Specialist, Compliance Monitoring

JOB PURPOSE:

To work as part of the Compliance Assurance Team (CAT) on the annual risk-based Compliance Assurance Programme (CAP), to ensure that the businesses, functions, and other areas of FAB UK operate in accordance with local (and wider, where relevant) rules and regulations.

KEY ACCOUNTABILITIES:

Work within the Compliance Assurance Team, supporting the Regional Head of Compliance, Europe to carry out their responsibilities as SMF16, in particular with respect to:

• Compliance risk assessments.
• Compliance Assurance Programme (CAP).
• Co-ordination of Compliance RCSA.
• Internal reporting.
• Incident and issue management
• Managing and responding to internal and external audits
• Assist in undertaking the regulatory risk assessment process which will drive a risk-based CAP;
• Assist in the creation of a risk based and proportionate CAP and develop Compliance Assurance procedures, test scripts and other relevant monitoring and testing templates;
• Contribute to the planning, execution and reporting of CAP reviews in adherence with FAB UK Compliance Assurance procedures and Group Compliance assurance requirements;
• Track implementation of corrective actions agreed with the business and undertake pre or post issue closure testing, when required;
• Maintain an open, transparent, and effective relationships with internal and external stakeholders, including FAB UK business areas, Group Compliance, Group Audit and UK regulators.

QUALIFICATIONS & EXPERIENCE:

• Preferably educated to degree level.
• Preferably with a relevant professional qualification (e.g. ICA, CISI, CAMS, IIA)Experience of working in banking
• 1-2 years’ experience of working in Compliance
• Familiarity with UK regulation
• Ability to work under pressure and to deadlines
• Good verbal and written communications
• Organised, independent and self-motivated
• Proactive, with the ability to generate ideas, think creatively and develop innovative solutions.
• Discreet, high levels of integrity and able to handle highly sensitive information with absolute confidentiality.