Job Description
THE COMPANY:
Our client is an international banking group, offering a wide range of products and services including savings, loans, mortgages and insurance.
THE RESPONSIBILITIES:
1. Implement the Bank’s Compliance Monitoring framework, processes and procedures in line with industry and regulatory standards and the Bank’s risk appetite. Where required, aid in reviewing and updating compliance monitoring procedures to drive continuous improvement.
2. Lead on compliance monitoring reviews as outlined in the compliance monitoring plan, covering the Bank’s regulated activities. This includes preparing terms of reference, testing the design and operational effectiveness of regulatory controls, report writing, agreeing findings with key stakeholders and tracking all issues and remediation through to closure.
3. Conduct quarterly customer outcomes testing as part of the Bank’s consumer duty requirements
4. Influence and guide internal stakeholders to ensure the successful implementation of the compliance monitoring framework and the resolution of issues/actions.
5. Support in evaluating the ongoing effectiveness of the Compliance RCSAs and work with Operational Risk to ensure alignment.
6. Collate all required compliance Manag...