Compliance monitoring officer - £60k Compliance monitoring officer - £60k …

Holmes Search
in London, England, United Kingdom
Permanent, Full time
Last application, 25 Sep 19
50-60k
Holmes Search
in London, England, United Kingdom
Permanent, Full time
Last application, 25 Sep 19
50-60k
Great opportunity to join an emerging markets trade finance bank. Working in a small team with a broad scope and development/progression opportunities.
  • To take ownership and responsibility for the timely delivery and completion of the Bank’s risk based compliance monitoring plan and program for Regulatory Compliance and Financial Crime.  
  • To provide advice and guidance on compliance monitoring issues to Compliance, Financial Crime, Business and Support staff and other concerned stakeholders as required. 
  •  To identify risks through compliance monitoring and escalate such issues to senior management for review and resolution.  
  • To promote a bank wide ‘culture’ of Compliance centered on awareness and understanding of Compliance risks and responsibilities consistent with expectations of the Board and regulatory authorities 
  •  To maintain Compliance independence and objectivity. 

Principal Responsibilities, Accountabilities and Deliverables of Role:

  • Conduct and execute Bank wide risk based Compliance Monitoring Plan and Program
  •  Maintain and update Bank wide risk based Compliance Monitoring Plan and Program and suggest additions and amendments as required
  •  Develop management information for all monitoring tests and reports
  • Conduct transactional surveillance across business lines and support areas
  • Conduct cyclical thematic monitoring reviews across business lines and support areas
  •  Conduct periodic business / desk reviews as required 
  •  Proactive and timely escalation of issues with supporting information. 
  • Ensure timely resolution of outstanding issues
  • Some planning and co-ordinatation of monitoring oversight of new EU subsidiary. 
  •  Act as subject matter expert across the Bank for all compliance monitoring issues
  •  Support branch and representative office activities and local compliance officers on relevant monitoring  issues
  • Help to develop, review, update and communicate Compliance Policies and Procedures, with specific emphasis on monitoring, to enable the Business and the Bank to comply with all applicable regulations and requirements and operate within the Bank’s Risk Appetite
  •  Assist with any compliance monitoring specific investigations on behalf of regulatory and other competent authorities and Senior Management of the Bank
  •  Participate in, and attend, relevant seminars or forums at the direction of management.

 

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