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