We are working with an international financial institute who are looking for a MiFID specialist to join the team. The role is a Senior Regulatory Compliance Officer.
THE RESPONSIBILITIES:
Analyse new regulations and related documents (directives, delegated regulations, laws, circulars, FAQs, ESMA guidelines, etc.);
Identify the compliance risks and potential impacts on the different activities of the Bank,
Draft and review the MiFID related policies, procedures;
Assess the effectiveness of the first line of defence controls and properly manage compliance risks for the compliance areas in scope (e.g. MiFID, Governance, Cross border transactions, Market abuse, Complaints);
Monitor implementation of the MiFID related processes and procedures (control of the rules of conduct, ensure that the clients’ information collected meets the requirements, review of the Customer Investment Profile, review of the order processing rules, control of the investment strategy, review of the client’s classification;
Draft concise and high-quality compliance monitoring memos
Be able to design new controls and communicate to the stakeholders the findings, related action plan and ensure the follow-up;
Review in collaboration with the law firm the contractual agreements relating to the Bank’s products and services (such as discretionary management mandates, investment advisory contract etc);
Provide advice to the Chief Compliance Officer and to other departments incl. guidelines;
Operate the Market Abuse Surveillance system;
Assist in the lodging of a STOR to the Regulator in case of a suspicious transaction;
Participate in projects implementing regulatory developments impacting the Bank;
Assist on the preparation of the compliance reporting (internal and external);
Liaise with internal and/or external parties on MiFID/Market Abuse compliance related matters;
EXPERIENCE REQUIRED:
Degree level candidate.
2- 5 years in regulatory compliance in a financial institute with great experience across regulatory compliance, mainly market abuse and MiFID regulations
Preference of experience within the wealth management space
Fluency in English required, B2 (minimum) in French
For further information please contact Jordan White
