Senior Compliance Officer

Job Title :Senior Compliance Officer

Division:Compliance

Reports To: Head of Compliance

Location:London

Department Overview:

Compliance is a global team of six people supported by a team of lawyers.  The Head of Compliance is based in London and reports to the Chief Operating Officer who sits on the Executive Committee of the investment manager, which is based in Jersey, Channel Islands. The Compliance team has five people based in London covering offices in the UK, US, Switzerland, Jersey and Dubai, and one compliance officer in Singapore.

Role Overview:

Responsible for the following:

• Monitor trading activity to detect potential market abuse and ensure adherence to regulatory compliance standards.
• Operate and assess surveillance systems, including alert handling, system capabilities, and performance evaluations.
• Maintain working knowledge of regulatory frameworks including FCA, ESMA, and other relevant authorities.
• Collaborate with front office teams (investment and dealing desks) and cross-functional support teams such as Middle Office, Operations, Fund Accounting, Cybersecurity, IT, Legal, Finance, and HR.
• Lead on annual market conduct review and risk assessment for senior management.
• Lead on market conduct risk assessment.
• To start, support the wall crossing approvals process with a view to taking this over.
• Assist with compliance related to exchange contract position limits, coordinating with Market Risk and portfolio managers (prior experience not required)
• Facilitate approvals under US SEC Regulation M Rule 105 (prior experience not required)
• Train compliance officers on surveillance procedures, alert management, and effective communication with business units.
• Maintain and review conduct requirement in the compliance monitoring programme.
• Arranging annual market conduct training for certification staff.
• Work closely with other members of the Compliance team to ensure consistent and effective compliance practices.

Experience Required:

• 8 - 10 years at a bank or investment manager mostly in a surveillance function
• Main experience should be related to market conduct, surveillance of market conduct
• Experience of using trade surveillance Systems (e.g. SMARTS, ACA Compliance Alpha) is essential.
• Experience of trade surveillance system alert calibration and management
• Experience of market abuse detection in both fixed income and futures markets (Insider Trading, Spoofing, Layering) experience is essential.
• Electronic Communications Monitoring (Bloomberg, chat, email) experience is essential.
• Strong knowledge of traded instruments is essential.
• Strong analytical and investigative skills is essential.
• Understanding of exchange contract position limits is very helpful.
• Understanding of regulatory reporting (FCA MAR, SYSC 10A) - including communications capture and market conduct offences is helpful.
• Market conduct risk assessment experience is helpful.
• Experience onboarding new surveillance system is desirable
• Advisory experience with trading staff desirable
• Wall crossing process experience is desirable.
• Understanding of FCA SM&CR desirable
• Microsoft Office – Word, Excel (essential), Bloomberg

About You:

• Comfortable engaging with portfolio managers and traders in high-pressure environments
• Technically proficient with compliance and surveillance systems
• Applies critical thinking to complex regulatory challenges
• Demonstrates strong collaboration and a proactive approach to supporting general compliance functions
• Communicates effectively across all levels of the organisation, particularly in written communications
• Comfortable engaging with portfolio managers and traders in high-pressure environments and issuing instructions related to Compliance procedures.
• Proactively identifies issues and drives solutions independently
• Self-motivated and capable of working independently and as part of the Compliance team.
• Comfortable working closely with the Head of Compliance.
• Seeks guidance and leverages virtual team support when appropriate.

BlueCrest is committed to providing an inclusive environment for its workforce. As an employer, we provide equal opportunities to all people regardless of their gender, marital or civil partnership status, race, religion or ethnicity, disability, age, sexual orientation or nationality.