Senior Compliance Manager

Salary: £90k

Contract: 6 month FTC to convert to perm (we need someone to start quickly hence this structure but it is replacing a permanent leaver)

Industry: Banking

A high growth Bank based n is seeking a proactive and technically proficient Compliance Generalist to join its team. This is a vital role, working closely with the Head of Compliance & MLRO, focusing on regulatory advisory, monitoring, and change implementation.

Key Responsibilities

Advisory

• Business Partner to business areas allocated by Head of Compliance.
• Responsible for SMCR scheme.
• Writing reviewing and implementation of Compliance Policies
• Responsible for Horizon scanning, assessing impact and advice to business of regulatory changes and running the Regulatory change working group.
• Preparing guidance and training on new and existing regulatory and certain legal requirements (and on any remedial action to address identified existing shortcomings) to business units.
• Approval of financial promotions and other communications
• Advice and oversight of Consumer Duty for business areas.
• Management of complaints for business areas.
• Responsible for preparing and reporting on KRI’s

Monitoring and Reporting tasks include:

• Reviewing and reporting on adherence to regulatory and legal requirements in accordance with the annual Compliance Monitoring Programme or as other risk based monitoring requirements are identified.
• Maintaining records of regulatory change and compliance department recommendations for changes to existing policy or procedures, including action being taken and confirming completion of that action.
• Drafting regular reports for senior management, including the Operational Risk, Management and Audit & Compliance Committees and Group Compliance.

Ad hoc tasks include:

• Preparing or reviewing regulatory periodic or ad hoc returns,(especially fee data, CMAR, controllers, close links, complaints, RDR & MMR) including assistance with thematic review responses.
• Advising and liaising with operational departments to implement changes in operational processes arising from new regulations, business developments, and compliance review findings.

The successful applicant will have:

• Proven generalist compliance experience gained within Banking (5 + years experience)
• Solid understanding of FCA regulations such as SMCR, Consumer Duty, Financial Promotions rules.
• Complaint Management experience highly regarded
• Role will likely partner with treasury so EMIR knowledge well regarded
• Proven ability to independently manage compliance monitoring and projects.
• Strong analytical, communication, and influencing skills including board level reporting