Compliance Analyst

Since launching in 1989, CMC Markets (CMC) has become one of the world's leading online financial trading businesses. CMC is listed on the London Stock Exchanges and serves retail and institutional clients through regulated offices and branches in 13 countries.

CMC offers an award winning online and mobile trading platform, enabling clients to trade up to 10,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference. In Australia, the Group also offers stockbroking services.

CMC is committed to recruiting, developing, retaining and motivating exceptional people who are talented, innovative and focussed on delivering excellence. We acknowledge that this goes hand in hand with the Group’s ongoing and future success. This is achieved through embedding the Group’s values throughout the workforce as well as offering competitive rewards and benefits.

The Group values centre on quality, clients and integrity.

• Put clients first
• Lead with quality
• Set the standards

Key Responsibilities:

• Keep abreast of regulatory developments. Assess applicability, assist with proposing and project managing solutions through to implementation in a timely manner.
• Assist with project work dependent on regulatory topics, commercial business projects or BAU.
• Contribute to and/or manage responses to regulatory queries/requests, consultation papers as they apply and regulatory audits. Assist with the resolution of findings.
• Work with the business units to develop a good understanding of their strategy, services and products, and promote a good compliance culture across the organisation.
• Work collaboratively with Compliance colleagues sharing best practice and promoting open dialogue and communication.
• Review/approve/oversee MiFID client categorisation (including elective professional client opt ups) and DFSA (Dubai) client categorisation.
• Maintain adequate oversight and ensure regulatory reporting obligations are fulfilled.
• Contribute to on-going work to ensure that the principles of Consumer Duty are being met, and that sufficient steps are taken to protect the best interests of our clients, including those with characteristics of vulnerability.
• Assist with advice/guidance to the business and oversight of the handling of key areas of Compliance, including client money, financial promotions, and product governance etc., and ensure that employees are made aware of and understand their regulatory responsibilities.
• Assist the department in maintaining adequate records.
• Assist the Compliance Manager with bespoke compliance training to staff, focusing on key aspects of the business and current regulatory issues.
• Assist in the support of the risk process within the region to identify, assess, treat, report; monitor risks promoting a strong risk culture.
• Identify and escalate signs of regulatory breaches or compliance gaps. Pro-actively offer solutions in resolving breaches.
• Assist in maintaining the regulatory correspondence register
• Assist with providing sufficient management information to allow the Board and Management visibility of the firm’s ongoing compliance.
• Maintain personal/professional development to meet the changing demands of the role, including all relevant regulatory and legislative training.
• When dealing with all customers, clients or colleagues ensure that we provide a clear, fair and consistent high-quality service that presents a professional and positive image of CMC Markets
• Take all reasonable steps to ensure appropriate confidentiality.
• Undertake such other duties, training and/or hours of work as may be reasonably required, and which are consistent with the general level of responsibility of this role.

KEY SKILLS AND EXPERIENCE

• Regulatory knowledge and understanding of the financial services industry.
• Understanding some generalist Compliance skills including experience of performing thematic performance reviews, managing conflicts of interests, monitoring reviews etc
• Analytical and enquiring nature, ability to solve problems
• Strong communications skills - verbal and written; with ability to communicate effectively across the business.

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.