Compliance Officer

JR United Kingdom; City Of London; On-site; GBP 55,000 - 60,000; Full time

Job summary

A major banking group is recruiting a Compliance Analyst in London. This role involves evaluating regulatory risks, supporting compliance initiatives, and requires previous experience in a regulated firm. The position offers £55,000 - £60,000 salary plus bonus, with a hybrid working model requiring 3 days a week in the office.

Qualifications

• Experience from a regulated organisation in mortgages is essential.
• Previous Compliance experience required.
• Self-initiative and a professional approach to problem solving.

Responsibilities

• Evaluate and escalate conduct and regulatory risks.
• Identify and resolve compliance issues.
• Support in the development of the advisory function.

Skills

Good knowledge and experience of regulatory responsibilities

Good communication skills

Strong Risk Management experience

Excellent attention to detail

Strong IT skills, specifically Microsoft Excel and PowerPoint

Job description

Overview

Rev & Regs are recruiting for a Compliance Analyst role for a large multinational banking company. The Compliance Team, under the leadership of the Chief Compliance Officer, sits within the 2nd Line of Defence Risk and Compliance function, is independent of the business units and is responsible for monitoring and challenging the implementation of the Compliance and Regulatory elements of the Risk Management Framework by the First Line.

Responsibilities

• Ensure conduct and regulatory risks are evaluated and escalated to deliver the right customer and operational outcomes.
• Identifying, investigating and resolving compliance issues.
• Support the Senior Compliance Manager in the development of the advisory function.
• Keeping key compliance registers up to date, including Horizon Scanning Log and Rules Mapping.
• Support with requests in relation to regulatory and policy such as the preparation and submission of returns on the FCA Connect System.
• Support in the creation and presentation of key Committee and Governance papers.
• Working as a business partner and enabler to respond to Risk and Compliance queries, with support from Risk and Compliance senior management.
• Supporting the closure of Compliance owned Corrective Action Plans and working with relevant key stakeholders to implement actions identified from Thematic and Assurance activities in line with defined delivery dates.
• Contribute to the 2LoD oversight of key projects and programmes across the Group.

Experience & Skills

• Good knowledge and experience of regulatory responsibilities gained from a regulated organisation in mortgages.
• Demonstrable experience of the application of: FCA Principles for Business, Consumer Duty and MCOBS.
• Good communication skills, both written and verbal.
• Previous Compliance experience at a regulated organisation.
• Strong Risk Management experience balanced with an awareness for commercial opportunity.
• Excellent attention to detail.
• The ability to review and digest regulatory requirements and publications and distil the information for Senior Manager consumption.
• Strong IT skills, specifically Microsoft Excel and PowerPoint.
• Self-initiative and a professional approach to problem solving.
• An ability to self-teach and conduct research into FCA and PRA regulatory requirements.

Salary & Location

Salary: £55,000 - £60,000 plus bonus
Location: Hybrid (3 days per week in City of London office)

Application

If you are interested, please apply today – [e-mail] / 0208 138 2324