Specialist, Compliance Monitoring

Specialist, Compliance Monitoring

Slough Full-Time 36000 - 60000 £ / year (est.) No home office possible
F

At a Glance

  • Tasks: Join the Compliance Assurance Team to ensure compliance with regulations and manage audits.
  • Company: FAB UK is a leading bank committed to maintaining high compliance standards.
  • Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
  • Why this job: Be part of a team that values integrity and innovation while making a real impact.
  • Qualifications: Degree level education and 1-2 years in compliance or banking required.
  • Other info: Ideal for proactive individuals who thrive under pressure and value confidentiality.

The predicted salary is between 36000 - 60000 £ per year.

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.

    Specialist, Compliance Monitoring employer: First Abu Dhabi Bank (FAB)

    FAB UK is an exceptional employer that prioritises employee development and fosters a collaborative work culture within the Compliance Assurance Team. With a strong commitment to compliance and regulatory excellence, employees benefit from comprehensive training opportunities, a supportive environment, and the chance to engage with key stakeholders across the banking sector. Located in a vibrant city, FAB UK offers a dynamic workplace where innovative ideas are encouraged, making it an ideal choice for those seeking meaningful and rewarding careers in compliance.
    F

    Contact Detail:

    First Abu Dhabi Bank (FAB) Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Specialist, Compliance Monitoring

    ✨Tip Number 1

    Familiarise yourself with the latest UK regulations and compliance frameworks. This will not only help you understand the role better but also demonstrate your commitment to staying updated in the field.

    ✨Tip Number 2

    Network with professionals in the compliance sector, especially those who have experience in banking. Engaging in conversations can provide insights into the role and may even lead to referrals.

    ✨Tip Number 3

    Prepare for potential interviews by practising responses to common compliance-related scenarios. Being able to articulate your thought process in handling compliance issues will set you apart.

    ✨Tip Number 4

    Showcase your proactive approach by thinking of innovative solutions to common compliance challenges. Presenting these ideas during discussions can highlight your problem-solving skills and creativity.

    We think you need these skills to ace Specialist, Compliance Monitoring

    Compliance Risk Assessment
    Knowledge of UK Regulations
    Experience in Compliance Monitoring
    Incident and Issue Management
    Internal and External Audit Coordination
    Development of Compliance Assurance Procedures
    Testing and Monitoring Templates Creation
    Analytical Skills
    Strong Verbal and Written Communication
    Stakeholder Relationship Management
    Organisational Skills
    Ability to Work Under Pressure
    Proactive Problem-Solving
    Integrity and Confidentiality

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience in compliance and risk assessment. Emphasise any specific qualifications like ICA, CISI, or CAMS, and showcase your familiarity with UK regulations.

    Craft a Strong Cover Letter: In your cover letter, explain why you are passionate about compliance monitoring. Mention your ability to work under pressure and your proactive approach to problem-solving, as these are key attributes for the role.

    Highlight Relevant Experience: When detailing your work experience, focus on roles where you managed compliance tasks or participated in audits. Use specific examples to demonstrate your skills in handling sensitive information and maintaining stakeholder relationships.

    Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A well-presented application reflects your attention to detail, which is crucial in compliance roles.

    How to prepare for a job interview at First Abu Dhabi Bank (FAB)

    ✨Understand Compliance Regulations

    Make sure you have a solid grasp of UK regulations and compliance standards relevant to the banking sector. Familiarise yourself with key legislation and how it impacts the role, as this will demonstrate your commitment and knowledge during the interview.

    ✨Showcase Your Experience

    Be prepared to discuss your previous experience in compliance roles, particularly any specific projects or tasks that align with the responsibilities outlined in the job description. Highlight your contributions to compliance risk assessments and assurance programmes.

    ✨Demonstrate Problem-Solving Skills

    Think of examples where you've had to develop innovative solutions to compliance issues. Be ready to explain your thought process and how you approached these challenges, as this will showcase your proactive nature and ability to think creatively.

    ✨Communicate Effectively

    Since the role requires maintaining relationships with various stakeholders, practice articulating your thoughts clearly and concisely. Prepare to discuss how you would handle sensitive information and ensure confidentiality, as this is crucial in compliance roles.

    Specialist, Compliance Monitoring
    First Abu Dhabi Bank (FAB)
    F
    Similar positions in other companies
    UK’s top job board for Gen Z
    discover-jobs-cta
    Discover now
    >