Assistant Manager - Legal & Compliance

ZipRecruiter; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking an Assistant Manager for their Legal & Compliance department. This role involves coordinating with external advisors, drafting compliance policies, and advising on legal issues related to the bank's operations in the UK. The ideal candidate will have a strong background in legal compliance, excellent communication skills, and the ability to navigate complex regulatory frameworks. Join a dynamic team where your expertise will contribute to ensuring the bank's adherence to legal standards and regulations, making a significant impact in a crucial area of the business.

Qualifications

• Experience in legal and regulatory compliance within the banking sector.
• Strong understanding of UK regulations and compliance frameworks.

Responsibilities

• Liaising with external advisors on legal compliance matters.
• Drafting compliance policies and maintaining regulatory correspondence.
• Advising on legal issues related to UK operations.

Skills

Legal Compliance

Regulatory Knowledge

Policy Drafting

Communication Skills

Education

Degree in Law

Legal Qualification

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 the 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 functions of the bank.
7. Conducting monthly reviews of legal court orders and information requests for the Legal & Compliance Committee meetings. Providing regulatory updates to compliance, business, and operations teams.
8. Advising on legal issues arising from the bank's operations in the UK.
9. Reviewing the Legal and Conveyancing Panel annually and communicating with them regularly when external legal services are required, including legal opinions and litigation.
10. Handling ad hoc legal matters as they arise.
11. Approving financial promotions.
12. Overseeing and monitoring legal and compliance activities.
13. Compiling reports for senior management.
14. Reviewing output from third-party vendor systems.
15. Participating in ad hoc projects and tasks related to Legal & Compliance as assigned by the Head of Legal & Compliance.