Compliance Testing Avp

Recruiter
Randstad Financial Services
Location
London, UK
Salary
Competitive
Posted
19 Sep 2019
Closes
29 Sep 2019
Ref
1269306974
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Main Purpose of the Role : To contribute to the overall success of Compliance Assurance & Testing and its objectives by delivering a risk based programme of second line compliance for the bank's EMEA region. The role includes support of both the Global Head Offices' assurance programmes and EMEA based testing which may also include opportunities to travel to offices located within EMEA. The role may also involve ad-hoc investigations, projects and thematic reviews. You may also be asked to support wider initiatives and undertake other tasks and responsibilities. Key Responsibilities: In this role, you will be responsible for the compliance assurance and testing programme across the banking arm and securities business under a dual-hat arrangement. Under this arrangement, you will act and make decisions on behalf of both the bank and the securities business, subject to the same remit and level of authority, and irrespective of the entity which employs you. You will be expected to contribute to the overall compliance assurance and monitoring framework by: * Applying experience as an SME to conduct risk based reviews and deep dives of the London business areas to provide assurance over compliance risk to key stakeholders * Scoping reviews and developing test programmes for the business areas and assisting in the creation of the Annual Assurance Plan * Performing electronic and audio communcications monitoring to identify and investigate market abuse and general compliance breaches by London based staff * Managing and taking ownership of the remediation of compliance issues identified * Regularly meeting with and engaging with key business stakeholders in order to indetify key risk areas and refresh the annual risk assessment on a periodic basis * Actively participating in current CA&T projects such as data analystics and e-comms framework implementation ion EMEA * Providing support to both the Bank and Securities Global Head Offices and the EMEA testing programmes * Working in collaboration with the First Line to support their assurance programm * Providing MI for Management meetings and Head Office requests and being able to clearly understand and explain how an identified issue increases risk for the Bank * Performing ad-hoc investigations where required * Coaching, supporting and training junior members of the team Direct Reports: None * You will be expected to perform your responsibilities under the supervision of and reporting to a line manager. You will be expected to ensure that your line manager is fully aware at all times of your activities and to escalate any issues to the line manager or the Head of Department . Skills and Experience: Functional / Technical Competencies * Excellent Excel skills * Strong understanding of Banking risks and regulations * SME in markets business desirable * Strong relationship management skills, as well as communication (written and oral) with senior stakeholders * Effective time management skills, with the ability to produce high quality output and meet tight deadlines * Problem solving, analysis and reporting skills * Ability to exercise sound judgement, balance risk and practicality to determine appropriate actions/ solutions * Ability to scope reviews, create test scripts and review the work of others * Strong compliance testing or auditing experience required * Broad understanding of the FCA Handbooks, Regulatory approaches & OFAC Standards * Excellent presentation and interpersonal skills - ability to communicate clearly and concisely both in person and in writing Experience Essential: * Experience in a Compliance Assurance and testing function Education / Qualifications * Degree level * Relevant industry qualifications relating to Compliance preferred, e.g. CISI Behavioural Competencies * Attention to detail * Has practical ideas and makes recommendations that challenge current practice * Takes a solution focused approach to promote continuous improvement * Incorporates new behaviours and changes quickly to serve as a role model to others * Fully supports a 'best practice' environment Personal Requirements: * Excellent communication skills * Results driven, with a strong sense of accountability * A proactive, motivated approach. * The ability to operate with urgency and prioritise work accordingly * Strong decision making skills with the ability to demonstrate sound judgement * A structured and logical approach to work * Strong problem solving skills * A creative and innovative approach to work * Excellent interpersonal skills * The ability to manage large workloads and tight deadlines * Excellent attention to detail and accuracy * A calm approach, with the ability to perform well in a pressurised environment * Excellent Microsoft Office * A confident approach, with the ability to provide clear direction to others in the team * A strategic approach, with the ability to lead and motivate those within your team * The ability to articulate and implement the vision/st

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