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Compliance Officer

Posted 10 January by MERJE Ltd Ended

FCA Compliance Officer within a growing SME Bank in Central London looking after a broad spectrum of compliance work including compliance monitoring, conduct risk, interpretation and application of The FCA hand book as well as MCOB and CCA.

The Client:

Specialist Bank with dedicated teams providing asset finance, bridging finance, development finance, professional loans, specialised mortgages, structured finance and technology finance.

This Client does not provide sponsorship.

The role-

  • Maintain and execute the Compliance Monitoring Plan, by conducting thematic and area specific reviews against KPI’s
  • Provide output in the form of written reports, suggesting severity of issue/s found, remedial actions, timescales and monitoring for closure of actions
  • Ensure prompt escalation of issues identified to the Compliance Manager
  • Administer the Conduct Risk Framework
  • Maintain compliance log’s such as gift and entertainment log, fraud and breaches
  • Maintain policy and procedure registry
  • Identify, record, assess regulatory developments and draft appropriate summary of potential impact
  • Maintain the Complaint’s log ensuring that expressions of dissatisfaction are recorded, and where appropriate either provided with a summary resolution communication, acknowledgement letter, or issued with a final response. In doing so, independently assess the complaint to ensure that the outcome including any redress is fair, consistent (both internally and externally) and justified
  • Ensure the Bank is and maintains compliance with the Payment Card Industry (PCI) rules
  • Ensure that customer facing letters and documentation have been reviewed by Compliance for adherence to rules, tone of voice, that they are clear fair and not misleading and are accurately recorded on the documents log
  • Assessment and approval of financial promotions
  • Design and delivery of Compliance training in accordance with the Training plan
  • Assist the MLRO on money laundering issues
  • Assist with reviewing business documentation to ensure compliance with relevant regulation, legislation and guidance
  • Undertake ad hoc compliance work as required

Essential Attributes-

  • Ability to prioritise and work to tight deadlines
  • Excellent communication and influencing skill
  • Ability to analyse complex regulatory documents
  • Ability to progress and take on more responsibility with growth of the business
  • Ability to deal with all levels of operations effectively and with confidence
  • Previous experience in a financial services compliance role, ideally in a banking environment, would be an advantage
  • Experience in and knowledge of navigating and interpreting the FCA handbook
  • Degree or equivalent professional qualification
  • Good knowledge of regulatory framework in the financial services
  • Attainments/Experience
  • Highly organised and methodical with an ability to see projects through to completion
  • Analytical and attention to detail
  • Strong communication and interpersonal skills
  • Ability to liaise effectively with operational departments and across all levels of management

Required skills

  • Compliance
  • Private Banking
  • Retail Banking

Reference: 33937880

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