Manager, Compliance Risk and Assurance

THE COMPANY:

Our client is multinational Corporate banking company, with branches worldwide.

THE RESPONSIBILITIES:

• Direct contribution to completion of the annual Financial Crime Business-wide Risk Assessment (BWRA) and Compliance and Conduct Risk Assessment (CCRA) process, and identify and implement appropriate controls to detect, prevent and mitigate risks identified
• Carry out the written annual CMAP plan and lead the CMAP, working with the CR&A team to ensuring such programme is executed  upon schedule; or if schedule needs changing, work with Head of Central Compliance and Head of Compliance to agree any change
• Participate in the timely execution of the CMAP plan. Activities include, but are not limited to a thematic review of Anti Bribery and Corruption (ABC), testing critical aspects of the Market Abuse controls for reasonableness (Voice Recording), Gifts &Entertainment testing, Bloomberg Vault monitoring, FSCS eligible client classification and providing concise, timely and accurate written reports highlighting issues and recommendations for improvement / remediation actions
• Develop and maintain good relationship with both the 1LOD and 3LOD to ensure that CMAP findings are communicated and remediated in a timely manner
• Participate in maintenance of the risk assessment and CMAP methodologies to keep them in line with industry better practice
• Lead production and review of Management Information (“MI”) from the Risk Assessment and CMAP activities
• If required, attend the Compliance Forum and present CMAP and risk assessment reports and findings to committee
• Participate in the Compliance Department’s input into the Operational Risk RCSA process
• Represent the Bank at trade associations and other external compliance forums as necessary
• Participate in ad-hoc projects as directed by the Head of Central Compliance or the Head of Compliance
• Assist with implementing enhancements to Compliance and Financial Crime systems and controls

EXPERIENCE REQUIRED:

• Requirement to work in the City Office 4 days per week
• Good experience of participating in a 2LoD Assurance & Testing in a wholesale banking environment
• Good knowledge of the relevant FCA & PRA Rules, guidance, enforcement actions and relevant UK AML Regulations, Sanctions Regime, Fraud, Bribery Act
• Ability to develop strong working relationships with staff across all levels
• Attention to detail with strong analytical and problem-solving mind-set
• Highly effective communication skills (written and spoken)
• A strong sense of accountability, of knowing what you are responsible for and proactively delivering it

For further information please contact Hannah Tabatabai