Compliance Officer (Onsite) - City Bank

Market Talent Ltd; Greater London; In loco; GBP 50.000 - 75.000; Tempo pieno

Descrizione del lavoro

Market Talent Ltd represents a City banking brand seeking a Compliance Officer (Monitoring & Advisory) to support the Head of Compliance in maintaining an effective compliance framework, providing independent second line of defence (2LOD) oversight, monitoring and advice across the bank.

The role covers compliance monitoring, consumer Duty, regulatory change, data protection and policy writing and enhancements.

Mansioni

• Design and deliver the annual risk-based compliance monitoring plan across business lines and branches.
• Produce clear monitoring reports, agree findings with stakeholders, and present material issues to the Head of Compliance and Executive Committee.
• Track remediation actions through to completion and assess effectiveness of corrective measures.
• Assist in 2LOD monitoring of Consumer Duty outcomes, producing MI dashboards and contributing to the annual Consumer Duty Board report.
• Monitor risk indicators and customer complaint trends, performing root-cause analysis to improve outcomes.
• Assist SM&CR requirements, including fitness and propriety assessments and FCA/PR information accuracy.
• Regulatory horizon scanning and implementation of regulatory changes through updated policies and controls.
• Review and maintain compliance policies, supporting internal audits and reporting.
• Provide oversight of data protection, privacy and information security, referencing GDPR and ICO standards.
• Support Sales and Legal in reviewing customer privacy and information security clauses.
• Oversee escalation and investigation of compliance, data protection and cyber security incidents.

Descrizione del lavoro

City banking brand is seeking a Compliance Officer (Monitoring & Advisory), to support the Head of Compliance in maintaining an effective compliance framework, providing independent second line of defence (2LOD) oversight, monitoring and advice across the bank. The role covers compliance monitoring, consumer Duty, regulatory change, data protection and policy writing and enhancements.

Key Responsibilities

• Design and deliver the annual risk-based compliance monitoring plan, undertaking risk assessments and thematic reviews across business lines and branch operations.
• Produce clear monitoring reports, agree findings and corrective actions with stakeholders, and present material issues and recommendations to the Head of Compliance and Executive Committee.
• Track remediation actions through to completion, assessing whether corrective measures effectively address underlying risks and control weaknesses.
• Assist in independent 2LOD monitoring and assessment of Consumer Duty outcomes, producing management information dashboards and contributing to the annual Consumer Duty Board report.
• Monitor key risk indicators and customer complaint trends, undertaking root-cause analysis to identify emerging risks and improve customer outcomes.
• Assist in Senior Managers and Certification Regime (SM&CR) requirements, including fitness and propriety assessments and the accuracy of FCA Register information.
• Regulatory horizon scanning, assess relevant FCA and PRA developments, and coordinate the implementation of regulatory change through updated policies, procedures and operational controls.
• Review and maintain compliance policies and procedures, supporting internal audits and the preparation of compliance reporting.
• Provide compliance oversight of data protection, privacy and information security arrangements, including data retention practices, with reference to applicable GDPR requirements, ICO expectations and relevant standards.
• Support Sales and Legal teams in reviewing and negotiating customer privacy and information security clauses.
• Oversee the escalation and investigation of compliance, data protection and cyber security incidents, working with relevant teams to ensure timely resolution and remediation.