Senior Manager, Compliance and Governance – Banking (1 year FTC)

THE COMPANY:

Our client is multinational Corporate and Retail banking company based in the City.  They are looking for a Senior Manager, Compliance and Governance to join the team on an FTC basis.

THE RESPONSIBILITIES:

• To assist the Head of Compliance to oversee, manage and comply with the regulatory  requirements of the Retail, Corporate and Treasury related business.
• Act as a Data Protection officer and carry out day to day compliance related activities.
• To possess a thorough up-to-date understanding of the relevant PRA/FCA rules in particular which includes Conduct Risk, Consumer Duty, TCF, MiFID II, EMIR, PSD II and CASS and remain up-to-date with regulatory and legislative developments and ensure the implications for the Bank are assessed and where necessary disseminated and implemented.
• Undertake regular risk based monitoring, to test the embedding of Compliance arrangements within the Bank. For example, SMCR and CASS.
• Act as the Banks Data Protection Officer, review the Bank’s controls maintain an oversight for the Data Protection requirements. To assist the Head of Compliance to ensure that staff are appropriately trained (including new staff as part of the induction process) on Compliance topics.
• To assists the Head of Compliance to maintain regulatory relationships and review the reports submitted to the regulator.
• To review and approve financial promotions in line with the regulatory requirements.
• To prepare and submit regular reports on Compliance related matters to the Governing bodies so that they are kept fully appraised on any regulatory developments and the Bank’s compliance with existing requirements.
• To assist the Head of Compliance to maintain regulatory relationships and review the reports submitted to the regulator.
• To promptly deal with or escalate regulatory breaches to the Head of Compliance and ensure both corrective and preventive actions have been implemented by the business unit.
• To facilitate effective and constructive sharing of knowledge and experience of compliance issues and to effectively engage with all the staff members.
• To manage and complete regulatory notifications using the PRA / FCA online platform.

EXPERIENCE REQUIRED:

• Must have Compliance and Data Protection/DPO /data protection experience
• Banking background required
• Generalist/regulatory and Governance experience required
• Minimum 5 years in Financial Services
• Ability to consider issues from a range of angles and propose creative solutions that assist the business in achieving its goals in a safe, compliant and controlled manner
• Ability to use initiative and work with minimum supervision but ensuring, at the same time, that the line reports are kept fully informed at all times

For further information please contact Hannah Tabatabai