At a Glance
- Tasks: Lead compliance for e-trading, ensuring adherence to regulations and internal policies.
- Company: Join a leading global financial services company at the forefront of innovation.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on cutting-edge technology and career advancement.
- Why this job: Make a real impact in the dynamic world of trading compliance and technology.
- Qualifications: Extensive compliance experience in wholesale markets and knowledge of regulatory requirements.
The predicted salary is between 80000 - 100000 £ per year.
We're seeking a future team member to join our Markets Compliance team primarily supporting trading with a particular focus on e-trading. The Trading Compliance Officer will report to the EMEA Head of Markets Compliance and will provide compliance advisory, oversight, and challenge across electronic trading activities, algorithmic trading controls, best execution, and regulatory reporting (TTR). To ensure that Markets meets the corporate requirements of the group as well as the strategic requirements of the Bank of New York within the specific remit for areas of responsibility.
Responsibilities include:
- Working with business lines and business partner functions to review the impact of regulatory change and to participate in working groups as the Senior Compliance Specialist for Markets.
- Engaging with the trading desks, technology, risk, legal, surveillance and operations teams to help ensure that e-trading activities are conducted in line with applicable laws, rules, regulations and internal policies.
- Working with other Compliance professionals across the broader EMEA Compliance team to ensure co-ordinated and complete delivery of services and effective communication of relevant information and observations.
- Engaging with the Markets business and compliance functions in the regional offices, US and APAC.
- Recording and preparing escalation data, the provision of MI and notifications on Compliance issues impacting Markets in line with Group and local processes.
- Assessing compliance implications of new products, venues, market structure development and trading technologies.
- Participating in relevant internal and external meetings as part of the Markets Compliance function.
- Contributing to the development of projects and programs to improve compliance and enhance the control environment.
Requirements include:
- Compliance experience, covering wholesale markets compliance, specifically FIEQ, FX and algorithmic trading.
- Experience working in a compliance function within a large global organisation.
- Detailed knowledge of FCA, MiFID, MIFIR, EMIR and MAR rules and regulatory requirements.
- Thorough understanding of algorithmic and automated trading controls, including governance, deployment controls and change management.
Senior Vice President, Compliance & Control - Trading Compliance Officer in Westminster employer: BNY
At BNY, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our commitment to employee growth is evident through comprehensive training programs and opportunities for advancement within our global network. Located in a vibrant financial hub, we provide our team members with the chance to engage with cutting-edge technology and make a meaningful impact in the world of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Vice President, Compliance & Control - Trading Compliance Officer in Westminster
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance and trading sectors. Attend industry events or webinars to meet potential colleagues and learn about opportunities that might not be advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA, MiFID, and algorithmic trading controls. We want you to showcase your expertise and how it aligns with the role of Trading Compliance Officer.
✨Tip Number 3
Don’t just apply – engage! When you submit your application through our website, follow up with a friendly email expressing your enthusiasm for the role. It shows initiative and keeps you on their radar.
✨Tip Number 4
Stay updated on regulatory changes and market trends. Being knowledgeable about the latest developments will not only help you in interviews but also demonstrate your commitment to the compliance field.
We think you need these skills to ace Senior Vice President, Compliance & Control - Trading Compliance Officer in Westminster
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Senior Vice President, Compliance & Control. Highlight your experience in compliance, especially in trading and e-trading, and don’t forget to mention your knowledge of FCA, MiFID, and other relevant regulations.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re the perfect fit for this role. Share specific examples of how you've engaged with trading desks and compliance functions, and how you’ve contributed to improving compliance in previous roles.
Showcase Your Skills:We want to see your skills in action! Use bullet points to clearly outline your experience with algorithmic trading controls and regulatory reporting. This makes it easy for us to see how you can add value to our Markets Compliance team.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at BNY.
How to prepare for a job interview at BNY
✨Know Your Regulations
Make sure you brush up on the key regulations like FCA, MiFID, MIFIR, EMIR, and MAR. Being able to discuss these in detail will show that you’re not just familiar with compliance but that you understand how they apply specifically to trading activities.
✨Showcase Your Experience
Prepare to share specific examples from your past roles where you've successfully navigated compliance challenges, especially in e-trading or algorithmic trading. This will demonstrate your hands-on experience and ability to handle similar situations in the new role.
✨Engage with the Team
During the interview, express your enthusiasm for collaborating with various teams like trading desks, technology, and legal. Highlighting your communication skills and teamwork will resonate well, as this role requires a lot of cross-functional interaction.
✨Prepare Questions
Have insightful questions ready about the company’s approach to compliance and how they handle regulatory changes. This shows your genuine interest in the role and helps you assess if the company culture aligns with your values.
