We are extremely proud to be partnered with a highly reputable banking organisation to assist them with their search for a Technical Compliance Advisor
Reporting in to the Head of Compliance you will be responsible for:
Assessing the impact of proposed regulatory changes, using your experience to implement and communicate the updates through the business
You will develop and maintain processes and procedures to ensure effective and efficient compliance, on a company wide basis with applicable regulations on Banking, Consumer Credit, Deposit Taking and Insurance mediation.
You will assist in the identification of Compliance risks to which the business is exposed, and help maintain and update the Compliance Risk Register for the bank.
The successful applicant will review and approve products and plans within the business including review and approval of all financial promotions, participate in cross-functional teams with respect to strategic initiatives and business projects in order to assess and advise with respect to regulatory compliance issues.
Maintain constant and open dialogue with business units to provide Compliance advice to enable business units to operate in a compliant manner.
Manage, coordinate and submit various regulatory applications including PRA Waivers and notifications, also CRR Permission applications as and when required by the business.
Communicate and raise awareness of Compliance to business units to cultivate a compliance culture and understanding of issues imperative to compliance
Provide compliance supervisory reports on areas of compliance oversight as required by the business and Compliance Monitoring Programme both on an annual or ad-hoc basis.
(There is a full job description available, upon request)
Compliance experience gained from the financial services or general insurance
Understanding of regulators, compliance, banking, data protection, money laundering and financial crime policies and the requirements of an authorised firm
Knowledge of AML, terrorist financings, Sanctions, Politically Exposed Persons and Fraud industry practises
Business advisory experience with particular emphasis on providing compliance focused advice to new projects or product development teams
Creative problem solving and successful task execution
Very proficient at explaining, advocating and expressing facts and ideas in a variety of settings both orally and in writing
Experience of compliance monitoring
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