Compliance Associate (Monitoring & Testing)

  • Posted: 09/05/2023
  • Salary: Market Rate
  • Location: London, United Kingdom
  • Job Type: Permanent/Fixed Term

The main responsibility of the role involves the review and closure of daily Market Abuse and Transaction Monitoring alerts – working closely with the Front Office to ensure timely closure and escalating any concerns to the MLRO.

The role also requires involvement in the management of Compliance Risk and execution of the Compliance Monitoring and Testing Program , ensuring the program stays up to date in line with regulatory changes.


  • Review and closure of daily Market Abuse and Transaction Monitoring alerts – working closely with the Front Office to ensure timely closure. Escalation to the MLRO of any concerns.
  • Assist in monitoring, testing and assessing the adequacy and effectiveness of the measures and compliance procedures put in place relating to overall compliance and regulatory risk and AML risk
  • Ensuring the Head of Monitoring & Testing is regularly advised regarding the results of monitoring and testing.
  • Investigate and report upon breaches of regulations and assist with remedial action
  • Assist with ensuring that compliance related Directives, Policies & Procedures remain up to date
  • Assist staff with interpretation of rules and assist in development of a positive compliance culture
  • Assist in maintaining standards of regulatory risk management through an effective process of risk identification, assessment and mitigation
  • Assists in production of appropriate MI
  • Daily completion of compliance monitoring tasks in accordance with the CMTP, identifying and escalating any areas of concern and building reports for Monthly Risk Committee
  • Manage the completion of multiple simultaneous reviews where required
  • Providing output for monthly Senior Managers Compliance Committee and Risk Committee
  • Assisting and covering for other members of the Compliance department as required
  • Assisting with inputting and submitting PRA/FCA registrations of all approved persons
  • Assisting with induction training and ensuring all compliance forms have been signed
  • Support with regulatory reporting
  • Assist with submissions of regulatory applications and approvals
  • Assist with compliance approvals
Experience: At least five years’ experience of working in a financial services industry Compliance Department covering monitoring of Private Banking (including transactions), Investment Management, Trading for all clients.  Experience of producing compliance risk assessments and CMTPs. Proven track record of report writing on the results of compliance monitoring and testing.

Qualifications: Education at degree level is desirable (No specific professional qualification required).


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