At a Glance
- Tasks: Support the Head of Compliance with monitoring and advisory services in a dynamic banking environment.
- Company: Join an international bank committed to regulatory excellence and continuous improvement.
- Benefits: Enjoy a competitive day rate of £500 and the opportunity to work in vibrant London.
- Why this job: Be part of a proactive team that values compliance knowledge and drives positive change.
- Qualifications: In-depth FCA regulatory knowledge and experience in compliance or audit roles are essential.
- Other info: This is a 6-month contract role, perfect for those looking to make an impact.
The predicted salary is between 36000 - 60000 £ per year.
Rev & Regs are recruiting for a Compliance Manager for an 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
Contract Compliance Manager employer: Rev & Regs
Contact Detail:
Rev & Regs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Contract Compliance Manager
✨Tip Number 1
Familiarise yourself with the latest FCA regulations, especially the Consumer Duty. This will not only help you in interviews but also demonstrate your proactive approach to compliance.
✨Tip Number 2
Network with professionals in the compliance field, particularly those working in banking or financial services. Attend industry events or webinars to make connections that could lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've implemented compliance monitoring frameworks in previous roles. Highlight your ability to drive continuous improvement and align with regulatory standards.
✨Tip Number 4
Stay updated on current trends and issues in compliance by following relevant news sources and publications. This knowledge can be a great conversation starter during interviews and shows your commitment to the field.
We think you need these skills to ace Contract Compliance Manager
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and required skills. Tailor your application to highlight your relevant experience in compliance, particularly within banking or financial services.
Highlight Regulatory Knowledge: Emphasise your in-depth knowledge of FCA regulations, especially the FCA Consumer Duty. Provide specific examples of how you've applied this knowledge in previous roles to demonstrate your expertise.
Showcase Compliance Monitoring Experience: Detail your experience in planning and executing compliance monitoring activities. Use quantifiable achievements to illustrate your effectiveness in this area, such as improvements made or issues resolved.
Craft a Strong Cover Letter: Write a compelling cover letter that connects your skills and experiences directly to the job requirements. Mention your organisational and stakeholder management skills, and express your enthusiasm for contributing to the bank's compliance efforts.
How to prepare for a job interview at Rev & Regs
✨Know Your Regulations
Make sure you have a solid understanding of FCA regulations, especially the FCA Consumer Duty. Brush up on recent changes and be ready to discuss how they impact compliance practices.
✨Showcase Your Experience
Prepare to share specific examples from your past roles where you've successfully implemented compliance monitoring activities. Highlight any improvements you made and the outcomes achieved.
✨Demonstrate Stakeholder Management Skills
Be ready to discuss how you've effectively managed relationships with various stakeholders in previous positions. Use examples that showcase your organisational skills and ability to communicate complex regulatory information clearly.
✨Ask Insightful Questions
Prepare thoughtful questions about the bank's compliance culture and how they approach regulatory challenges. This shows your genuine interest in the role and helps you assess if it's the right fit for you.