Global Compliance Monitoring Manager
Boston Consulting Group
London, UK
Published 1 month ago
Compliance Management Systems / Technology
WHAT YOU'LL DO
Role Overview
We are seeking an experienced Compliance Monitoring Manager to join BCG's Global Compliance team within Compliance Excellence. This second line of defence role offers a unique opportunity to contribute to a team that provides innovative support, guidance, and oversight on critical compliance topics.
Key Responsibilities
This is a managerial role responsible for setting compliance monitoring personnel objectives, providing ongoing feedback, and promoting professional development. The successful candidate will develop and execute an annual Compliance Monitoring Plan, utilize data analytics and advanced technologies to identify and manage risks, and leverage data to monitor compliance metrics. Additionally, the role involves tracking identified risks, implementing corrective actions, and ensuring sustainable resolution of issues.
Stakeholder Engagement
The successful candidate will be adept at maintaining strong relationships across a wide range of stakeholders, including:
In this role, you will contribute to initiatives that empower BCG employees to adhere to the company's values and code of conduct, ensuring compliance with laws, regulatory requirements, and internal policies and procedures.
WHO WE ARE
BCG pioneered strategy consulting more than 50 years ago, and we continue to innovate and redefine the industry. We offer multiple career paths for the world's best talent to have a real impact on business and society. As part of our team, you will benefit from the breadth and diversity of what we are doing today and where we are headed next. We count on your authenticity, exceptional work, and strong integrity. In return we are committed to supporting you in discovering the most fulfilling career journey possible-and unlocking your potential to advance the world. Our team called Global Services (GS) provides corporate support to business areas such as Finance, Legal, HR, Marketing and IT. This diverse team of experts, operators and specialists represent all levels from Partner to entry level staff, operating across the globe in multiple countries. Global Services is in short, the backbone of BCG.
YOU BRING (EXPERIENCE & QUALIFICATIONS)
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, protected veteran status, or any other characteristic protected under federal, state or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
YOU'RE GOOD AT
Risk Management
Members of our risk team develop and implement strategies for identifying and managing significant risk exposures at BCG. Alongside BCG's global risk-review program, those with risk management jobs help the firm's functional groups clarify risk ownership, evaluate risk management approaches, perform functional reviews, and implement solutions.
Role Overview
We are seeking an experienced Compliance Monitoring Manager to join BCG's Global Compliance team within Compliance Excellence. This second line of defence role offers a unique opportunity to contribute to a team that provides innovative support, guidance, and oversight on critical compliance topics.
Key Responsibilities
This is a managerial role responsible for setting compliance monitoring personnel objectives, providing ongoing feedback, and promoting professional development. The successful candidate will develop and execute an annual Compliance Monitoring Plan, utilize data analytics and advanced technologies to identify and manage risks, and leverage data to monitor compliance metrics. Additionally, the role involves tracking identified risks, implementing corrective actions, and ensuring sustainable resolution of issues.
Stakeholder Engagement
The successful candidate will be adept at maintaining strong relationships across a wide range of stakeholders, including:
- Global Risk, Compliance Subject Matter Experts and Regional Compliance teams.
- Other Global Service functions and Business Support teams, such as Finance, HR, Legal, and Procurement.
In this role, you will contribute to initiatives that empower BCG employees to adhere to the company's values and code of conduct, ensuring compliance with laws, regulatory requirements, and internal policies and procedures.
WHO WE ARE
BCG pioneered strategy consulting more than 50 years ago, and we continue to innovate and redefine the industry. We offer multiple career paths for the world's best talent to have a real impact on business and society. As part of our team, you will benefit from the breadth and diversity of what we are doing today and where we are headed next. We count on your authenticity, exceptional work, and strong integrity. In return we are committed to supporting you in discovering the most fulfilling career journey possible-and unlocking your potential to advance the world. Our team called Global Services (GS) provides corporate support to business areas such as Finance, Legal, HR, Marketing and IT. This diverse team of experts, operators and specialists represent all levels from Partner to entry level staff, operating across the globe in multiple countries. Global Services is in short, the backbone of BCG.
YOU BRING (EXPERIENCE & QUALIFICATIONS)
- An academic degree in a relevant discipline: Audit, Business, Mathematics, Computer Science, or Information Technology.
- Advanced degree or certification in compliance, auditing, risk management, or a related field (e.g., CCEP), preferred.
- Minimum of 5 years of experience in compliance, risk management, or a related field, preferably within a professional services firm
- Strong people management and leadership skills.
- Knowledge of industry-specific regulations and standards.
- Good analytical skills, attention to detail and be able to demonstrate a good knowledge of control design and root cause analysis.
- Proficiency in data analytics and advanced technologies used in compliance monitoring.
- Knowledge of current computing technologies and software applications such as SQL/Python query language, Alteryx, Advanced Tableau, Power BI and Microsoft tools
- Understanding of enterprise data warehouses, business intelligence architecture, application and design, ML & AI concepts
- Strong analytical foundations and experience with more advanced analytics topics such cohort and regression analysis, predictive modelling etc.
- High attention to detail and proven ability to manage multiple, competing priorities simultaneously.
- Strong communication and interpersonal skills, with the ability to work effectively with cross-functional teams.
- High integrity, flexibility, willingness, and sense of ownership.
- Fluent business English (spoken and written).
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, protected veteran status, or any other characteristic protected under federal, state or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
YOU'RE GOOD AT
Risk Management
- Integrate various data sources to gain comprehensive insights across compliance risk areas.
- Identify higher-risk areas for targeted monitoring and mitigation.
- Recommend risk management strategies to address identified risks effectively.
- Development and delivery of the risk-based annual Compliance Monitoring Plan and methodology.
- Ongoing execution and development of annual Compliance Monitoring Plan.
- Utilize data analytics and advanced technologies to identify and manage risks efficiently.
- Regularly review and update monitoring frameworks to adapt to changing internal requirements and regulatory landscapes.
- Develop and maintain dashboards (Tableau) to provide real-time visibility into compliance performance and risk exposure.
- Utilize data analytics and advanced technologies to identify and manage risks efficiently.
- Review, update, and investigate data from pertinent data sources to ensure a high level of quality, accuracy, and timeliness. Liaise with cross-functional teams to ensure compliance data quality is optimal or otherwise remediated.
- Use analytical and statistical techniques to measure the drivers of risk and effectiveness of controls.
- Train colleagues in data-driven, risk-based decision making.
- Track identified risks and recommend corrective actions.
- Maintain a log of findings and follow up on corrective actions to prevent recurrence.
- Prepares monitoring reports to specified standards, style, timeliness, with the need for minimal changes.
- Develop tangible and repeatable compliance metrics for compliance management reporting.
- Work closely with Compliance colleagues to complete ad-hoc analysis, question assumptions, define key metrics, design dashboards, and deliver compliance reports.
- Communicate key findings to leadership and make strategic recommendations.
Members of our risk team develop and implement strategies for identifying and managing significant risk exposures at BCG. Alongside BCG's global risk-review program, those with risk management jobs help the firm's functional groups clarify risk ownership, evaluate risk management approaches, perform functional reviews, and implement solutions.