Assistant Manager - Legal & Compliance

ZipRecruiter; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading international bank is seeking an Assistant Manager for their Legal & Compliance department. The role involves coordinating with external advisors, advising on compliance issues, and overseeing legal activities. This position is crucial for maintaining regulatory standards and supporting the bank's operations in the UK.

Qualifications

• Experience in legal and regulatory compliance in banking.
• Ability to liaise with external advisors.

Responsibilities

• Liaising with external advisors on compliance matters.
• Drafting and reviewing compliance policies.
• Advising on legal issues from UK operations.

Skills

Legal Compliance

Regulatory Compliance

Advising

Job description

Job Description

We are inviting applications for the position of Assistant Manager - Legal & Compliance department at an international global bank based in Harrow.

Main Responsibilities

The person will be based in the Legal & Compliance department and will be primarily responsible for coordinating with external advisors regarding legal, regulatory compliance, and related matters across the bank.

Job Responsibilities

1. Liaising with external advisors on legal and regulatory compliance matters arising from the bank's operations in the UK.
2. Advising the business on routine legal and regulatory compliance issues.
3. Drafting and reviewing compliance policies, procedures, and controls, and providing guidance on related queries.
4. Maintaining a Regulatory Correspondence Register and supporting documentation.
5. Providing accurate and complete responses to courts, police, DWP, liquidators, HMRC, regulators, and other enforcement agencies within specified timeframes.
6. Horizon scanning and mapping regulations across different bank functions.
7. Monthly review of legal court orders and information requests for the Legal & Compliance Committee meetings.
8. Updating compliance, business, and operations teams on regulatory updates.
9. Advising on legal issues arising from the bank's UK operations.
10. Reviewing the Legal and Conveyancing Panel annually and communicating with them regularly when external legal services are required.
11. Handling ad hoc legal matters as they arise.
12. Approving financial promotions.
13. Overseeing and monitoring legal & compliance activities.
14. Compiling reports for senior management.
15. Reviewing outputs from third-party vendor systems.
16. Participating in ad hoc projects and tasks related to Legal & Compliance as assigned by the Head of Legal & Compliance.