Compliance Manager - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The key purpose of this role is to work as part of the Compliance Team in delivering practical and clear guidance to the business on how to effectively meet new and existing conduct regulatory requirements and proactively help the business to ensure thatit implements effective systems and controls (in relation to these requirements) and to escalate any material issues identified.

In addition, contribute to the achievement of the Group's business goals in what continues to be, a rapidly changing conduct regulatoryenvironment and to promote a robust and effective compliance and conduct risk culture within the Bank.

Provide the business with support, information and advice in relation to interpretation of regulatory and conduct rules/guidelines and other associated regulatory themes.
Review and provide advice on business owned policies, and procedures as appropriate. Ensuring they are aligned to regulatory requirements and are consistent across the Group. Write, review and communicate Compliance owned policies and procedures, ensuringthey remain up to date, and regulatory and conduct requirements are articulated clearly for the Group to adhere to.
Assist with ensuring that all relevant SM&CR policies and procedures are reviewed in line with scheduled review dates/SMCR Annual Plan.
Support the Senior Compliance Manager (Policy) by undertaking day to day BAU activities in respect to the SM&CR annual plan and ensure that Compliance records are kept up to date.
Assist with ensuring that relevant team documents as required and, where appropriate, are reviewed, remain accurate and up to date.
Feed updates in respect of relevant regulatory and conduct developments to the monthly Group Risk Management Committee (GRMC) and Group Conduct Risk Management Committee (GCRMC) reports where required.
Contribute to the Group Compliance Function's identification, assessment, reporting and review of regulatory and conduct matters facing the business.
Help ensure timely identification and clear/concise communication to the business of regulatory and conduct developments and their implications. Support daily review and triage of incoming notifications, housekeeping of the Horizon Matrix and facilitateHorizon Scanning call.
Share updates, create business briefings, and undertake impact assessments for required regulatory changes whilst providing additional commentary/insight on areas of interest for the business and focus from the regulators.
Contribute to the completion of the regular Horizon newsletter and horizon scanning calls, providing feedback on allocated actions.
Support the Personal Development team in development, delivery and evaluation of regulatory/conduct risk related training, where required.
Support the timely receipt acknowledgement of FCA Information Requests and Trade Body Surveys, communicate with the regulator, relevant Execs and stakeholders in respect to receiving the request, and provide ongoing support as necessary as and when required.
Following materiality assessment/identification of issues, support the standalone regulatory notification of the issue to the FCA in a timely manner.
Support the submission of the Group's regulatory reporting for close links, controllers, regulated entities and conduct breaches in a timely manner.
Contribute to the monitoring of the Regulatory Correspondence Mailbox for the Group, keeping accurate and up to date records and ensuring that requests from the regulator are tracked with the relevant stakeholders to meet deadlines, and ensure that actionsfrom the PRA Regulatory Digest are followed through to completion.
Act as an ambassador for the bank's compliance and conduct risk culture and standards, demonstrating the highest standards.
Promote and support a culture that values diversity in its workforce and demonstrates equality of opportunity and fairness in its treatment of staff, customers and in all aspects of its business.
Ensure that you and your team fully understand and comply with the organisation's Data Governance Policies as they relate to your area of responsibility and demonstrate in your day to day work that you treat data as an important corporate asset which mustbe protected and managed.

Maintain the company's compliance standards and ensure timely completion of all mandatory on-line training modules and attestations.

A minimum of 2 years' experience working in a compliance or conduct risk role within the financial services industry is essential.
A minimum of 2 years' experience undertaking a conduct and regulatory advice role involving the identification and interpretation of emerging conduct regulatory requirements is essential.
Proven experience in liaising with senior internal stakeholders in respect to either regulatory change or advice.

Previous experience with retail banking products and services is desirable.