Compliance Manager

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

Job summary

An international banking organization is seeking a Compliance Manager to oversee compliance responsibilities, assist in regulatory monitoring, and support compliance-related projects. The ideal candidate will have strong experience in compliance within a retail banking environment, excellent communication and report writing skills, alongside relevant compliance qualifications. You will be pivotal in ensuring regulatory obligations are met and contribute to development initiatives. This permanent position is based in Greater London.

Qualifications

• Strong experience in Compliance and Banking from a regulatory compliance perspective.
• Experience of working in a Retail banking environment with knowledge of consumer duty.
• Very good knowledge of UK FCA/PRA regulatory obligations.

Responsibilities

• Deputise for the Head of Compliance and MLRO as required.
• Assist in designing and maintaining annual monitoring programmes.
• Monitor and report on the business' compliance with regulation.
• Conduct annual policy reviews of Compliance owned Policies.

Skills

Strong communication skills

Report writing skills

Knowledge of UK FCA/PRA obligations

Experience in Compliance

Understanding of retail banking products

Education

Relevant recognised Compliance and Financial Crime qualifications

Job description

THE COMPANY:

Our client is an international banking organisation based in the City. They are looking for a Compliance Manager to join the Business on permanent basis.

THE RESPONSIBILITIES:

• Deputise for the Head of Compliance and MLRO as required
• Assist in the design, implementation, and maintenance of annual monitoring programmes
• Monitor and report on the business’ compliance with prevailing regulation and legislation
• Carry out annual reviews of the Consumer Duty framework.
• Conduct annual policy reviews of Compliance owned Policies
• Provide advice to the business with regard to Compliance
• Ensure procedures, systems and controls are up to date, are effective and comply with the relevant regulations.
• Monitor and manage regulatory and industry changes and evaluate the impact of such changes
• Develop KPI’s and other relevant MI
• Assist with drafting reports to senior management and Board committees.
• Ensure regulatory reporting is accurate and timely.
• When required, support compliance related projects
• Contribute to the Compliance team responsibilities for the development of New Products or changes to existing products.
• Assist with Compliance remediation and other ad-hoc projects.
• Assist with the review and sign-off of Financial Promotions.
• Devise and deliver Compliance to 1st line teams as required.
• Arrange meetings, including obtaining reports, disseminating these, producing minutes of meetings, and overseeing an action tracker.
• To support project related assignments.

EXPERIENCE REQUIRED:

• Strong experience in Compliance and Banking from a regulatory compliance perspective
• Experience of working in a Retail banking environment-with a knowledge of consumer duty
• Relevant recognised Compliance and Financial Crime qualifications desirable.
• Very good knowledge of UK FCA/PRA regulatory obligations and some knowledge of UK AML and Terrorist Finance regulatory framework.
• A good understanding of retail banking products and relevant regulations
• Strong communication and report writing skills

For further information please contact Natalie Eshelby