Compliance Officer: The Roles and Responsibilities - 18 May 2022

9:30am - 4:30pm BST
£750 + VAT
Online Training


Course Overview: 

The role of the Compliance Officer is a mandatory position in all firms in the Financial Services Industry. They play a major role in assisting Senior Management to ensure that appropriate and effective systems and controls are in place to achieve and maintain compliance with the applicable Rules. While the nature of the Compliance Function is likely to differ from one firm to another, this course provides an easy to follow breakdown of what the Regulator expects of a Compliance Officer and explains, in practical terms how the regulatory expectations and those of Senior Management can be achieved.   

Course Objectives: 

Attendance on this course will enable you to: 

  • A sound knowledge of what is expected of a Compliance Officer and why; 
  • Practical ways to meet the expectations; 
  • An understanding of the importance of the Compliance Monitoring Plan; and 
  • An opportunity to benchmark your knowledge and current compliance arrangements. 

Key topics: 

  • Responsibilities of Senior Management for Compliance 
  • The Compliance Officer’s principal tasks & skill sets 
  • Getting the basics right 
  • The independence of the role 
  • Understanding and meeting expectations 
  • Embedding the compliance culture 
  • The Compliance Monitoring Programme (CMP) 
  • Compliance Monitoring Methodology 
  • Think about opportunities for adding value 
  • Managing visits from the Regulator(s) 
  • Examples of what can go wrong: messages for the Compliance Officer 

Course aimed at: Anyone currently or considering becoming a Compliance Officer.