Senior Compliance Officer, Monitoring

The Role

The Senior Compliance Officer, Monitoring will join our UK/EU/Asia Legal and Compliance function and will primarily be responsible for overseeing and managing the development and performance of the annual Compliance monitoring programme that governs MarketAxess’ Multilateral Trading Facility (MTF), Regulated Market Operator (RMO) and Data Reporting Services Provider (DRSP) services (including ‘ARM’ (transaction reporting) and ‘APA’ (trade reporting) activities) across the EMEA and APAC region. Additionally, the role will involve overseeing the firm’s policy framework and other central compliance tasks such as regulatory applications (both for the firm and individuals), the annual Fitness and Propriety assessments and firm training plans. The successful applicant will also support with the preparation for regulatory meetings with the AFM, FCA and ESMA.

This is an exciting opportunity for a stellar Compliance professional to take leadership in driving and delivering our firm’s monitoring programme whilst providing exposure to other key elements of the compliance function. This will involve working alongside ambitious coworkers who thrive in a fast-paced working environment.

How You’ll Help Take Us There

• Support with the development and periodic updates of the firm’s annual compliance risk assessment, ensuring that this incorporates all key regulatory requirements across the EMEA and APAC businesses
• Develop a robust monitoring programme that is proportionate to the scale, size and complexity of the firm and is tailored towards the key risks that the firm faces
• Maintain a strong understanding of the wider regulatory environment to inform planning (e.g. the latest regulatory focus areas, business plans released by regulators and any regulatory fines/enforcement actions)
• Take ownership of all resources and materials related to the monitoring programme such as reporting templates, risk rating scales and management information
• Play a leading role in delivering the monitoring tests as well as reviewing those delivered by other members of the team to ensure that they are delivered to a high standard and do not require significant review or rework from the Chief of Compliance
• Support with the preparation of meetings with the UK/EU regulators (FCA, ESMA and AFM), including preparing the related materials and coordinating stakeholders
• Oversee the delivery of the firm’s Compliance training programme and support in the preparation and performance of the related training sessions
• Ensure the annual certification process is completed on a timely basis and all required tasks and documentation are maintained and recorded
• Support with the development of any regulatory applications (both for the firm and individual staff members)
• Oversee any outsourced Compliance arrangements to the wider group (such as market abuse surveillance)
• Manage the junior members of the Compliance Function, including overseeing the quality of their delivery and providing them with support and guidance
• Bachelor's degree or equivalent experience

What We’re Looking For

• 8+ years of experience in Compliance in financial services, preferably with experience in trading venues or market infrastructure firms
• Experience working in monitoring related roles and overseeing/leading monitoring activities for a firm
• Cross Asset class experience, particularly Fixed Income
• Bachelor’s Degree or equivalent experience minimum
• Management experience of junior staff and ensuring the quality of their output and that they are meeting their goals, objectives and routine tasks, required
• Experience in MIFID/MIFIR and the related technical standards, this may involve monitoring of areas such as algos, market abuse, RTS7, PA dealing, AML/sanction screening, outsourcing, transaction reporting, trading halts, gifts and entertainment, and AML/onboarding
• Strong understanding of the regulatory environment in the UK and EU required, Asia preferred
• Experience interacting with UK/European regulators is preferable (FCA, ESMA and the AFM)
• Experience operating proactively and independently, including interacting with senior management
• Strong verbal and written skills are essential, as well as the ability to draft clear and well-reasoned compliance reporting that can be presented to senior management

What You Can Expect from Us 

• Central Location: based at our city offices near St Paul's.  
• Free Food: We provide lunch each day of the week when the employee attends the office via our vendor Feedr as well as breakfast cereals, office snacks and drinks from our free vending machines 
• Paid Time Off: 25 days annual leave entitlement plus 2 charity days
• Reward for your service: We offer a two-week bonus holiday after completing each 5 years of service 
• Core benefits: Besides competitive standard benefits package we offer private medical (PMI) for family, Cash Plan, health screenings, dental cover, 6X life assurance, critical illness cover, income protection, pension, car leasing (Tusker electronic cars), reimbursement for wellness stipend, interest free season ticket loan and a “Share Incentive” plan
• Tuition Assistance and Professional Training: Benefit from on-demand learning, boot camps, and opportunities to attend conferences 

Collaboration and innovation are integral to our success – it's how we got to where we are and how we’ll maintain and grow our competitive advantage. We believe this best happens in an office environment. Employees work in the office 3 days a week. This approach still allows for flexibility depending on the business function you work within but also helps us maintain a collaborative office environment long-term.