Junior Compliance Officer

Job Description

XTB UK is looking for a junior level compliance officer to join its current compliance team. The role covers a variety of areas and working closely with the Head of Compliance and MLRO to ensure that the organisation conducts business in a compliant mannerat all times in accordance with FCA[1] rules, company policies and procedures; especially with regards to Preventing Money Laundering and Terrorism financing, Anti-bribery and Corruption risks and Conduct of business rules applicable to the business.Key Accountabilities:

• Work with the Head of Compliance to implement FCA regulatory requirements into the firms global compliance program
• Manage day-to-day operations of the compliance program and conduct periodic compliance reviews within offices; provide reports to Head of Compliance and senior management where appropriate
• Ensure that policies, procedures and standards of conduct are communicated, understood and appropriately implemented within the office; deliver training as required
• Implementation of the firm’s Compliance Monitoring Program
• Develop and maintain strong relationships with U.K. employees and provide appropriate advice on compliance matters; refer issues to Head of Compliance as required
• Monitor changes to U.K. legislation and rules affecting the firms business and advise management and staff of the implications of these changes
• Recommend improvements where appropriate and ensure that compliance manual and policies and procedures are kept up-to-date in light of developing legislation
• Coordinate, manage and participate in any regulatory examinations as needed
• Conduct review and approve KYC files for accuracy and completeness of KYC documentation
• Assist and undertake compliance monitoring, audits and risk assessments
• Assist the Head of Compliance in maintaining Compliance policies and procedures
• Assist in Compliance training to new starters
• Preparing responses of Complaints in a timely manner
• Approve and maintain records of personal dealing and gifts, benefits and entertainment requests and conflicts of interest
• Assist in the preparation of regulatory reporting returns to the FCA within set timeframes
• Assist in preparation of the half yearly permanent control reports

Key Requirements:

• 1-2 years of relevant experience within the financial services industry in a compliance role with prior experience working for an FCA regulated firm
• Comprehensive knowledge and experience in practical application of FCA regulations and the attendant compliance requirements necessary
• Self-starter with strong execution focus and ability to work independently as well as part of a team
• Excellent interpersonal and communication skills
• Good business acumen to identify and connect compliance risks across the organization
• Ability to effectively balance compliance and business operations
• Comprehensive knowledge of the FCA Handbook and guidance, as well as JMLSG and other industry guidelines
• Good understanding of investment services business particularly contract for differences and/or spreadbetting
• Experience or knowledge of conducting risk assessments.
• Strong attention to detail

Demonstrable record of undertaking anti money laundering and sanctions checks and strong knowledge of COBS

• Previous experience of working closely with Senior Management teams

if you think there is anything else you d like to add you can do so hereRequired skills

• 1AML
• 1Autonomy
• 1Communication Skills
• 1Compliance Monitoring
• 1Consciousness
• 1KYC
• 1Money Laundering
• 1Ready to Learn
• 1Compliance Training
• 1Highly Detailed