business, report findings and follow up issues with the business</li> <li>Monitor effectiveness of FSA regulations and compliance policies</li> <li>Identify and redress potential conflicts of interests surrounding the business</li> <li>Supervise KYC/AML checks and promote AML controls</li> <li>Investigate suspicious transactions, errors and complaints </li> <li>Provide guidance and approve financial promotions and marketing materials</li> <li>Review regulatory returns </li> <li>Prepare quarterly reporting to the Audit Committee and annual reports to the Board</li> <li>Develop staff awareness of MAR</li> <li>Ensure that European based branches act in a compliant manner in accordance with local regulations</li> <li>Perform overall risk assessment on AML for these business branches on an annual basis</li> <li>Advise on UK and European regulatory developments, with particular focus on MiFID</li> </ul> <p><strong>Skills & Experience </strong></p> <ul> <li>Excellent knowledge of the UK regulatory framework</li> <li>Proven and extensive track record gained within compliance at a UK Investment Bank</li> <li>Experience advising the front office on the business and market conduct regulations</li> <li>Proactive, entrepreneurial and highly motivated </li> <li>Ability to work on his/her own but also as part of a team </li> <li>Good communication skills, flexible attitude</li> <li>Ability to develop and take on full CF10/CF11 duties / responsibilities</li> </ul> <p>Candidates must be able to demonstrate experience gained in an Investment Banking environment to be considered for this role</p> <p> </p>