Average Compliance Officer salary in City of London

CMC is looking for an experienced Compliance Officer to join our Compliance team. This is a Second Line of Defence role supporting the delivery of an effective UK Compliance function across CMC’s UK regulated firms, with responsibility for contributing to both compliance advisory activity and risk-based monitoring oversight. The role helps ensure that the business receives clear, practical and timely regulatory advice, while also supporting the identification, assessment and management of key compliance risks through the Compliance Risk Assessment and Compliance Monitoring Programme.The role will work closely with Compliance colleagues, business stakeholders, support functions and wider Group teams to help ensure that regulatory obligations are understood, embedded and monitored effectively across relevant business areas. This includes supporting commercial and regulatory change projects, new product initiatives, thematic reviews, control testing, Management Information, governance reporting and the tracking of remediation actions.The successful candidate will be expected to provide constructive challenge, build strong stakeholder relationships and support a joined-up approach across the UK Compliance function. The role will also contribute to the continued enhancement of the UK Compliance Framework by identifying emerging risks, control gaps, trends and opportunities for improvement, while promoting a strong compliance culture and supporting good customer outcomes, including the firm’s Consumer Duty obligations.Please note that this is an onsite role that will require you to work within our London office (near Liverpool street) 5 days on site per week.Key Responsibilities:Provide day-to-day regulatory advice to the business, helping ensure activities are conducted in line with CMC Markets’ regulatory obligations.Support the delivery and development of the Compliance Risk Assessment and risk-based Compliance Monitoring Programme.Assist with monitoring, testing and thematic reviews; performing file reviews, sampling, data analysis and control effectiveness assessments, identifying issues, trends, control gaps and potential improvements.Act as Compliance stakeholder or lead for key commercial, regulatory change and new product initiatives, liaising with stakeholders and escalating issues where appropriate.Support responses to regulatory, audit, counterparty and third-party information requests.Draft clear working papers, policies, review reports, Management Information and governance reporting for Compliance colleagues, senior stakeholders and relevant committees.Track remediation actions, liaise with stakeholders on agreed action points and support follow-up testing to confirm issues have been addressed.Build effective relationships with the business, support functions, Group Compliance, Risk, CASS and other second-line stakeholders to support a joined-up Compliance approach.Work closely with the wider Compliance team, including monitoring, policy and training colleagues, to share best practice and strengthen the UK Compliance Framework.Promote a strong compliance culture across the business, including the continued embedding of Consumer Duty obligations.Keep up to date with regulatory, legislative and business changes, updating relevant compliance frameworks, policies and programmes where required.Proactively suggest enhancements to improve the efficiency and effectiveness of the UK Compliance Framework.Maintain personal and professional development, including completion of relevant regulatory and legislative training.Ensure confidentiality is maintained and provide a clear, fair, consistent and professional service when dealing with clients, customers, colleagues and external stakeholders.Undertake any other reasonable duties, training or working hours consistent with the level of responsibility of the role.Key Skills & Experience:Relevant experience in a (non- AML) regulatory compliance/monitoring roleGood knowledge and understanding of FCA (COBS, SYSC, CASS, PRIN etc)Advanced proficiency in Microsoft PowerPoint, Excel, and Word, with strong capability in preparing presentations, analysing data, and producing high-quality documentation.Experience working with Internal/External AuditorsAbility to work effectively under pressure and manage competing priorities within tight deadlines.Strong attention to detail and willingness to learnClear written and verbal communication skillsAnalytical and enquiring nature, ability to solve problemsExcellent organisational skillsAbility to independently manage tasksCMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age

We have an exciting opportunity for a Compliance Officer to join our UK Compliance team. Reporting into the Head of Compliance Advisory, your position will involve supporting the Compliance Advisory function in ensuring that the firm meets its regulatory objectives.To be successful in this role, you will need to demonstrate strong experience in a Compliance Advisory position, with a proven ability to partner with and provide advice to key business stakeholders.Please note that this is an onsite role that will require you to work within our London office (near Liverpool street) 5 days on site per week.Key ResponsibilitiesAssist in delivery of an effective compliance advisory function within CMC Markets’ UK regulated FirmsProviding daily regulatory advice to the business to ensure that commercial enterprises are conducted wholly in accordance with CMC’s regulatory obligationsActing as Compliance lead and/ or Compliance stakeholder for key commercial and regulatory change projectsProactive liaison with project stakeholders across the business and working cooperatively to ensure completion within deadlines. Report progress and escalate issues to the Head of Compliance Advisory and the Chief Compliance Officer.Being a key stakeholder/ Compliance lead for new product launches from a regulatory advisory perspectiveAssisting in coordinating key workstreams, projects and tasks (regular and ad hoc) within the Compliance team and across the businessAssisting in the day to day management of the Compliance Advisory InboxDevelop good working relationships with key stakeholders across the CMC GroupPromotion of a good compliance culture within the Compliance team and across the business, including the continual embedment of the firms’ Consumer Duty obligationsAssisting with Group initiatives and collaborations with wider Group Compliance colleaguesProduction of MI and reportsAssist the Head of Compliance Advisory in the day-to-day management of the Compliance Advisory teamWork closely with the wider Compliance team (who focus on monitoring, training and policy) to ensure a joined-up approach across the UK Compliance teamProactively suggest enhancements to improve the efficiency and effectiveness of the UK Compliance FrameworkAssist with third party queries and requests for information including those from regulators, auditors and counterpartiesMaintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative trainingWhen dealing with all customers, clients or colleagues ensure that we provide a clear, fair and consistent high-quality service that presents a professional and positive image of CMC MarketsTake all reasonable steps to ensure appropriate confidentialityUndertake such other duties, training and/or hours of work as may be reasonably required and which are consistent with the general level of responsibility of this role.KEY SKILLS AND EXPERIENCEExperience of working in a Compliance advisory function with an applicable regulatory frameworkExperience of delivery of compliance projects and being compliance point of contact for business projects and workstreamsGood, broad understanding of key aspects of the UK regulatory framework applicable to CMC’s business modelGood knowledge of the products offered by CMCProactive in taking ownership of tasksAble to liaise and build effective working relationships with a range of stakeholders of all levels of seniorityCompetent in researching regulatory requirements and relating meaningful interpretations and feedback to Compliance colleagues and business stakeholdersAbility to interpret regulatory publications and assess impact upon CMCAble to communicate effectively to all levels of the businessExcellent report writing and analytical skillsCan give direction to others to produce high quality work both independently and as part of a teamProactive in suggesting and implementing process improvements where requiredCMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.

An opportunity has arisen at a dynamic and highly regarded legal firm in the City of London, who are looking for a Compliance Administrator to join their Risk & Compliance team.In this role, you will support the firm's compliance function by managing client onboarding, AML and compliance processes, while working closely with legal teams to ensure regulatory requirements are met.The ideal candidate should have experience in legal compliance, client onboarding and AML/CDD within the legal sector, excellent organisational skills, and the ability to work collaboratively in a fast-paced environment.(Ref: AJ47459 - Please include this when making any enquiries.) Main Responsibilities:• Support the Risk & Compliance team with client onboarding, AML, sanctions and compliance processes across the firm• Act as the first point of contact for client onboarding enquiries and general compliance-related queries• Ensure client and matter risk assessments are completed accurately, on time and in accordance with regulatory requirements• Monitor electronic verification processes, investigate alerts and maintain accurate compliance records and registers• Assist with file opening, file reviews, annual AML audits and other regulatory compliance activities• Keep up to date with legislative and regulatory changes, supporting policy updates and process improvements• Work closely with legal teams and business functions to promote compliance with SRA regulations and internal proceduresIdeal Candidate:• At least 6 months' experience in a legal environment handling client onboarding and AML/CDD matters• Good understanding of UK AML regulations and legal compliance practices• Excellent communication and interpersonal skills• Confident liaising with colleagues, clients and third parties at all levels• Strong organisational skills with the ability to manage multiple priorities and meet deadlines• Proactive team player with a collaborative and professional approach• Experience within a law firm or legal services environment is highly desirableCondition:• Location: City of London• Working Style: Hybrid (3 days in the office / 2 days WFH)• Salary: Negotiable• Job Type: Permanent• Working Hours: 9:00-17:00 from Monday to Friday• Start: NegotiableAll applicants for the Compliance Administrator position must have the right to work in the UK without any restrictions as the Company is NOT able to offer visa support from the start. *Visa support may be considered in the future depending on experience.If your application is successful, you will be contacted within two business days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs.