Regulatory Consultant

The co-operative bank
£29200.00 - £47600.00 per annum
09 Feb 2017
09 Mar 2017
Contract Type
Full Time

Regulatory Consultant

Transformation is happening everywhere at The Co-operative Bank. It's exciting. It's full of potential. And it's far from done. As a Regulatory Consultant, you'll be part of it all as you join an ethical bank that's changing everything. Well, almost. Our values and ethics have remained the same for almost 150 years. And they'll continue to drive our success, as we develop our Bank - as well as the people who'll help to shape it.

Key Responsibilities
To support the Conduct and Regulatory Risk Advice team in delivering expert advice and guidance to key stakeholders within the Bank. To , provide subject matter expertise and pragmatic independent guidance on FCA Handbook and changing regulations, resulting in an effective second line of defence to continue supporting a robust Risk Management Framework. Provide subject matter expertise regarding Regulatory Compliance and Conduct Risk to support regulatory change initiatives, and product/ process changes.

Knowledge, Skills & Experience Required:

  • Subject matter expert in regulatory requirements applicable to the financial services sector specifically retail and commercial banking - including FCA Handbook and other relevant regulations Examples include, BCOBS, ICOBS, MCOB, CONC, DISP, PSR, SYSC.,.

  • Familiarisation with PRA rules preferable but not essential.

  • Experience of 2 to 5 years in a compliance role providing advice and challenge to the Financial Sector for the relevant Handbooks and rules.

  • Understanding of conduct risk and its applicability to retail banking and its customers

  • Excellent communication, influencing and stakeholder management skills

  • Proven track record in the ability to manage regulatory and conduct risk, balancing good customer outcomes with commercial consideration

  • Positive behavioural style with the ability to be demanding when appropriate

  • Experience of providing timely and insightful advice and recommendations

  • Good understanding and proven experience of practical application of applicable regulatory requirements across all Banking products but with a primary focus on Everyday Banking and Payments

  • Ability to respond positively to change and act as a role model to others.

If you're inspired to join us, we're confident you're just the sort of Regulatory Consultant we're looking for. Someone who's as dedicated as we are about growing our bank in a complex world - ethically, responsibly and passionately. Achieving ambitions as big as ours won't be easy. But it's a challenge you'll thrive on as you enjoy career development, ongoing training and the rewards of helping to create a better future for our customers, communities and colleagues.