Compliance Monitoring Officer

THE COMPANY:

Our global is a global fintech banking group who are looking for a Compliance Monitoring Officer to join the London business.

THE RESPONSIBILITIES:

• Undertake activity as directed within the scope of the CMP; across the bank and any third-party providers. This includes working closely with the AFC 2LOD team, to ensure the activity effectively covers AML, counter terrorist financing, sanctions and fraud risk.
• Accurately assess the risk of any issues identified, to enable effective prioritisation of reporting and subsequent actions tracking.
• Maintain awareness of broader conduct risk and regulatory expectations in respect of treating customers fairly and Consumer Duty, to provide support and guidance to colleagues and to demonstrate appropriate personal conduct.
• Produce clear reporting of issues to CMM and business owners/stakeholders, to enable appropriate actions to be identified.
• Escalate material/significant issues to CMM at the earliest opportunity, to enable discussion and relevant action to be taken.
• Support CMM in tracking progress of the CMP and providing updates to CCO and other Governance forums.
• Ensure records of activity and issues are retained and tracked to completion.
• Assist the CMM with the development of monitoring techniques through the use of data and MI, where possible utilising technology to its advantage to maximise resources and efficiency.
• Deliver constructive feedback and challenge through positive stakeholder engagement and relationships.
• Effectively plan and schedule personal activity, to ensure timely delivery of the CMP. Where issues are identified, escalate to CMM at the earliest opportunity, so that coaching and actions can be undertaken.
• Support the CMM with data collection and delivery of succinct risk-focussed reporting to CCO, Executives and Board committees.
• Where necessary, support AFC 2LOD team, CCO and/or CRO with investigations that have potential conduct risk impact.
• Work collaboratively with all Compliance team colleagues to ensure the broad compliance agenda is delivered.
• Support employee education on compliance-related matters – in a manner that promotes and enhances a robust organisation-wide compliance culture.
• Provide constructive challenge and work positively to find solutions to ad-hoc compliance issues or developments.

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EXPERIENCE REQUIRED:

• Prior experience of working in a regulated banking/financial services environment.
• Preferably have experience in completing compliance monitoring activity (Thematic, Focus, Continuous or Deep Dive Reviews) under delegated authority, ideally in a bank.
• Working knowledge of compliance topics relevant to the business, including a number of the key relevant business/regulatory topics listed below.
• Ability to develop data and MI suited to supporting the CMP, ideally utilising technology to best advantage.

For further information please contact Duncan Jeffery