Compliance Officer

THE COMPANY:

Our client is global banking group with offices based in the West End. They offer Corporate banking and Asset management services in the UK market.

THE RESPONSIBILITIES:

• Contributing to the development and execution of the annual Compliance Monitoring Programme (‘CMP’), testing compliance against FCA and PRA. In addition to UK regulators, the CMP will cover rUS Securities and Exchange Commission, and other EU regulators (as applicable to the expansion of the business).
• Conducting second line of defence monitoring reviews as detailed within the CMP, including the scoping, planning, testing and reporting.
• Liaising with stakeholders for each review allocated in order to facilitate the necessary access to people, systems and records to enable testing to be conducted in a timely manner.
• Discussing with the business where actions are required to enhance processes, procedures, practices and controls to ensure the firm remains compliant.
• Review surveillance output, including conducting surveillance analysis of trading activity, e-comms and voice.
• Prepare regular, timely, relevant and concise reporting on the findings for management and relevant oversight committees.
• Monitor actions arising from the compliance monitoring activities to their conclusion, ensuring that the business has taken all action required of them to mitigate further issues.
• Identify and escalate any significant regulatory issues to the Head of Compliance & MLRO.
• Assisting in the development and maintenance of Compliance desktop procedures.
• Promoting a strong compliance culture within the Business.
• Supporting the wider compliance team and undertake ad hoc projects as required.

EXPERIENCE REQUIRED:

• The candidate will have gained general experience (up to 5 years) in a compliance role or has worked in a UK regulated firm (banking or asset management firm) with experience of conducting second line monitoring activities.
• Able to demonstrate a comprehensive understanding of regulatory and/or compliance matters.
• Proven experience in a role engaged in a regulatory environment that involved translating rules and principles into practical monitoring of the business.
• Ability to assess the impact and relevance of issues and articulate them in a clear and precise manner.
• Strong communication skills with the ability to work as part of a small team, strong attention to detail and a willingness to learn and develop skillset.
• Ability to build strong and effective working relationships with stakeholders at all levels.
• Working knowledge of third-party vendor systems (i.e. Bloomberg, ISS LiquidMetrix).

For further information please contact Hannah Tabatabai