Compliance jobs
The Risk and Compliance division of Hays provides a highly specialist recruitment service to risk and compliance departments across the financial services sector.
This includes investment, wholesale and retail banking, asset/investment management, insurance, mortgages, financial advisors and professional services and consultancy firms.
The nature of compliance jobs
Adherence to firm and FSA requirements, compliance jobs also include the development, updating and audit of internal compliance policies/code of ethics as well as corporate governance.
Other areas covered by compliance include:
- Interpretation of regulations, monitoring and testing of compliance systems
- Quantification of risk, modelling of risk factors (interest rates, equity prices etc.)
- ‘Know your Customer’ (KYC) and Anti Money Laundering (AML) checks
- Fixed income and derivative knowledge highly prized
Interim compliance market
Demand for specific project roles given FSA regulations - implementation of new systems and controls. The New European Directive - MIFID - will also bring about greater demand as knowledge of this regulation is rare.
The market has been buoyant in the insurance industry with the introduction of ICOB and similarly KYC projects in the compliance field have also attracted graduates.
Read our key terms and definitions.
