Senior Regulatory Compliance Manager - CER Financial

Senior Regulatory Compliance Manager

City of London

Permanent

to £100,000

cer Financial are working alongside a bank who are based in the City of London. They are seeking a Senior Regulatory Compliance Manager to work with them on a permanent basis.

The responsibilities of a Senior Regulatory Compliance Manager will include:

• • Oversight of firm wide impacts of new regulation and change in regulatory landscape through management of the horizon scanning process.
  • Communicate regulatory change through impact assessments and interaction with stakeholders. Provide interpretation of rules, regulations, consultation papers, policy statements and other publications.
  • Production of MI to management and Board committees.
  • Lead on providing clear and accurate technical or specialist regulatory and compliance advice to senior management and the wider business lines.
  • Help the business manage regulatory risk by working with business areas to cultivate and maintain key relationships to enable the provision of proportionate and appropriate compliance and regulatory advice whilst supporting the commercial strategy. Influencing stakeholders, including SMF role holders and other senior managers, to make compliance decisions in their business areas.
  • Act as Compliance lead at relevant fora and committees across the business to proactively identify and manage compliance risks.
  • Produce and deliver ad-hoc regulatory briefings to stakeholders.
  • Support effective collaboration with regulators on regulatory requests and initiatives, including the co-ordination and drafting of timely responses to regulatory requests and supporting Principle 11 notifications.
  • Ensuring all regulatory requests, responses and associated documentation are logged, actioned and tracked.
  • Preparation of internal briefings on regulatory topics/themes and regulatory engagement.
  • Co-ordinate or participate in group firms’ responses to relevant consultation papers.
  • Attend select UK Finance, FLA and other regulatory trade bodies’ working groups.
  • Work with key stakeholders to ensure that core SMCR requirements are understood and implemented.
  • Maintain and update the SMCR documentation that is owned by Compliance, as set out in the Bank’s SMCR Policy, including the Management Responsibilities Map (MRM).
  • Complete and submit, based on information provided by the business, the relevant Senior Management Function (SMF) applications to the FCA and PRA.
  • Oversee FCA SMCR notifications, including updating the Directory.
  • Maintaining records of departmental actions, supporting closure with action owners by providing regular updates on open items and targets dates.
  • Supporting the management and control of risk across the business through effective review and oversight.

The successful Senior Regulatory Compliance Manager will have:

• • Knowledge and experience of regulatory responsibilities gained from a regulated organisation
  • Experience of a PRA and FCA regulated environment
  • Experience of quality assurance testing in a banking / financial services environment
  • A relevant professional qualification (e.g. ICA, IRM)