Regulatory Change Specialist in Belfast

12m contract Belfast, UK (3 days onsite, 2 days WFH)

Key Responsibilities:

• Work within a team of 1LOD NFR Regulatory Management specialists to proactively identify, monitor, and assess compliance risks associated with Laws, Rules, and Regulations (LRRs) from local, regional, and global regulatory sources.
• Support and contribute to the Regulatory mapping and applicability process, ensuring accurate and timely determination of regulatory obligation applicability.
• Lead the comprehensive impact assessments of new or revised LRRs, evaluating implications on business operations, processes, controls, systems, and risk profiles. Collaborate with business stakeholders and NFR subject matter experts to assess regulatory impact effectively.
• Participate actively in the annual Horizontal Review Regulatory Architecture program, contributing to assessments of regulatory compliance and identifying gaps, themes, and improvement opportunities.
• Drive the execution of controls related to regulatory compliance, ensuring alignment with the Organization's policies, standards, and procedures under the Compliance Risk Management Framework.
• Actively contribute to risk identification, assessment, and reporting activities.
• Execute and maintain an aggregated view of the NFR compliance risk profile, including assessment of impact in support of strategic and operating goals.
• Collaborate with relevant NFR specialists, SMEs, and first‐line functions to ensure comprehensive regulatory risk management.
• Participate in relevant working groups and forums to represent the 1LOD NFR Regulations Management Team.
• Partner closely with 2nd Line of Defense Risk, Compliance, and other functions to ensure a consistent and integrated approach to regulatory risk management.
• Contribute to driving awareness of the regulatory programs on regulatory change management and compliance best practices for business stakeholders.

Qualifications:

• Minimum of 8‐12 years of experience in Compliance or Operational risk management in the financial services industry.
• Proven experience in 1st Line of Defense roles with solid understanding of regulatory change management, impact assessment, and compliance risk frameworks.
• Ability to identify, measure, assess, and manage key regulatory and compliance risks and controls.
• Proven experience in implementing sustainable solutions, improving processes, and driving regulatory compliance initiatives.
• Strong knowledge of compliance laws, rules, regulations, and best practices applicable to the financial services industry.
• Understanding of Policies, Standards, and Procedures related to Non‐Financial Risk and regulatory compliance.
• Strong analytical skills to evaluate complex regulatory requirements, assess impact, and integrate data from diverse sources to produce comprehensive analytical outputs.
• Strong verbal and written communication skills, with a demonstrated ability to engage and influence at the senior management level.