Compliance Monitoring Manager | London, UK

BBVA; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

BBVA is seeking a Compliance Monitoring Manager for its London branch. This crucial role involves designing and executing the compliance monitoring programme, ensuring adherence to FCA regulations, and building effective relationships across departments. Ideal candidates should have significant compliance experience within regulated financial institutions and strong communication skills.

Qualifications

• Minimum 5 years' experience in compliance monitoring, assurance, or audit role in FCA-regulated environment.
• Strong knowledge of UK regulatory framework, especially FCA Handbook.
• Experience in executing thematic reviews and drafting detailed reports.

Responsibilities

• Design, maintain, and execute the Compliance Monitoring Plan.
• Prepare detailed reports and identify root causes of compliance issues.
• Collaborate with business and legal teams to resolve monitoring findings.

Skills

Analytical

Communication

Attention to detail

Ethical integrity

Education

Undergraduate degree

Job description

Excited to grow your career?

BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers.

We are seeking an experienced and highly motivated Compliance Monitoring Manager to shape and execute the compliance monitoring programme for BBVA London (the branch).

This role is critical to ensuring the branch meets its ongoing obligations under the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) regimes.

About the job:

Compliance Monitoring Plan (CMP)

• Design, maintain, and execute the annual risk-based Compliance Monitoring Plan.
• Perform periodic and thematic reviews of the branch's business activities to assess compliance with regulatory requirements, and internal Compliance policies and procedures.
• Develop scoping documents, testing plans, and work papers for each monitoring activity.
• Prepare detailed reports and recommendations following each monitoring review, including identifying root causes of issues and tracking remediation.
• Escalate significant issues and breaches to the Head of Compliance, Continental Europe and Middle East, and relevant governance bodies.

Stakeholder engagement

• Socialise and raise the profile of the Compliance Monitoring Plan.
• Assist in developing and enhancing compliance frameworks.
• Collaborate with business, operations, Engineering, finance, risk, and legal teams to ensure effective resolution of monitoring findings.
• Work closely with first line "Risk and Control Assurer" teams to challenge and provide input into compliance risk assessments, and the effectiveness of control design and operation.
• Work closely with Internal Audit to ensure integrated oversight of branch activities and testing plans.
• Contribute to the Regulation and Compliance Committee, Operational Risk Committee, and London Management Committee reporting by preparing monitoring updates and contributing to key risk indicators.
• Build and maintain productive working relationships across business lines to promote a culture of compliance.

Essential Qualifications & Experience

• Minimum of 5 years' experience in a compliance monitoring, assurance or audit role within an FCA-regulated investment bank, securities environment or financial institution.
• Strong working knowledge of the UK regulatory framework, especially FCA Handbook (COBS, SYSC and PRIN), and market abuse regulations.
• Experience in executing thematic reviews and drafting detailed reports.
• Excellent communication skills and the ability to present complex issues to senior stakeholders.
• Excellent analytical, investigative, and report-writing skills.
• High attention to detail and strong organisational capabilities.
• Sound judgement and ethical integrity.
• Undergraduate degree.

Preferred Attributes

• Experience with European regulatory requirements relating to markets in financial instruments (e.g. MiFID II) and how they apply to UK branches (UK MiFID framework).
• Understanding of Joint Money Laundering Steering Group guidance, and AML legislation.
• Familiarity with electronic trading, derivatives, or capital markets operations.
• Relevant professional qualifications (e.g. ACCA, ICA, or CISI Diploma in Compliance) would be an advantage.

Skills:
Customer Targeting, Empathy, Ethics, Innovation, Proactive Thinking

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