The role is responsible for supporting the delivery, enhancement and ongoing management of the Compliance Monitoring Programme (CMP). The role will assist in assessing the effectiveness of the firm’s compliance framework, identifying areas of regulatory risk, conducting monitoring and testing activity, and supporting the delivery of compliance reviews, thematic work and management reporting.
Reporting into the Head of Compliance Monitoring and the Compliance Manager, the role will work closely with Compliance colleagues and key stakeholders across the business, including front office teams, to ensure that regulatory obligations, internal policies and compliance standards are understood, monitored and appropriately embedded.
Compliance Monitoring, Testing and Reviews:
- Conduct compliance monitoring and testing across relevant business areas to assess adherence to regulatory requirements, internal policies, procedures and control standards.
- Perform detailed reviews of business activity, processes, controls, client outcomes, communications, records and management information as part of scheduled monitoring work.
- Support the delivery of thematic reviews and deep-dive assessments into specific compliance risks, regulatory priorities, business areas or emerging issues.
- Identify control weaknesses, process gaps, instances of non-compliance and areas where regulatory or conduct risks may not be adequately managed.
- Enhance existing monthly and quarterly compliance monitoring and testing activities to improve the quality, consistency and effectiveness of compliance oversight.
- Ensure monitoring work is properly documented, evidence-based and completed in line with agreed methodology, timelines and quality standards.
- Contribute to the ongoing development of compliance monitoring methodologies, testing approaches, review templates and working papers.
Trend Analysis, Findings and Management Information:
- Conduct trend analysis on compliance monitoring results, incidents, breaches, complaints, policy exceptions and other relevant data sources.
- Identify recurring themes, emerging patterns, root causes and areas of increasing regulatory or conduct risk.
- Support the production of meaningful management information to help senior management and governance committees understand the firm’s compliance risk profile.
- Present findings in a clear and practical way, ensuring that issues are understood by relevant stakeholders and supported by appropriate evidence.
- Contribute to the development of dashboards, metrics, key risk indicators and reporting packs used to monitor compliance performance and control effectiveness.
Key Skills & Experience
- Experience working in Compliance, Risk, Internal Audit, Assurance, Monitoring or a similar control function within financial services.
- Understanding of compliance monitoring and control testing.
- Good knowledge of regulatory requirements and the UK financial services regulatory environment.
- Strong analytical skills, with the ability to interpret information, identify trends and draw clear conclusions.
- Ability to produce clear, structured and accurate reports for management and stakeholders.
- Strong attention to detail and the ability to assess evidence objectively.
- Good organisational skills, with the ability to manage multiple reviews, actions and deadlines.
- Confident communication skills, with the ability to engage with front office and wider business stakeholders.
- Ability to challenge constructively and escalate issues appropriately.
- Strong working knowledge of Microsoft Office, including Excel, Word and PowerPoint.
- Relevant compliance, risk or financial services qualification, or a willingness to work towards one.
CMC 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
