Our client is an international bank based in the City. The firm offers comprehensive financial solutions, ensuring excellent service, reliable banking, and trusted expertise for customers
THE RESPONSIBILITIES:
Performing Compliance Risk Assessments
Second line oversight of the Bank’s compliance with the applicable law, regulations and internal policies
Developing and implementing a Compliance Monitoring Programme (CMP)
Performing second line oversight reviews in line with the CMP
Issuing Compliance Review reports to the respective SMFs, HoDs and BMs
Reporting the key findings from Compliance Reviews to the relevant governance committees
Tracking and follow up of implementation of the recommended actions as per the Compliance Reviews
Assisting the Chief Compliance Officer (CCO) and the Compliance Managers (CMs) for managing the regulatory communications
Maintaining a tracker of regulatory communications
Assisting the Compliance Managers (CMs) for developing and updating the Regulatory Mapping and Horizon Scanning trackers
Advising and supporting the business and support functions on Compliance matters including legal and regulatory obligations
Performing administrative tasks related to the Compliance departments
Responding to the Internal and External auditors on Compliance matters
Updating and reporting of Compliance breaches
Developing, reviewing and updating the policies, procedures, and other governance documents of Compliance function
Second line review of policies and procedures pertaining to business and support functions
Compile monthly/quarterly/annual Ml to Parent Office based on Mis submitted by Branches/Departments (manual and through online systems of Bank)
EXPERIENCE REQUIRED:
Generalist Compliance/monitoring experience
Understanding of compliance risks across the business
Industry experience to understand how Compliance regulations apply to financial institutions.
Awareness of the risks and responsibilities involved
Knowledge of Regulatory Framework applicable to both the UK entities of the bank
Knowledge of monitoring regulatory developments that may impact the bank
Good Interpersonal and Communication skills
For further information please contact Hannah Tabatabai
