Compliance Analyst

  • 55K
  • London, England, United Kingdom
  • Permanent, Full time
  • Holmes Search
  • 05 Oct 18

Exciting opportunity to work in an investment bank within the compliance team. Looking for a dynamic and hungry individual who is going to think outside of the box and bring new ideas to the team. Excellent knowledge of desk and thematic reviews required, a fab opportunity for a desk reviews individual who is looking to get into a more weighted compliance role

Reporting to and working closely with the Head of Compliance Monitoring in London, responsibilities will include:

  • Executing periodic Financial Crime and Regulatory Compliance Policy and Control testing and deep-dive thematic and desk Compliance Monitoring reviews in accordance with the compliance monitoring methodology. This will include:
    • Analysing applicable regulatory requirements;
    • Developing understanding of Bank’s compliance and regulatory risk management processes, procedures and controls;
    • Testing the adequacy and effectiveness of the Bank’s control frameworks for compliance with applicable regulatory requirements;
    • Preparing work papers to support the testing and review work performed and the conclusions reached;
    • Working with Business and Compliance colleagues to ensure that remediation plans are agreed for any control weaknesses identified;
    • Documenting the results of the review and testing in a formal report for senior management and Board Risk Management Committee;
    • Following up agreed corrective actions to ensure issues have been appropriately addressed;
    • Carry out other ad hoc reviews and investigations as requested by management.
  • Supporting the preparation of the annual risk-based Compliance Monitoring Plan and maintenance of the supporting compliance monitoring planning methodology.
  • Assisting in the development of a Compliance Assurance Programme that will expand the scope of the periodic testing of processes and controls.
  • Assisting in the development of the Compliance Monitoring testing library.
  • Engaging with members of various Business departments, Operations, Compliance and IT based in London and in international locations as part of the review and testing mandate.
  • The position is based in London. There may be an occasional need to undertake assignments in overseas offices.

Knowledge, technical skills and experience:

  • Investment and Corporate Banking product and services knowledge;
  • Good knowledge of UK regulatory requirements and FCA Handbook;
  • Good undestanding of risk and control;
  • Analytical mathematical;
  • Good process improvement skills;
  • Strong report writing skills;
  • Good stakeholder management.

Personal attributes:

  • High level of integrity;
  • Delivery-orientated;
  • Excellent attention to detail;
  • Builds good relationships;
  • Hardworking, reliable and team-player

The role would suit someone who is:

  • A self starter;
  • Able to navigate complexity;
  • Logical thinker;