Senior Associate, Compliance

Purpose of the role

The Senior Associate is part of the Core Compliance team and reports to the Head of Core Compliance. The team carries out activities including control design and execution, managing regulatory reports and notifications, preparation of management information (MI) and training materials, and is responsible for policy adherence and assessment. The role is based in the London office.

Compliance in LCH Ltd

The Compliance department is organised into two teams, the Regulatory Advisors and Core Compliance, under the Chief Compliance Officer who reports into the CEO of LCH Ltd. There is a functional reporting line into the Group Chief Compliance Officer.

Compliance is responsible for ensuring that the business can operate and develop within regulatory framework. The function manages LCH’s relationships with its regulators. This includes overseeing compliance with reporting requirements; managing new licence and product applications; and conducting periodic assurance reviews of compliance with regulations.

The vision is to keep the firm aligned with best practice in terms of regulatory compliance. To do this we recruit and retain motivated, talented staff; deepen our relationships with regulators in all relevant jurisdictions; maintain a robust monitoring function to give senior management assurance about compliance with regulations and continually reassess our processes to innovate and find better ways of doing things.

Key responsibilities:

• Ensure Compliance controls are designed and operating effectively to mitigate the regulatory risk and address the regulatory requirements. Play an active role in the development and implementation of the GRC and systems for compliance and risk management.
• Ensure regulatory reports and notifications are submitted to the regulators in a timely manner, maintaining oversight of regulatory reporting and also maintain the regulatory reporting matrix.
• Support the management of compliance policies and the policy governance across the Group, and to perform assessment to ensure policy adherence. In addition, maintain the Regulatory Reporting, Notification and Disclosure Policy.
• Maintain the data retention schedule and ensure the records in the compliance team and properly retained/disposed according to the Group Policy.
• Participate in annual regulatory assessments co-ordinated by the Regulatory Advisors to ensure compliance with our regulatory requirements.
• Participate in the production of MI and the monitoring of regulatory developments.
• Build relationships with the business and internal stakeholders.
• Assist in compliance assurance reviews and/or ad hoc risk based reviews and help the business to devise and close out on corrective action plans. Identify policy breaches and provide appropriate reporting to management.
• Maintain the training log, prepare training materials and deliver ad hoc compliance training on new initiatives as and when required.

What You'll bring:

• Strong experience in a compliance, legal, audit, or post trade operational environment would be desirable
• An understanding of the regulatory issues impacting market infrastructure or wholesale financial services
• Strong written and verbal communication skills and attention to detail
• Sound organisational and time management skills
• Ability to work effectively with colleagues and clients effectively at all levels
• Ability to take a risk-based lens to issues, think critically and ask difficult questions
• Knowledge of regulations relating to Central Counterparty Clearing would be an advantage

Career Stage:

Senior Associate

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

Please take a moment to read this privacy notice carefully, as it describes what personal information London Stock Exchange Group (LSEG) (we) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject.

If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.