London (Remote)
Full-time | 2nd Line Compliance
Salary - £60-72K
Overview
A high-growth, FCA-regulated cryptoasset firm is seeking a Senior Compliance Monitoring Associate to build and execute a robust Compliance Monitoring & Assurance framework.
This is a hands-on, delivery-focused role requiring strong technical expertise in compliance monitoring, compliance testing, and controls assessment within a crypto or MiFID investment firm environment.
Key Responsibilities
Compliance Monitoring & Assurance
- Design, implement, and maintain a risk-based Compliance Monitoring Plan (CMP) aligned to FCA rules and regulatory obligations
- Execute end-to-end compliance monitoring reviews, including scoping, fieldwork, testing, and reporting
- Produce evidence-based findings with clear linkage to regulatory requirements
- Maintain audit-ready monitoring documentation and MI reporting outputs
- Track and validate remediation actions, including performing re-testing of controls
Compliance Testing & Controls
- Perform independent testing of first-line controls to assess design and operating effectiveness
- Evaluate key control frameworks across business functions against FCA expectations
- Identify control weaknesses, gaps, and deficiencies, providing practical remediation recommendations
- Conduct thematic and deep-dive reviews across regulatory topics
- Assess control environments in line with regulatory frameworks (e.g. SYSC, MiFID requirements)
Regulatory Framework Application
- Apply and interpret FCA Handbook rules to monitoring and testing activities
- Map regulatory obligations to internal controls and monitoring activities
- Support the development and enhancement of compliance policies, procedures, and control frameworks
- Monitor regulatory developments impacting cryptoassets and investment firms, integrating into monitoring plans
Required Experience
- Proven experience in Compliance Monitoring / Compliance Assurance / Compliance Testing
- Strong track record of designing and executing monitoring plans (CMPs)
- Demonstrable experience of testing and assessing controls effectiveness
- Experience within a cryptoasset firm OR MiFID investment firm
- Deep working knowledge of the FCA Handbook and UK regulatory framework
- Experience producing formal monitoring reports and regulatory-grade documentation
- Strong technical understanding of control frameworks and risk-based testing methodologies
- Experience performing root cause analysis and control remediation validation
Technical Skillset
- Compliance Monitoring Plan design & execution
- Control design & effectiveness testing
- Risk-based sampling & testing methodologies
- FCA regulatory rule mapping (SYSC, COBS, etc.)
- Monitoring documentation & audit trail management
- Issue tracking, remediation validation & re-testing
- Governance reporting (e.g. Risk & Compliance Committees)
Desirable
- Experience within a crypto regulatory environment
- Exposure to FCA authorisation or regulatory change programmes
- Strong knowledge of MiFID II requirements and associated controls frameworks
- Experience in build-stage compliance functions / setting up monitoring frameworks from scratch
Butler Rose is committed to equality in the workplace and is an equal opportunity employer.
Butler Rose Ltd is acting as an Employment Business in relation to this vacancy.