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Key to Good Recruitment for Compliance Jobs in Forex or Binary Options Companies

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Key to Good Recruitment for Compliance Jobs in Forex or Binary Options Companies

Given the fact that Forex and binary options companies are bound to operate within the precincts of the law, the companies must employ a compliance officer. There are different jobs in the compliance department in a Forex or binary options. The main duties of individuals holding such job positions are to:

  • Ensure that a company adheres to the required laws controlling financial markets
  • Fielding and addressing customers’ complaints
  • Making sure that employees follow the compliance guidelines

This is just a summary of the duties under the compliance department in a Forex or binary options company.

Key to Good Recruitment

When looking for a compliance officer, there should be guidelines to be followed to get the best person for the job. Here below is the guideline that will provide key to good recruitment.

 

  • Education Background

You should look at the educational background of the individual who is applying for the position of compliance officer. For such a position, a 4-year bachelor degree would be the minimum entry.

 

  • Work Experience

To get the best candidate for this job, you should go for the most experienced individual that you have in your list. The experience should have been obtained while working in the financial markets.

 

  • Understanding of Forex and Binary Options

The suitable candidate should be knowledgeable on Forex and binary options.

 

  • Must Know Both Local and International Laws Governing Forex

It is important for the person to know all the laws that govern Forex and binary options trading both locally and internationally. This is because the person will be responsible for ensuring that such laws are followed in the company.

 

Compliance officer is beyond reproach and thus a company should follow the above guideline to recruit the best person for this position. Noting the importance of this position, a company should not deviate from the above mentioned guidelines that provide key to good recruitment.


March 24, 2016

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