Compliance Analyst/Officer MIFID
Within Europe the businesses are triggering comprehensive regulatory and compliance obligations according to MiFID (Markets in Financial Instruments Directive) and WAG (Wertpapieraufsichtsgesetz 2007) as well as local regulations in the case of branches in various European countries.
The candidate is in charge of Business Continuity Management for the UK Branch, including testing and reporting to senior management, has oversight of end to end UK Options process identifying any breakdown in controls and correction to processes following control or process failure (MiFID task) and is responsible for the escalation of any breaches or breakdown of controls (MiFID task). Performs daily control checks completed for accounting processes, is point of contact for accounting teams and liaises between the respective bank account cash management teams if a breakdown occurs.
The incumbent will also take over the system set up of new clients within FENICS, will have oversight of the accreditation process and as a control check that all documentation has been completed in regards to Customer Due Diligence and MiFID (suitability check). Furthermore, will have oversight of AML monitoring, CFT screening and AML/CFT training process being the decision maker for the UK branch. He/she will also perform / ensure legal watch in order to anticipate new regulations and regulatory requirements, and will conduct MiFID training.
He/she will also be in charge of updating Policies Procedures, and will recommend ongoing process improvements to streamline and create efficiencies, will complete medium and low PWC recommendations and embed into the business.
REQUIRED KNOWLEDGE /TECHNICAL SKILLS / ABILITIES
- Minimum of 4 years’ experience in a compliance or similar role
- UK Options oversight knowledge
- Master’s degree in legal and compliance or equivalent experience
- Fluent speaking and writing in English
- Strong written and verbal communications skills, including formal presentation skills
- Strong analytical and problem solving skills
- Accuracy and attention to detail in daily routine
- Working knowledge of MS Word, Excel, and preferably MSAccess
- Well developed interpersonal skills in a team oriented environment
- Ability to work in a changing environment with multiple priorities
- AML/CFT experience
DESIRED EXPERIENCE / QUALIFICATIONS
- Banking experience
- Experience in Financial Instruments requirements (MiFID)
- Experience in Compliance and Anti money laundering issues
Leave a Reply
You must be logged in to post a comment.