Compliance Officer - London, United Kingdom - Compliance Professionals

Compliance Professionals
Compliance Professionals
Verified Company
London, United Kingdom

1 month ago

Tom O´Connor

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Tom O´Connor

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Description

THE COMPANY:

Our client is an international bank based in the City. The firm offers comprehensive financial solutions, ensuring excellent service, reliable banking, and trusted expertise for customers


THE RESPONSIBILITIES:


  • Performing Compliance Risk Assessments
  • Second line oversight of the Bank's compliance with the applicable law, regulations and internal policies
  • Developing and implementing a Compliance Monitoring Programme (CMP)
  • Performing second line oversight reviews in line with the CMP
  • Issuing Compliance Review reports to the respective SMFs, HoDs and BMs
  • Reporting the key findings from Compliance Reviews to the relevant governance committees
  • Tracking and follow up of implementation of the recommended actions as per the Compliance Reviews
  • Assisting the Chief Compliance Officer (CCO) and the Compliance Managers (CMs) for managing the regulatory communications
  • Maintaining a tracker of regulatory communications
  • Assisting the Compliance Managers (CMs) for developing and updating the Regulatory Mapping and Horizon Scanning trackers
  • Advising and supporting the business and support functions on Compliance matters including legal and regulatory obligations
  • Performing administrative tasks related to the Compliance departments
  • Responding to the Internal and External auditors on Compliance matters
  • Updating and reporting of Compliance breaches
  • Developing, reviewing and updating the policies, procedures, and other governance documents of Compliance function
  • Second line review of policies and procedures pertaining to business and support functions
  • Compile monthly/quarterly/annual Ml to Parent Office based on Mis submitted by Branches/Departments (manual and through online systems of Bank)

EXPERIENCE REQUIRED:


  • Generalist Compliance/monitoring experience
  • Understanding of compliance risks across the business
  • Awareness of the risks and responsibilities involved
  • Knowledge of Regulatory Framework applicable to both the UK entities of the bank
  • Knowledge of monitoring regulatory developments that may impact the bank
  • Good Interpersonal and Communication skills
For further information please contact Hannah Tabatabai
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