We are working with a retail and wholesale bank based in the Westend in their search for a Risk & Compliance Officer to join the team.
Report any deficiencies in the Bank’s policies or practices in relation to Compliance to the Compliance Manager and where applicable to the Head of Department.
Analyse and keep up to date with regulatory changes and new rules from the FCA, PRA and PSR and educate the business on these.
Contribute to the enhancement of the Bank’s risk based approach to Compliance Monitoring.
Propose amendments and enhancements to policy and procedures and implement these amendments and enhancements.
Report any breaches in the Bank’s policies or procedures and any Regulatory breaches.
Assisting in the production of Compliance reports to be reviewed at Senior Management and Board Director level.
Providing such other assistance to the Compliance Manager as may be required.
Exhibit a thorough knowledge and understanding of the FCA handbook and the PRA Rulebook.
Execute the Bank’s Regulatory Compliance monitoring programme.
Assist with the design of the Compliance monitoring programme; producing reports and making recommendations; identifying compliance risks associated with the business activities of the bank and proposing mitigation.
Follow up on resolution of Compliance issues that may arise from monitoring and any remediation required with clear recommendations and timelines.
A minimum of two years’ experience within the regulatory compliance space (Not financial crime/ KYC)
Experience with maintaining & updating Compliance monitoring programmes and company handbooks/ manuals aligned with regulator expectations.
Experience within the financial risk management space is advantageous.
For further information please contact Jordan White