Regulatory Compliance Manager

A legacy of Trust. A future of Innovation.

Founded in 1922, Alpha Bank London (ABL) has a deep history in the City of London. Today, we operate as a fully independent entity within the Alpha Bank Group, blending nearly a century of banking excellence with a modern approach. We proudly serve clients across the UK and internationally, offering bespoke financial solutions with the agility of niche bank and the depth of experience that only history can provide.

There’s never been a more exciting time to join ABL. Despite our small size we have huge ambition. Our evolution includes the development of a digital retail banking offering with community impact at its core. With strong backing from our Board and shareholders, our new proposition is geared towards the Greek, Cypriot, and wider diaspora populations in the UK.

This is a 6 month FTC.

Role Summary:

The Regulatory Compliance Manager will play a key role in delivering the Bank’s second line regulatory compliance framework, with a focus on compliance monitoring, regulatory mapping, risk assessment, thematic reviews, regulatory reporting and advisory support to the business. Working closely with the other members of the Regulatory Compliance team and the Chief Risk Officer, the role will help ensure the Bank remains compliant with applicable FCA, MiFID and other regulatory requirements, while promoting a strong compliance culture and providing clear, practical guidance to stakeholders across the business.

Key Responsibilities:

• Carry out assessments and maintain the mapping table of the regulatory compliance rulebook against the Bank’s activities, encompassing all applicable regulatory bodies
• Manage and operate the Compliance monitoring programme
• Manage the Compliance Risk Assessment Process
• Conduct thematic reviews
• Risk & Compliance Committee Issue follow up - Compliance findings tracker
• Provide MiFID support
• Conduct periodic compliance monitoring from a 2nd line of defence standpoint, emanating from processes and controls identified from the Compliance risk assessment.
• Assist the SMF
  16 in providing advisory activities to the business areas on day-to-day matters as well as specific requirements.
• Prepare monthly management informationrelating to monitoring findings and other compliance matters and report into governance committees
• Assist in the logging of, and investigation into, compliance related breaches
• Assist in the investigation and logging of customer complaints, and registering of gifts and entertainment, personal account dealing, data protection matters and other compliance related items
• Assist in Compliance policy creation and enhancements of procedures
• Prepare various regulatory returns as relevant
• Assist the Bank through providing Compliance expertise on initiatives or projects as needed
• Support the broader Compliance team in day-to-day activities as requested
• Support the wider business by promoting a compliance culture through interactive feedback from monitoring reviews
• Assist with any other compliance related tasks as per the SMF
  16’s direction.
• Ensure controls and procedures are implemented to maintain compliance with all regulatory requirements
• Report any significant compliance failures to Senior Management on a timely basis
• Consider areas where process can be improved and efficiencies made
• Provide cover for duties as requested by management
• Ensure timely, accurate and robustness of reporting prepared
• Report operational risk events that occur as soon as possible
• Keep up to date and familiar with relevant regulatory compliance concerns

Key Requirements:

Qualifications:

• Relevant experience of regulatory compliance activity in a similar sized financial services firm
• Relevant retail and MiFID experience desired
• Very strong knowledge of FCA handbooks and associated requirements for Banking firms
• Strong MiFID knowledge is essential and Payment Services Regulations desirable
• Knowledge of banking operational procedures
• Knowledge of 2nd line monitoring techniques
• Ability to map regulation to business activity
• Well-versed in monitoring techniques and risk assessment

Technical Skills:

• High standard of administrative and organizational skills
• Ability to question outliers
• Ability to read regulation, interpret, assess and inform on findings
• Analytical mindset
• Ability to think for oneself and present solutions
• Strong report writing and presentational skills
• Ability to work in a team
• Ability to communicate effectively across all levels, including executive management