Sterling Williams are supporting a well established Capital Markets business in the City of London who are looking to grow their Compliance Testing function on a permanent basis.
This would suit candidates from an Internal Audit background (Consultancy/big-4/Bank) or in Compliance Monitoring, or Internal Controls position.
Compliance Testing Manager - 2nd line of defence
Permanent; full time (8.30am - 5pm)
City of London based - hybrid working (4 days initially, then 3:2 working pattern)
Salary circa £70 - 80,000 pa plus benefits
Role purpose is to lead and deliver independent Compliance Testing for the London business, providing objective assurance over regulatory compliance and the effectiveness of internal controls.
Key accountabilities
- Creates the annual Test Plan for London taking into account the Business priorities, strategy and control environment
- Own, design, and execute the London Compliance Testing Plan
- Independently issues Compliance Testing reports, thematic insights, and related assurance outputs.
- Escalate material findings, themes, emerging risks through Management Information (MI) to the appropriate London Governance forums.
- Maintains effective Issue tracking, validation, and follow-up, in line with established Compliance Testing Standards and Issue management processes.
- Ensure Compliance Testing activities remain independent of first-line management, with no involvement in operational decision-making or control ownership.
Reporting & Independence
- Reports locally to the London Head of Compliance and COO, who retain management oversight and accountability.
- Maintains a dotted-line relationship to the non-UK, Head of Compliance Testing for standards alignment, methodology consistency, and testing-related guidance.
- Has no involvement in first-line decision-making, operational activities, or ownership of controls, thereby preserving second-line independence.
Professional qualifications and experience
- Preferably holds a CIA, CISA, or CPA qualification (or equivalent professional qualification).
- Minimum 8 years of experience in Compliance Testing, Internal Audit, or a comparable second-line assurance function within financial services (Banking/Insurance/Asset Management)
Compliance Testing / Assurance Manager - Internal Audit in London employer: Sterling Williams LTD Careers
Join a leading investment management company in London that values operational excellence and employee growth. With a hybrid working model, competitive salary, and a culture that fosters collaboration and continuous improvement, this role offers you the chance to make a meaningful impact while developing your skills in corporate actions and securities data management. Enjoy the benefits of strong stakeholder relationships and a supportive environment that encourages innovation and efficiency.
Contact Details:
Sterling Williams LTD Careers Recruitment Team
