Regulatory Compliance Officer

City Of London

£33,000 - £36,000

The Role:

My client is currently looking for a Regulatory Compliance Officer to join them. You'll be responsible for ensuring the banks systems and controls meet or exceed the required regulatory standards. You'll have in-depth knowledge of the specialist area, which relates to a specific discipline - Regulatory Compliance.

In addition, you'll need an understanding of the overall business activity and will support the Risk & Compliance Director to achieve the functions business and regulatory objectives.

You'll need to have a firm grasp and understanding of FCA Conduct of Business Sourcebook with the primary responsibility of ensuring that the bank operates within a compliant and controlled risk environment.

Key Responsibilities:

  • You'll be responsible for ensuring the bank's systems and controls meet or exceed required regulatory compliance standard.
  • Assist with regulatory filings with the FCA and other regulators as required. Maintain the firms FCA Approved persons Registrations.
  • Providing assistance in preparation for External/Internal Audits and Client visits.
  • Organisation and maintenance of Compliance documentation.
  • Monitor and review regulatory changes from the PRA/FCA and other relevant regulators, perform initial gap analysis and help implement changes where necessary.
  • Help monitor, coordinate and manage the work conducted by the Risk and Compliance teams.
  • Produce reports to the senior management of the firm relating to the effectiveness of regulatory compliance as directed by the Risk and Compliance Director.
  • Manage compliance/contingency/risk issues within own area of control and the bank.
  • Provide advice on regulatory issues on areas of responsibility to all areas of the banks business.
  • Monitor adherence to the firms compliance with regulations as directed by the Risk and Compliance Director.
  • Arrange, administer and ensure that all staff have appropriate training in relation to Regulatory Compliance.

Qualities and Skills:

  • Able to demonstrate knowledge in the core areas of regulatory compliance gained with a financial services organisation.
  • Ability and confidence to work with senior members of staff.
  • Excellent communication skills both written and verbal.
  • Report writing skills.
  • Strong planning and organising skills.
  • Ability to persuade and influence.
  • Team player