At a Glance
- Tasks: Support compliance through monitoring and reporting, ensuring adherence to regulations.
- Company: Global corporate banking group located in the vibrant West End.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work with a collaborative team and grow your career.
- Why this job: Join a pivotal role in shaping compliance culture and making a real impact.
- Qualifications: Experience in compliance roles with strong communication and analytical skills.
The predicted salary is between 50000 - 60000 £ per year.
THE COMPANY: Our client is a global corporate banking group with offices based in the West End. They are looking to hire a Compliance Officer to play a pivotal role in supporting the business through the delivery of second line monitoring.
THE RESPONSIBILITIES:
- Contributing to the development and execution of the annual Compliance Monitoring Programme (‘CMP’), testing compliance against FCA and PRA.
- Conducting second line of defence monitoring reviews as detailed within the CMP, including the scoping, planning, testing and reporting.
- Liaising with stakeholders for each review allocated in order to facilitate the necessary access to people, systems and records to enable testing to be conducted in a timely manner.
- Discussing with the business where actions are required to enhance processes, procedures, practices and controls to ensure the firm remains compliant.
- Review surveillance output, including conducting surveillance analysis of trading activity, e-comms and voice.
- Prepare regular, timely, relevant and concise reporting on the findings for management and relevant oversight committees.
- Monitor actions arising from the compliance monitoring activities to their conclusion, ensuring that the business has taken all action required of them to mitigate further issues.
- Identify and escalate any significant regulatory issues to the Head of Compliance & MLRO.
- Assisting in the development and maintenance of Compliance desktop procedures.
- Promoting a strong compliance culture within the Business.
- Supporting the wider compliance team and undertake ad hoc projects as required.
EXPERIENCE REQUIRED:
- Must have generalist experience in a compliance role or has worked in a UK regulated firm with experience of conducting second line monitoring activities (ideally corporate and wholesale banking background).
- You will be able to demonstrate a comprehensive understanding of regulatory and/or compliance matters.
- Proven experience in a role engaged in a regulatory environment that involved translating rules and principles into practical monitoring of the business.
- Ability to assess the impact and relevance of issues and articulate them in a clear and precise manner.
- Strong communication skills with the ability to work as part of a small team, strong attention to detail and a willingness to learn and develop skillset.
- Ability to build strong and effective working relationships with stakeholders at all levels.
- Working knowledge of third-party vendor systems (i.e. Bloomberg, ISS LiquidMetrix).
Compliance Officer (Generalist) employer: Compliance Professionals
As a global corporate banking group located in the vibrant West End, our client offers an exceptional work environment that fosters professional growth and development. Employees benefit from a strong compliance culture, competitive remuneration, and opportunities to engage with diverse regulatory frameworks, all while being part of a collaborative team dedicated to excellence. The company prioritises employee well-being and provides a platform for meaningful contributions to the business's success.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Officer (Generalist)
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Compliance Professionals looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Officer (Generalist)
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Compliance Professionals. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Compliance Professionals
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Compliance Professionals’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
