Compliance Specialist, Finance & Banking

Job Description

Working in the Risk and Compliance Department providing Second line of defense to the business and reporting into the Compliance and Risk Department Manager

Responsibilities will include Compliance Monitoring, Compliance Advisory and Risk Management including providing senior management with timely, accurate and focused information and reporting

Requires working knowledge of the FCA regulatory framework, be an effective communicator at all levels with excellent presentation skills

Role Description

Responsible for the delivery of high-quality risk-based Compliance monitoring activities across the business.

Activities include regular 2nd line QA and Outcomes testing plus desk-based sample reviews to test both compliance with regulation/legislation to ensure the delivery of good customer outcomes are being achieved

• Production of timely management information for submission to monthly Risk and Compliance Committee
• Provide guidance to management and other departments on regulatory issues and compliance matters
• Advise on and help develop the financial crime framework to ensure it aligns with all legal and regulatory requirements
• Conduct Horizon scanning and for Senior Management to identify regulatory announcements and upcoming changes
• Compiling briefing notes covering key regulatory updates and announcements for senior management
• Maintaining a working knowledge of the regulatory environment to ensure proactive communication, intervention and countermeasures are timely and effective