Senior Compliance Officer - Operations

Close Brothers; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

Join a leading UK merchant banking group's Compliance Team in London, where you will support the Compliance Manager with operational duties and regulatory tasks. You will oversee processes, manage compliance risks, and inspire your team while ensuring efficient operations and compliance with all standards.

Qualifications

• Experience in regulatory compliance and processes like P.A Dealing and Financial Promotions.
• Capability to manage multiple workstreams independently.
• Strong collaboration and supervision skills in a compliance context.

Responsibilities

• Review and approve confidential processes for compliance.
• Handle reporting to regulatory bodies and assess compliance risks.
• Coordinate internal compliance activities and relationships with external suppliers.

Skills

Organizational skills

Attention to detail

Interpretative skills

Knowledge of regulatory requirements

Communication

Education

Relevant professional qualifications

Job description

Division: Close Brothers Central Functions - Compliance

Location: London, United Kingdom

Salary: Competitive Basic Salary + Benefits + Discretionary Bonus

The Vacancy

OVERALL SUMMARY

At Close Brothers, we recruit individuals from diverse backgrounds and encourage applications even if you don’t meet every qualification. We celebrate diversity, promote inclusivity, and are open to flexible work arrangements to support work-life balance.

Join the Close Brothers Compliance Team, where you will support the Compliance Manager in managing operational matters, undertaking regulatory tasks related to governance, reporting, and compliance processes. You will oversee tasks performed by the Compliance Operations team. The ideal candidate will have experience working independently and collaboratively, supervising junior team members, designing methodologies and controls to ensure quality, efficiency, and accuracy, with excellent communication skills and attention to detail, including liaising with senior management.

RESPONSIBILITIES

• Review and approve highly confidential processes, maintaining accurate records for internal and regulatory purposes, including Personal Account Dealing, Conflicts of Interest, Gifts and Hospitality, for senior executives and external audits.
• Handle reporting and submissions to regulatory bodies, liaising with relevant parties within the Group.
• Coordinate the Bank’s RCSA, EUC Program, Business Continuity Planning, and assess risks and controls for Group Compliance.
• Support the provision of data and MI for senior committees and working groups, collaborating with relevant management and colleagues.
• Work with external suppliers, internal technical experts, and HR to ensure effective mandatory training modules.
• Collaborate with Compliance Officers and Analysts, supervising as appropriate, to allocate regulatory activities and implementation actions efficiently.
• Build and maintain relationships across teams and with subject matter experts.
• Ensure compliance reporting and review activities meet internal and external standards.
• Identify risks proactively and design controls and processes to mitigate them.

Developing Our People

As a line manager, you will inspire and motivate your team, foster performance through coaching, and support their personal development with regular feedback.

WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE:

• Excellent organizational and planning skills, capable of managing multiple workstreams.
• Experience working independently, prioritizing tasks, and evolving the role within the compliance function.
• Strong interpretative skills with policy content, attention to detail, and ability to summarize key material.
• Knowledge of rules and developing practical solutions.
• Good technical knowledge of regulatory requirements.
• Practical experience in compliance regulation and processes such as Conflicts of Interest, Gifts and Hospitality, P.A Dealing, Financial Promotions, SMCR, etc.
• Background in Central Compliance or advisory roles.

IT WOULD BE GREAT IF YOU HAVE:

• Relevant professional qualifications (e.g., Qualified Lawyer, Accountant, Banking or Financial Regulation), though not essential.

ABOUT US

Close Brothers supports employees in balancing work and personal life, offering hybrid working arrangements.

We are a leading UK merchant banking group with around 3,000 employees, listed on the London Stock Exchange and part of the FTSE 250. Our mission is to be the best place in the UK for wealth professionals and their clients.

We believe in planning ahead, financial literacy, and wise investing. Our clients include professionals, business owners, individuals, charities, families, and employers, relying on our financial advice and investment services.

Our team is about 900 strong, with offices across the UK, combining local service with face-to-face interactions. Sustainability and social responsibility are core to our purpose, and we are committed to diversity and inclusion at all levels.

If you are interested but do not meet every criterion, we still encourage you to apply. We are open to discussing flexible working options and training opportunities.