This is a hybrid role working 3 days per week in the office (City of London location) and 2 days working from home.
Role Purpose:
To support the delivery of the Bank's Compliance Monitoring Plan and to provide advice and guidance to the business on compliance matters.
Responsibilities:
This is a generalist compliance role, covering both compliance advisory and monitoring responsibilities:
Compliance Advisory
Role Purpose:
To support the delivery of the Bank's Compliance Monitoring Plan and to provide advice and guidance to the business on compliance matters.
Responsibilities:
This is a generalist compliance role, covering both compliance advisory and monitoring responsibilities:
Compliance Advisory
- Provide first line with regulatory guidance/advice where required, recording, analysing and reporting monthly to Head of Compliance
- Review Bank-wide policies and procedures against regulatory requirements and best practice, completing a gap analysis accordingly, making recommendations for change and monitoring for closure.
- Undertake regulatory horizon scanning ensuring that all regulatory changes that will impact the Bank are known, communicated (including providing summary and undertaking gap analysis when required) and plan for implementation.
- Assessment, approval and recording of financial promotions in line with the Bank policy.
- Preparation and distribution of Compliance and Conduct Management Committee pack including minutes and action log.
- Assistance in the design and delivery of Bank wide Compliance training where required
- Complete regular Compliance Monitoring engagements in accordance with the annual Compliance Monitoring Plan
- Take the lead in carrying out Compliance Monitoring reviews in accordance with the Compliance Monitoring Procedure
- Ensure testing scripts meet the required specification to enable robust testing to be undertaken
- Produce high quality monitoring reports in a timely manner, clearly the identifying issue, root cause and required actions
- Review and critically appraise evidence presented in support of proposed action closure
- Assist in updating the Compliance Risk Assessment with the output from Compliance Monitoring reviews
- Previous experience in a financial services compliance role, ideally in a banking environment
- Competent IT (Word, Excel, PowerPoint) and presentation skills
- Detailed knowledge of PRA/FCA rulebooks in relation to areas of responsibility
- competitive salary and bonus package
- matched pension contributions up to 7%
- 26 days annual leave plus two wellbeing days and opportunity to purchase additional holiday
- flexible and hybrid working
- private medical insurance via Vitality
- life, income protection and critical illness insurance
- enhanced family leave pay
- extensive learning and personal development opportunities
- electric car scheme and cycle to work scheme
- season ticket loan
- wellbeing support - discounted gym membership, employee assistance programme, 24/7 private GP access for staff and their immediate family (online), 1:1 key life stage coaching