Compliance Analyst

National Bank of Canada Capital Markets - London; London; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading financial services firm in London seeks a Compliance Analyst to support compliance oversight and regulatory reporting. Candidates should have a foundational understanding of financial markets and an interest in compliance and data analytics. The role offers a dynamic work environment and opportunities for professional growth.

Benefits

Competitive working conditions

Diversity and inclusion initiatives

Dynamic work environment

Qualifications

• Foundational understanding of financial markets and compliance.
• Exposure to trading environments and compliance functions.
• Willingness to learn and stay current on regulatory developments.

Responsibilities

• Support core compliance processes including conflicts of interest and data protection.
• Conduct daily surveillance of trading activity for potential market abuse.
• Assist in preparing and validating regulatory reports.

Skills

Proactive approach

Interest in regulatory risk management

Strong communication skills

High integrity and professionalism

Tools

Excel

Power BI

VBA

Python

SQL

Job description

Overview

Organisation Overview:

NBCCM is an indirect wholly owned subsidiary of National Bank of Canada (“NBC”). The main strategic purpose of NBCCM is to enable the NBC Group (“NBC Group,” meaning National Bank of Canada and all its subsidiaries) to grow and diversify its presence in Europe, Asia & MENA while allowing for a natural development of its existing business relationships and the establishment of new ones in the global markets.

NBC has over 150 years of history and is currently the 6th largest Canadian bank. Through its branch and subsidiary network, NBC can service clients throughout North America, Europe, Asia & MENA. NBC’s strategy is to further develop NBCCM as its hub for trading and financial services in Europe.

Overview of Role:

The Compliance Analyst will support the London branches of National Bank of Canada and National Financial Inc. (“NBCCM”), focusing on surveillance, regulatory reporting, and compliance governance. This role blends traditional compliance responsibilities with data analytics and reporting, contributing to the firm’s control framework across various financial products and jurisdictions.

The role reports to a Senior Compliance Officer and is suited for candidates with a foundational understanding of financial markets and a keen interest in compliance and data analytics.

Compliance Oversight

Under the direction of the Compliance team in London – an ideal candidate will:

• Support core compliance processes including but not limited to conflicts of interest, data protection, fitness and probity, and protected disclosures.
• Assist with interpreting and applying key regulations (e.g. MiFID II, EMIR, MAR, SMCR, CRD VI, DORA) across jurisdictions.
• Respond to compliance queries from trading desks across asset classes such as Fixed Income, FX, Rates, Equities and Treasury.
• Maintain compliance records in line with regulatory requirements and internal policies.
• Contribute to a culture of transparency, accountability, and operational excellence.

Surveillance, Reporting & Analytics

• Conduct daily and thematic surveillance of trading activity to identify potential market abuse or conduct breaches.
• Assist in preparing and validating regulatory reports (e.g. EMIR, MiFIR, SFTR).
• Collaborate with global compliance and IT teams to ensure surveillance coverage across relevant asset classes.
• Support the development of dashboards and reporting tools using Power BI and Excel.
• Help automate data processes using tools such as VBA, Python, or SQL (knowledge or interest in these tools is a plus).
• Participate in industry working groups and regulatory consultations (where appropriate).

General knowledge, Skills & Experience

The following are desired or beneficial for the role:

• A proactive and dependable approach to work, with a strong sense of ownership and accountability, is highly desired.
• Interest in regulatory risk management and compliance frameworks.
• Familiarity with financial markets regulation.
• Exposure to trading environments and compliance functions.
• Proficiency or willingness to learn tools such as Excel, Power BI, VBA, Python, SQL.
• Strong communication and interpersonal skills.
• High integrity and professionalism, with a commitment to confidentiality and sound judgement.
• Willingness to learn and stay current on regulatory developments.

What NBCCM (London) has to offer

Access to competitive working conditions, a wide range of employee benefits, and a dynamic work environment

Open, respectful workplace where all employees can achieve their full potential.

NBCCM recognizes that the culture of an organisation and the performance of its workforce are not mutually exclusive. Since our inception in 2013, NBCCM has worked tirelessly to ensure our cultural framework aligns not only with the Code of Conduct and Ethics of our parent company, NBC, but with our own environmental and local values.

Promoting and supporting diversity in the workplace is an important aspect of good people management- it’s about valuing everyone in the organisation as an individual. We at NBCCM have an effective diversity and inclusion approach concerning our employees. There are no silos in our teams and management strive to add value to our organisation, by contributing to employee well-being and engagement. NBCCM takes pride in its diverse work force, employing and cultivating professionals from all over the globe.

Working at NBCCM can take different forms and it is built around the relationship of trust between the employer and its employees. NBCCM operates a hybrid working model where the employee’s time can be split between the office and a remote location on a schedule which may vary. The model considers customer expectations, organisational needs, and constraints, as well as the employee\'s need for flexibility and the nature of the work they perform. What is important is having the right arrangements in place so that you can best perform your role.

We\'re putting people first.

We\'re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on peoples\' lives.

We want our recruitment process to be fully accessible. If you require accommodation, feel free to let us know during your first conversations with us.

We welcome all candidates! What can you bring to our team?