Graduate / Trainee Compliance Officer

Job Description

Reporting to the Head of Legal & Compliance, the role-holder will join a small team dedicated to ensuring that the Company operates in full compliance with all its legal and regulatory obligations. The intention is that after an extended period of training, the successful candidate will gain promotion to become a "Compliance Analyst" and be able to assist with a wide range of duties. The following is an indication of what those duties will include:- A - General Compliance Responsibilities 1) - Consideration of all relevant statutory and regulatory provisions and particularly the rules of the FCA, LME and LMEClear; 2) - Considering all European Regulatory developments and guidance promulgated by ESMA; 3) - Assisting with all FCA reports and authorisations, together with the SMCR; 4) - Consideration of all assistance provided by the FIA in connection with specimen ToB documentation, Netting Opinions and general updates relevant to the Companys business; 5) - Dealing with internal and external controls in connection with trading, LMESelect, DEA, the use of algorithms etc; 6) - Assisting with the surveillance of the Companys trading activities in seeking to ensure that all trading by us and our clients is in strict conformance with its regulatory responsibilities; 7) - Analysis of all relevant provisions in connection with AML and market abuse; 8) - Assisting in the provision of relevant training to Company employees; 9) - Maintenance of Client records, spreadsheets and trading authorisations; 10) - Maintenance of the Companys Compliance and Procedures Manual; 11) - Assisting in the production of all relevant compliance reports. B - Account Opening Our Account opening (aka client onboarding) process for both full account and give-up business is dealt with in the Compliance Dept. This work includes: 1) - Keeping all A/C opening documentation under careful review in the light of changes to laws, regulation and commercial practice of the Company; 2) - Liaison with the Account Executive Desk in sending out A/C opening documentation; 3) - Reviewing and analysing all associated documentation and background information when the A/C documentation is returned; 4) - Performing all appropriate CDD, AML and sanctions checks; 5) - Preparing all AMT documentation for both full account and give-up clients; 6) - Operating the FIA DOCS (formerly EGUS) system for give-up business.C - Miscellaneous The above responsibilities are not exhaustive and the role-holder will be expected to be adaptable and innovative, responding with alacrity to all demands made upon the departments personnel. Person "Specification" The ideal candidate will have sound academic qualifications (degree level) and a keen interest in having a career in Financial Services compliance. The ideal candidate will have a bright and enthusiastic personality with a willingness to learn swiftly and to adapt to all challenges and hurdles placed in their way! A good level of computer literacy will, of course, be essential.