About Us
MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one’s ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There.
The Role
We are seeking a Senior Compliance Officer to provide first-line compliance advisory coverage to the EMEA business, with secondary support to APAC during European hours. The successful candidate will report to the CCO, EMEA & APAC, and work closely with legal, regulatory affairs, and local compliance teams across multiple jurisdictions. The Senior Compliance Officer will play a critical role in helping the firm manage compliance risks while enabling continued business growth in a complex regulatory environment.
How You’ll Help Take Us There
- Advisory
- Serve as the primary compliance contact for the business across EMEA
- Advise on new initiatives, product launches, and regulatory change
- Provide practical, commercially aware guidance on venue rulebooks, transparency regimes, DRSP obligations, and the interaction between MiFID II/MiFIR and EMIR frameworks, across both UK and EU regimes
- Incident Management
- Own the day-to-day management of regulatory issues and incidents: assess what has occurred, recommend to the CCO whether notification is required, draft notifications, and track follow-up
- Investigate potential non-compliance and escalate material issues with a recommended course of action
- Regulatory Engagement
- Support the CCO in managing supervisory relationships with the FCA, AFM, ESMA, and cross-border licence regulators (FINMA, BaFin, CONSOB, AMF and others)
- Prepare for supervisory visits, draft responses to information requests, and coordinate submissions across jurisdictions
- Manage the firm's response to Dear CEO letters and supervisory priorities
- Reporting and Governance
- Draft board reports and management information on compliance risk
- Maintain and update compliance risk assessments
- Provide written reporting to SMF 16 and 17 holders
- Collaborate with the compliance monitoring team on findings and remediation
- Training, Licensing, and Coordination
- Design and deliver compliance training
- Draft and manage licence applications and variations
- Coordinate with local compliance officers on cross-regional matters
- Advise the onboarding team on financial crime requirements and support MLRO reporting
- The role requires transparent and collaborative working with the legal and regulatory affairs functions across all of the above responsibilities
What We’re Looking For
- 10+ years in wholesale financial markets (including venues, exchanges investment banks, interdealer brokers), with specific compliance function experience
- Strong working knowledge of MiFID II/MiFIR (UK and EU), how it impacts trading venues and trading firms and how such rules apply differently between fixed income and non fixed income
- An understanding of both the UK and EU regulatory frameworks; Understanding of regulatory requirements impacting venue obligations (MAR 5) and DRSP (MAR 9), and pre/post-trade transparency for non-equity instruments and derivatives preferred
- Familiarity with the trading venue regulatory perimeter in both the UK (RAO Articles 25(1)/25(2)) and the EU (MiFID II investment services framework) highly regarded
- EMIR/UK EMIR knowledge (clearing obligation, trade reporting, derivatives trading obligation) preferred
- Experience engaging with ESMA, the AFM, or another EU NCA on supervisory matters highly regarded
- Excellent written and verbal communication; confidence engaging with regulators and senior stakeholders
- Direct people management experience
- Comfortable using AI tooling to improve compliance workflows
- Advanced Microsoft Office proficiency
- Experience with Monday.com or similar project management tools, preferred
- Bachelor's degree or equivalent experience
- Must be legally authorized to work in the UK permanently without employment visa sponsorship required now or in the future
What You Can Expect from Us
- Central Location: based at our city offices near St Paul's.
- Free Food: We provide lunch each day of the week when the employee attends the office via our vendor Feedr as well as breakfast cereals, office snacks and drinks from our free vending machines
- Paid Time Off: 25 days annual leave entitlement plus 2 charity days
- Reward for your service: We offer a two-week bonus holiday after completing each 5 years of service
- Core benefits: Besides competitive standard benefits package we offer private medical (PMI) for family, Cash Plan, health screenings, dental cover, 6X life assurance, critical illness cover, income protection, pension, car leasing (Tusker electronic cars), reimbursement for wellness stipend, interest free season ticket loan and a “Share Incentive” plan
- Tuition Assistance and Professional Training: Benefit from on-demand learning, boot camps, and opportunities to attend conferences
Collaboration and innovation are integral to our success – it's how we got to where we are and how we’ll maintain and grow our competitive advantage. We believe this best happens in an office environment. Employees in Legal & Compliance work in the office 3 or more days a week. This approach still allows for flexibility depending on the business function you work within but also helps us maintain a collaborative office environment long-term.
MarketAxess Privacy Notice for Candidates
CCPA Notice at Collection for California Employees and Applicants
What the Team is Saying
What We Do
MarketAxess is on a journey to digitally transform one of the world's largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns because no one’s ever done this before. But now, more than 2,300 companies around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There.
Why Work With Us
When we say we have an environment without endless layers, we really mean it. You’ll work alongside talented colleagues of all backgrounds and experience in an environment where your voice is valued. You’ll be in the middle of the action, where your contributions will be seen and recognized.
Gallery
MarketAxess Teams
MarketAxess Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
