VP, Risk and Compliance (London Office)

BOCI; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

BOCI is seeking a Compliance professional in Greater London to support the Compliance team in monitoring regulatory strategies and carrying out compliance tasks. The role includes preparing reports for global offices and ensuring adherence to regulations.

The ideal candidate will have at least 5 years of compliance experience, a degree or professional qualification, and strong analytical, communication, and interpersonal skills.

Qualifications

• Minimum of 5 years' experience working in a Compliance role.
• Solid understanding of Financial Crime regulations and wholesale banking products.
• Strong work ethic and ability to handle Risk Management tasks.

Responsibilities

• Assist the Compliance team in executing its Compliance Monitoring Plan.
• Update and write new policies for BOCI Global Commodities UK Limited.
• Prepare Management Information reports for Beijing and Hong Kong offices.
• Assist with Financial Crime tasks, including Transaction Monitoring reports.
• Ensure staff compliance with FCA Handbook and LME and ICE Rule Books.

Skills

Analytical skills

Communication skills

Interpersonal skills

Understanding of FCA Handbook

Financial Crime regulations knowledge

Education

Degree or appropriate professional qualification

Job description

Responsibilities

• Assisting the Compliance team in carrying out its Compliance Monitoring Plan and regulatory strategy;
• Updating and writing new policies for BOCI Global Commodities UK Limited;
• Preparation of Management Information reports for Beijing and Hong Kong offices;
• Assist with Financial Crime tasks such as completion of Transaction Monitoring monthly reports, sanctions screening and ongoing monitoring via Dow Jones system;
• Assistance with trade (SMARTS) and communications surveillance (Bloomberg);
• Staff dealing, conflicts of Interest reviews, attestations;
• Ensuring staff adhere to FCA Handbook and LME and ICE Rule Books, by advising and communicating with staff;
• Assisting the team with various risk assessments, in Risk and Compliance;
• Working with supervisor(s) on Business Continuity Planning, Operational Risk Management and Liquidity Risk Monitoring.

Qualifications

• Educated to degree or appropriate professional qualification level;
• Minimum of 5 years' experience working in a Compliance role;
• Solid understanding of FCA Handbook, Financial Crime regulations and a broad range of wholesale banking products;
• Strong analytical skills to use data/risk metrics for risk and compliance monitoring;
• Excellent communication and interpersonal skills;
• Strong work ethic and ability to cover some Risk Management work in addition to Compliance responsibilities.