Compliance Manager (Monitoring)

Compliance Professionals; Greater London; On-site; GBP 50,000 - 80,000; Full time

Job summary

An established industry player in financial services seeks a Compliance Manager to implement and enhance their compliance monitoring framework. This role involves leading compliance reviews, providing regulatory guidance, and ensuring adherence to FCA regulations. The ideal candidate will have a proven track record in compliance monitoring, strong analytical skills, and the ability to communicate effectively with stakeholders. Join a dynamic team where your expertise will contribute to continuous improvement and regulatory excellence in a fast-paced banking environment.

Qualifications

• Proven experience in compliance monitoring or audit roles within financial services.
• Deep regulatory knowledge of FCA regulations affecting the Bank.

Responsibilities

• Implement the Bank’s Compliance Monitoring framework and procedures.
• Lead compliance monitoring reviews and prepare reports.
• Conduct quarterly customer outcomes testing as part of compliance.

Skills

Compliance Monitoring

Audit Skills

Regulatory Knowledge (FCA)

Communication Skills

Organizational Skills

Issue Management

Stakeholder Management

Analytical Skills

Job description

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Compliance Professionals provided pay range

This range is provided by Compliance Professionals. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

THE COMPANY:

Our client is an international banking group, offering a wide range of products and services including savings, loans, mortgages, and insurance.

RESPONSIBILITIES:

• Implement the Bank’s Compliance Monitoring framework, processes, and procedures in line with industry and regulatory standards and the Bank’s risk appetite. Aid in reviewing and updating compliance monitoring procedures to drive continuous improvement.
• Lead compliance monitoring reviews as outlined in the plan, covering regulated activities. Prepare terms of reference, test controls, write reports, agree findings with stakeholders, and track issues to closure.
• Conduct quarterly customer outcomes testing as part of the Bank’s consumer duty requirements.
• Influence and guide internal stakeholders to ensure successful implementation of the compliance monitoring framework and resolution of issues.
• Support in evaluating the effectiveness of Compliance RCSAs and coordinate with Operational Risk for alignment.
• Collect and analyze compliance MI related to monitoring and regulation; provide insights to governance forums.
• Proactively develop knowledge of regulatory compliance and share best practices within the Risk Teams and across the bank.
• Support the business with timely regulatory advice and guidance, especially during projects and change initiatives.
• Assist in preparing MI reports and slides for the Legal and Regulatory Compliance Committee.
• Maintain Conflicts of Interest and Gifts and Entertainment Registers.
• Review compliance policies, standards, and procedures as needed.
• Provide regulatory training to internal stakeholders.

EXPERIENCE REQUIRED:

• Proven experience in Compliance monitoring or Audit roles within financial services.
• Experience in Compliance Monitoring activities.
• Deep regulatory knowledge of FCA regulations affecting the Bank, including FCA Consumer Duty.
• Strong communication, organizational skills, and ability to present confidently with staff and management.
• Ability to investigate, analyze, and interpret MI.
• Effective issue management and stakeholder management skills.

For further information, please contact Hannah Tabatabai.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance

Industries

• Financial Services, Investment Banking, Banking

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