Description
An exciting opportunity for an experienced Senior Compliance Monitoring Advisor to join a leading challenger bank based in Glasgow. This position sits within the Regulatory Risk team and is being recruited on an interim basis until October 2018, however due to the increased workload within the team it is probable that this will be extended.
You will be supporting our customers and senior management by providing independent 2nd line oversight of the bank’s Conduct in Key Regulatory areas such as the prevention and detection of Market Abuse activity, Complaint Handling and other strategic Business initiatives.
Key responsibilities:
- Work with stakeholders across the Bank to deliver reviews that ensure the Bank delivers appropriate Customer outcomes in line with regulatory expectations while complying with Bank policies and processes
- Undertake review activity, and where appropriate, with other assurance providers/ risk areas e.g. Internal Audit
- Proactive in the identification and assessment of risks and issues that negatively affect our Customers and Bank compliance with regulatory expectations
- Ensure effective engagement with and reporting to senior management; agreeing corrective action; and determining timescales for completion takes place via regular and ad hoc reporting
- Use internal and external information (e.g. Enterprise Assurance reports, loss events data, Financial Conduct Authority enforcement actions, consultation papers, speeches) to proactively identify future issues and opportunities to improve the risk profile of Bank
- Recommend and champion changes to policies and procedures that increase compliance and raise standards
- Provide input to the annual Compliance Monitoring Assurance Plan, considering the regulatory horizon and upstream risks
You will need to demonstrate evidence of delivering a high standard of written and verbal communications, will have the ability to manage the needs of multiple stakeholders, proven analytical skills in reviewing information and identifying key business impacts as well as a solid understanding of the UK regulatory environment and applicable regulations, codes and compliance requirements. You will also have a knowledge of monitoring methodologies and processes, specifically the use and operation of control and risk mitigation strategies.
For more information in relation to the role, please contact Georgina at Rutherford Cross on 07850766965 or alternatively email [email protected]