Compliance Officer Compliance - London, United Kingdom - United Trust Bank

United Trust Bank

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Responsibilities

Maintain and execute the Compliance Monitoring Plan, by conducting thematic and area specific reviews against KPI's; provide output in the form of written reports, suggesting severity of issue/s found, remedial actions, timescales and monitoring for closure of actions
Be responsible for prompt escalation of issues identified to the Head of Compliance
Review and administer the Bank's Conduct Risk Framework ensuring compliance with regulatory requirements and industry best practice
Provide first line with regulatory guidance/advice where required, recording, analysing and reporting to Head of Compliance monthly.
Review Bankwide policies and procedures against regulatory requirements and best practice, completing a gap analysis accordingly, making recommendations for change and monitoring for closure
Be responsible for monitoring that all complaints are administered in line with Bank policy, providing associated MI on trends and issues monthly to the Head of Compliance
To independently assess complaints to ensure that the outcome is fair, consistent and justified
Review business documentation, customer facing letters and documentation to ensure compliance with regulatory requirements and they are clear, fair and not misleading
Assessment and approval of financial promotions in line with Bank Policy
Design and delivery of Compliance training in accordance to the Bank's training plan
Undertake ad hoc compliance work as required

Skills and experience sought

Highly organised and methodical with an ability to see projects through to completion
Analytical and attention to detail
Strong communication and interpersonal skills
Ability to liaise effectively with operational departments and across all levels of management
Good knowledge of regulatory framework in the financial services
Previous experience in a financial services compliance role, ideally in a banking environment, would be an advantage
Experience in and knowledge of navigating and interpreting the FCA handbook
Degree or equivalent professional qualification

Remuneration and Benefits

Competitive Salary and Bonus package
26 Days Holiday
2 Wellbeing Days
Contributory Pension
Life Insurance / Income Protection / Critical Illness Cover
Private Medical Insurance
Season Ticket Loans
Excellent career development opportunities and where appropriate sponsorship of a relevant qualification