As a Senior Officer - CHAPS CRM, you will be responsible to take actions required as a Direct Participant of CHAPS. You will be experienced in supporting and managing regulatory reporting projects including but not limited to CHAPS annual attestation

Main Duties

• Document appropriate controls based on regulatory needs and assessing the effectiveness of such controls by conducting control testing
• Coordinate across three lines of defence to ensure project task is completed in a timely manner
• Prepare and manage questionnaire responses from Bank of England
• Prepare regular reports for Head of Department and Senior Management when required
• Complete CHAPS Compliance analysis, thus developing suitable controls and remediation action
• Analyse CHAPS activities, identify relevant risks and document them
• Assist to discover, detect, document, manage and mitigate CHAPS related full range of risk types
• Provide support for the first line of defence (1LoD) to identify risks as well as document and manage them. Provide assistance in designing controls and testing their effectiveness
• Assist to complete CHAPS Quarterly RCSA
• Support CHAPS morning and late shift including extensions as CHAPS Operator

Experience and Qualifications

• Degree educated in Finance, Economics, Accounting or other equivalent
• Experience within the Financial Services industry and proven track record in similar business stream
• Experience of SWIFT and CHAPS payment processing and relevant global payment schemes
• Experienced in SWIFT Payment Messages both MT and MX (ISO20022) is desirable
• Project management experience
• Risk and controls experience