At a Glance
- Tasks: Support the Head of Compliance with advisory, monitoring, and risk frameworks.
- Company: Join a stable and culturally distinct foreign bank in London.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Other info: Experience in data protection, outsourcing risk, or SM&CR is a plus.
- Why this job: Make an impact in compliance while working in a supportive team culture.
- Qualifications: Five years of regulatory compliance experience in wholesale financial services required.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
London branch of this highly stable and distinctively cultured foreign bank seeks a Compliance Assurance Officer to support its Head of Compliance. This role spans compliance advisory, monitoring and risk frameworks, with a particular focus upon UK data protection, outsourcing/third party risk management and SM&CR. As such, duties encompass delivery of training to staff and the review of policy & procedures relating to these areas of focus. Candidates are sought with at least five years' regulatory compliance experience gained in a wholesale financial services setting, a significant portion of which should be within a small to medium sized commercial/corporate bank. Working regulatory knowledge of one or more of data protection, outsourcing/third party risk or SM&CR would prove advantageous.
Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk
Compliance Assurance Officer, Banking - Hays in London employer: Hays
Join a highly stable and culturally distinct foreign bank in London, where you will thrive in a supportive environment that values compliance excellence. With a strong emphasis on employee growth, this role offers opportunities for professional development through training delivery and policy review, all while working alongside experienced professionals in the banking sector. Enjoy a collaborative work culture that prioritises integrity and innovation, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Assurance Officer, Banking - Hays in London
✨Tip Number 1
Network with professionals in the banking and compliance sectors. Attend industry events or webinars to connect with people who work in similar roles, as they can provide insights and potentially refer you to opportunities.
✨Tip Number 2
Stay updated on the latest regulations and compliance trends, particularly those related to UK data protection and SM&CR. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Consider reaching out to current or former employees of the bank to gain insights into their culture and expectations. This can help you tailor your approach and show that you understand their specific needs.
✨Tip Number 4
Prepare for potential interview questions by practising how you would handle compliance scenarios relevant to the role. Being able to discuss real-life examples will showcase your experience and problem-solving skills effectively.
We think you need these skills to ace Compliance Assurance Officer, Banking - Hays in London
Some tips for your application 🫡
Understand the Role:Thoroughly read the job description for the Compliance Assurance Officer position. Make sure you understand the key responsibilities, such as compliance advisory and risk management, to tailor your application accordingly.
Highlight Relevant Experience:In your CV and cover letter, emphasise your regulatory compliance experience, particularly in wholesale financial services. Mention specific examples of your work related to UK data protection, outsourcing, or SM&CR to demonstrate your suitability for the role.
Showcase Training Skills:Since the role involves delivering training to staff, include any relevant experience you have in training or mentoring others. Highlight your ability to communicate complex compliance topics clearly and effectively.
Tailor Your Application:Customise your cover letter to reflect your understanding of the bank's culture and values. Mention why you are interested in working for this particular bank and how your skills align with their needs.
How to prepare for a job interview at Hays
✨Know Your Compliance Regulations
Make sure you have a solid understanding of UK data protection laws, outsourcing/third party risk management, and the Senior Managers and Certification Regime (SM&CR). Be prepared to discuss how these regulations impact the banking sector and provide examples from your past experience.
✨Demonstrate Your Training Skills
Since the role involves delivering training to staff, think about how you can showcase your ability to communicate complex compliance topics clearly. Prepare to share examples of training sessions you've conducted and the positive outcomes that resulted.
✨Highlight Relevant Experience
With at least five years of regulatory compliance experience required, be ready to discuss specific projects or initiatives you've led in a wholesale financial services setting. Focus on your contributions to compliance frameworks and any improvements you've implemented.
✨Prepare Questions for the Interviewers
Show your interest in the role and the bank by preparing thoughtful questions. Ask about their current compliance challenges, the team dynamics, or how they measure success in this position. This demonstrates your proactive approach and genuine interest in the company.
