Senior Manager, Compliance and Governance

ZipRecruiter; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

An international bank based in London is seeking a Senior Manager for Compliance and Governance. This permanent position involves supporting the Head of Compliance, overseeing regulatory requirements, managing compliance activities, and acting as the Data Protection Officer. Candidates should have experience in banking compliance and a strong understanding of regulatory frameworks.

Qualifications

• Experience in compliance and governance roles in the banking sector.
• Understanding of PRA/FCA regulations and compliance practices.
• Strong communication skills for effective engagement with staff.

Responsibilities

• Oversee and manage compliance with regulatory requirements.
• Act as Data Protection Officer and manage compliance activities.
• Prepare and submit regular reports on compliance matters.

Job description

Overview

Senior Manager, Compliance and Governance for an international Bank based in London. This is a permanent position. The role supports the Head of Compliance to oversee, manage and comply with regulatory requirements of the Retail, Corporate and Treasury-related business.

Responsibilities

• Act as a Data Protection Officer and carry out day-to-day compliance related activities.
• Maintain a thorough up-to-date understanding of relevant PRA/FCA rules including Conduct Risk, Consumer Duty, TCF, MiFID II, EMIR, PSD II and CASS; stay up-to-date with regulatory and legislative developments and assess implications for the Bank and disseminate/implement where necessary.
• Undertake regular risk-based monitoring to test the embedding of Compliance arrangements within the Bank (for example, SMCR and CASS).
• Act as the Bank's Data Protection Officer, review controls and maintain oversight of Data Protection requirements.
• Assist the Head of Compliance to ensure staff are appropriately trained on compliance topics (including induction for new staff).
• Assist in maintaining regulatory relationships and reviewing reports submitted to the regulator.
• Review and approve financial promotions in line with regulatory requirements.
• Prepare and submit regular reports on Compliance matters to the Governing bodies to keep them informed of regulatory developments and the Bank's compliance with requirements.
• Promptly deal with or escalate regulatory breaches to the Head of Compliance and ensure corrective and preventive actions are implemented.
• Facilitate knowledge sharing and effective engagement with staff on compliance issues.
• Manage and complete regulatory notifications using the PRA/FCA online platform.