Contract Compliance Manager
Posted 2 weeks ago by Rev & Regs
£500 Per day
Undetermined
Undetermined
London Area, United Kingdom
Summary: The Compliance Manager role at an International Bank involves supporting the Head of Compliance through various activities, including regulatory knowledge and compliance monitoring. The position requires the implementation of compliance frameworks and continuous improvement of procedures. The role also emphasizes providing regulatory advice and analyzing compliance-related data to ensure alignment with internal governance. This is a contract position based in London with a focus on the banking and financial services sector.
Key Responsibilities:
- Implement the Bank’s Compliance Monitoring framework, processes and procedures in line with industry and regulatory standards and the Bank’s risk appetite.
- Aid in reviewing and updating compliance monitoring procedures to drive continuous improvement.
- Lead on compliance monitoring reviews as outlined in the compliance monitoring plan.
- Support in evaluating the ongoing effectiveness of the Compliance RCSAs and work with Operational Risk to ensure alignment.
- Continuously enhance regulatory compliance knowledge and proactively share best practices across Risk Teams and the wider bank.
- Provide timely, outcome-focused regulatory advice and guidance to support the business.
- Review and update compliance policies, standards, and procedures.
- Collate all required compliance Management Information (MI) relating to monitoring and regulation and analyse trends and issues to provide information and assurance to key internal governance forums.
Key Skills:
- In depth regulatory knowledge of FCA regulation, including knowledge of the FCA Consumer Duty.
- Experience in planning and executing Compliance Monitoring activities.
- Demonstrable experience in a Compliance or Audit related role within banking or financial services.
- Effectively manage issues by leveraging strong organisational and stakeholder management skills.
Salary (Rate): £500 daily
City: London
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Finance
Rev & Regs are recruiting for a Compliance Manager for a International Bank. This is a generalist Compliance role focused on proactively supporting the Head of Compliance (SMF16) through a variety of activities including regulatory knowledge, monitoring, and advisory services across the Bank.
Responsibilities:
- 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.
- Lead on compliance monitoring reviews as outlined in the compliance monitoring plan.
- Support in evaluating the ongoing effectiveness of the Compliance RCSAs and work with Operational Risk to ensure alignment.
- Continuously enhance regulatory compliance knowledge and proactively share best practices across Risk Teams and the wider bank.
- Provide timely, outcome-focused regulatory advice and guidance to support the business.
- Review and update compliance policies, standards, and procedures.
- Collate all required compliance Management Information (MI) relating to monitoring and regulation and analyse trends and issues to provide information and assurance to key internal governance forums.
Skills and Experience:
- In depth regulatory knowledge of FCA regulation, including knowledge of the FCA Consumer Duty.
- Experience in planning and executing Compliance Monitoring activities.
- Demonstrable experience in a Compliance or Audit related role within banking or financial services.
- Effectively manage issues by leveraging strong organisational and stakeholder management skills.
Duration: 6 Month
Location: London, City
Day rate: £500 per day