Banking Compliance Risk & Assurance Manager

Description

It is essential that all applicants have experience for a Bank in the UK for at least 3 years. Sponsorship will not be available for this position, therefore 3+ years on visa eligibility to work in UK is essential.

Our Client is looking for a Banking Compliance Risk & Assurance Manager to join their small team on a permanent basis. This position is full time in office, 5 days per week.

The successful candidate will be responsible for ensuring the Compliance monitoring and assurance activities and the business-wide risk assessments (Financial Crime, Compliance and Conduct) are carried out. To carry out risk assessment, monitoring, testing, and review activities as required under the Compliance Monitoring and Assurance Programme (CMAP) and to assist with the annual CMAP planning.

Key Responsibilities (but not limited to):

• Direct contribution to completion of the annual Financial Crime Business-wide Risk Assessment and Compliance and Conduct Risk Assessment process, and identify and implement appropriate controls to detect, prevent and mitigate risks identified.

• Carry out the written annual plan and lead the CMAP, to ensure such programme is executed upon schedule; or if schedule needs changing, work with relevant personnel to agree any change.

• Participate in the timely execution of the CMAP plan. Activities include, but are not limited to a thematic review of Anti Bribery and Corruption, testing critical aspects of the Market Abuse controls for reasonableness (Voice Recording), Gifts &Entertainment testing, Bloomberg Vault monitoring, FSCS eligible client classification and providing concise, timely and accurate written reports highlighting issues and recommendations for improvement/remediation actions.

• Develop and maintain good relationship with both the 1LOD and 3LOD to ensure that CMAP findings are communicated and remediated in a timely manner.

• Participate in maintenance of the risk assessment and CMAP methodologies to keep them in line with industry better practice.

• Lead production and review of Management Information from the Risk Assessment and CMAP activities.

• If required, attend the Compliance Forum and present CMAP and risk assessment reports and findings to committee.

• Participate in the Compliance Department s input into the Operational Risk RCSA process.

• Assist with implementing enhancements to Compliance and Financial Crime systems and controls.

Skills, Experience and Qualifications:

• Bachelor s degree or higher required; recognised industry qualification (e.g., ACAMS, ICA Diploma), highly desirable.

• Good experience of participating in a 2LoD Assurance & Testing in a wholesale banking environment.

• Good knowledge of the relevant FCA & PRA Rules, guidance, enforcement actions and relevant UK AML Regulations, Sanctions Regime, Fraud, Bribery Act.

• Attention to detail with strong analytical and problem-solving mind-set.

For more information on this role please contact Sarah Roffey by sending your CV quoting ref. 16910JW.

Ad ID: 5417293016