At a Glance
- Tasks: Lead compliance reviews and ensure regulatory requirements are met while supporting business growth.
- Company: Join a dynamic financial services firm focused on building a strong compliance culture.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional development.
- Other info: Collaborative environment with excellent career advancement opportunities.
- Why this job: Make a real impact by shaping compliance practices in a growing organisation.
- Qualifications: Experience in compliance monitoring and strong knowledge of FCA regulations required.
The predicted salary is between 60000 - 75000 £ per year.
Location: London (Oxford Circus) Hybrid: 2 days per week in the office
We are seeking an experienced, collaborative and pragmatic Compliance Monitoring Lead looking to rise to a new challenge. A highly motivated professional able to take ownership of the Compliance Monitoring Plan, supporting the business with understanding regulatory compliance requirements. Reporting directly to the Chief Compliance Officer, this is an exciting opportunity to be a part of building our Compliance function and culture from the ground up.
How you'll make an impact:
- Leading Compliance Monitoring reviews to assess the effectiveness of Conduct & Compliance Risk management across the business, including controls, processes and client outcomes.
- Scoping, testing and reporting of Compliance Monitoring reviews, including effective stakeholder management and delivery of insightful and impactful assurance findings.
- Creation and execution of the annual Compliance Monitoring Plan and ownership of the Compliance Monitoring methodology.
- Tracking and closure validation of issues and actions identified through Compliance Monitoring reviews.
- Challenging policies and procedures to ensure that we’re providing great client outcomes and meeting regulatory requirements.
- Providing subject matter expertise to strengthen the Compliance function and to support safe business growth.
- Supporting with day to day central compliance procedural activities, including horizon scanning, gifts and entertainment, personal account dealing, conflicts of interest.
- Building and maintaining effective and constructive relationships with key business and functional stakeholders, including product and operations teams.
- Contribute to the strategic direction of the Compliance function and promote the culture and practice of compliance within Monument through training, coaching and constructively challenging first line colleagues.
- Supporting the Chief Compliance Officer in collating meaningful and accurate internal and external compliance reporting and MI, including for Executive and Board Committees.
Qualifications:
- Significant experience of leading Compliance Monitoring or assurance reviews and plans within a regulated financial services environment.
- Strong knowledge and practical experience of controls testing and assurance methodologies.
- In-depth and practical working knowledge of the FCA Handbook relating to retail banking is essential, particularly Consumer Duty, BCOBS, COBS, CONC, SYSC and DISP, as well as AML regulations.
- You’re able to quickly and accurately interpret regulatory requirements, consultations and publications.
- Highly motivated individual, possessing excellent analytical skills and capable of working on own initiative and taking ownership of Compliance Monitoring.
- Good knowledge of broad banking compliance, particularly related to unregulated secured lending and deposit taking and/or good knowledge and experience of AML, sanctions, fraud and anti-bribery and corruption as relevant to a UK-based Bank.
- Strong stakeholder and relationship management skills, collaborative and team player with the ability to challenge constructively and collaboratively.
- Accountable for own decisions and actions whilst respectful of the professional responsibilities of others.
- Sound knowledge of best practice compliance frameworks, policies and methodologies.
- Experience of applying risk-assessment methodology, preferably in a compliance or financial crime environment.
- Strong report and policy/procedure writing experience.
- Knowledge of data protection/willingness to develop in this area.
- Experience with FinTech and Data Analytics is desirable.
Compliance Monitoring Lead employer: 慨正橡扯
At our London (Oxford Circus) office, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As a Compliance Monitoring Lead, you will not only play a pivotal role in shaping our compliance function but also benefit from a hybrid working model that promotes work-life balance. We are committed to your professional growth, offering continuous learning opportunities and the chance to collaborate with a diverse team of experts dedicated to delivering exceptional client outcomes.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Monitoring Lead
✨Tip Number 1
Network like a pro! Reach out to your connections in the compliance field and let them know you're on the lookout for new opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the FCA Handbook and recent regulatory changes. Being able to discuss these topics confidently will show potential employers that you’re not just knowledgeable, but also passionate about compliance.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds and shows your enthusiasm.
✨Tip Number 4
Apply through our website! We’ve got a range of exciting roles, including Compliance Monitoring Lead positions. Plus, it’s a great way to ensure your application gets the attention it deserves. Let’s get you that dream job!
We think you need these skills to ace Compliance Monitoring Lead
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compliance Monitoring Lead role. Highlight your experience in leading compliance reviews and your knowledge of the FCA Handbook. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance and how you can contribute to our team. Be sure to mention specific experiences that demonstrate your ability to manage compliance effectively.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, make sure to include examples of how you've used these skills in past roles. Whether it's through compliance monitoring or risk assessment, we want to see your thought process in action!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at 慨正橡扯
✨Know Your Regulations
Make sure you brush up on the FCA Handbook and key regulations like Consumer Duty and AML. Being able to discuss these confidently will show that you’re not just familiar with compliance but that you can apply this knowledge practically.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've led Compliance Monitoring reviews or managed stakeholder relationships. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your impact.
✨Demonstrate Analytical Skills
Be ready to discuss how you approach problem-solving and analysis in compliance scenarios. Think of a time when you identified a compliance issue and how you resolved it. This will illustrate your analytical capabilities and ownership of compliance challenges.
✨Engage with Stakeholders
Since relationship management is key for this role, prepare to talk about how you’ve built effective working relationships in the past. Consider discussing how you’ve collaborated with different teams to enhance compliance culture and practices.
