Senior Compliance Officer, PrimaryBid
2-5 days a week in office
Connecting companies to their community on public offerings
Job no longer available
Connecting companies to their community on public offerings
101-200 employees
Job no longer available
2-5 days a week in office
101-200 employees
Company mission
PrimaryBid's mission is to enhance fairness, inclusivity and transparency in capital markets.
Role
Who you are
- Robust relevant generalist compliance experience in an FCA regulated investment firm or bank
What the job involves
- Provide advice and guidance on regulatory issues to all certified staff to ensure relevant business functions informed of the regulatory risks associated
- Carry out sections of the Compliance Monitoring Programme, e.g. reviews relating to MAR, COBS, SYSC, SMCR, transaction reporting and ad hoc desk reviews of business areas to assess the adequacy and effectiveness of the measures and procedures put in place to ensure the company’s compliance with its regulatory obligations
- Create and update policies and procedures and drive process improvement
- Deliver induction training to staff / organization of online training, including providing reports on employee compliance instigated training
- Lead on the financial promotion template approvals process and associated record keeping
- Make regulatory filings via FCA Connect and other required regulatory data requests
- Contribution of material to the monthly risk committee, compliance SMF reports and quarterly board reports
- Carry out regulatory change projects as required
- Help to maintain the core compliance regulatory registers, such as Conflicts of Interest, Complaints and Breaches
- Maintenance of up-to-date Risk Register
- Maintain up to date knowledge of UK and European regulatory requirements
- Ensure Insider and Sensitive lists are kept up to date
- Maintenance of personal account dealing system, gifts and entertainment
Salary benchmarks
Our take
Individual investors face a number of challenges when accessing markets. The majority of these problems stem from issues of scale. How can individual investors compete for influence and ensure they get a seat at the table when their counterparts are large investment firms?
Furthermore, individual investment can incur personal costs unless it is being done on a very large scale, presenting barriers to investment straightaway.
PrimaryBid solves this problem using technology that we take for granted today but would not have been available just ten years ago. Investors move through PrimaryBid in order to make personal decisions in where their money goes, but are represented at the aggregate level, meaning they maintain influence. This also means firms are held accountable, encouraging good governance.
This model has already attracted significant investment, and PrimaryBid have raised almost fifty million pounds already. Their impact has already been felt in the City, with over fifty companies appointing individual shareholders to their boards.
Freddie
Company Specialist at Welcome to the Jungle
Insights
58% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Feb 2022
$190m
SERIES C
Oct 2020
$50m
SERIES B
Total funding: $252.6m
Company benefits
- Pension scheme - 5% employer contribution
- Life Assurance of 4x base salary
- 25 days annual leave increasing to 30 with length of service
- Carryover 5 days of annual leave per year
- Day off on your Birthday
- Work abroad for up to 45 days per tax year
- 1 paid Community Day per year
- Private Medical Insurance + health cash plan
- Bi-monthly wellbeing sessions provided by Luminate
- Access to Gympass as well as corporate gym rates at local facilities
- Cycle to Work scheme
- Maternity pay (16 weeks full pay, 23 weeks statutory) increasing with length of service
- Paternity pay (2 weeks full pay) increasing with length of service
- Salary sacrifice nursery fees via TEDs Premier (children up to 5 years old)
- Paid time off for family planning - applicable for primary and secondary carers
- Paid time off for pregnancy loss - applicable for primary and secondary carers
- Learning budget of £500 per calendar year to be used on the Learnerbly platform
- Company Townhalls, networks & annual Christmas Party
Company HQ
Westminster, London, UK
Leadership
Anand Sambasivan
(CEO)Previously worked in the Investment Banking sector for Bank of America Securities and Credit Suisse and was later co-founder and CEO of Darwin Strategic Limited
James Deal
(COO)Previously worked in the Equity Sales division at Dresdner Kleinwort Wasserstein, was Founding employee of Evolution Securities, worked in Equity Sales at Numis Securities and was then Head of Midcap Equities and later Director at J.P. Morgan
Kieran D'Silva
(CFO)Previously Co-founder and CEO at Doc Com Design, Executive at Ernst & Young, Investment Banking Associate at Citi and Chief Financial Officer at Darwin Strategic Limited
Salil Pandit
(Chief Product Officer)Salil has more than a decade of experience in Silicon Valley at startups and Alphabet (Google, YouTube, and Waymo). He joined PrimaryBid as a Chief Product Officer shaping the future of PrimaryBid.
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