Compliance Monitoring Contractor

Role Overview:

The Compliance Monitoring Contractor will be responsible for executing the firm’s compliance monitoring programme, conducting thematic reviews, and identifying areas for regulatory improvement. This role is critical in ensuring the firm operates within the FCA/PRA regulatory framework and maintains best practices across its private banking, investment, and wealth management activities.

Key Responsibilities:

• Assist in the design, execution, and enhancement of the Compliance Monitoring Plan (CMP) in line with regulatory expectations and business needs.
• Conduct thematic, periodic, and ad hoc compliance reviews across various business functions, including investment management, private banking, and wealth services.
• Identify regulatory risks, assess control effectiveness, and provide recommendations for remediation.
• Prepare detailed reports on monitoring activities, highlighting key findings and working with stakeholders to implement corrective actions.
• Track and follow up on remedial actions to ensure compliance risks are addressed in a timely manner.
• Monitor regulatory developments and assess their impact on the firm’s compliance framework.
• Support the business in interpreting and applying compliance policies, including FCA/PRA rules and guidelines.
• Engage with key stakeholders across compliance, risk, operations, front office, and audit to enhance the compliance culture within the organisation.
• Contribute to regulatory reporting, governance committees, and internal compliance training initiatives.