Conduct Monitoring and Testing thematic and periodic reviews as per the timescales outlined in the Compliance Monitoring and Testing plan.
Conduct 'end to end' Monitoring and Testing reviews and produce reports with issues and actions agreed with the relevant stakeholders.
Update the Monitoring and Testing Action Tracker, ensure action completion by the action owners and document suitable evidence of action closure.
Complete Horizon Scanning, as per the Compliance Rota system, through the monitoring of regulations and regulatory change as well as industry best practice and updating the Horizon Scanning tracker as appropriate.
Ascertain the regulatory consultations and other publications with direct relevance or of material newsworthy interest and communicate these to the Senior Manager, Monitoring, Testing and Governance as appropriate.
Actions identified through horizon scanning and Briefing Notes will need to be communicated with the relevant business area/stakeholder as agreed with the Senior Compliance Manager, Monitoring, Testing and Governance, and tracked until completion. Updates on these actions will need to be communicated within the CARMCO Pack.
Undertake traceability reviews on new regulations affecting the Bank where required, as tasked by the Senior Manager, Monitoring, Testing and Governance.
Assist the Senior Manager, Monitoring, Testing and Governance in completing the monthly Compliance Committee and quarterly Board Audit Risk and Assurance Committee packs, which includes obtaining the necessary MI and commentary from stakeholders.
Maintain the Compliance Policy register and update Compliance Policies where required.
Maintain the Compliance Risk Registers in relation to Personal Account Dealing, Gifts and Entertainment and Waivers and Dispensations if allocated by the Senior Manager, Monitoring, Testing and Governance, and provide secondary support to cover annual leave, sickness and following handover, where required.
Act as liaison with FBNL Compliance, managing collation and completion of the monthly Compliance Certificate and responding to ad hoc requests.
Co-ordinate completion of non-prudential regulatory reporting from the relevant business areas and saving in draft for the Senior Manager, Monitoring, Testing and Governance to validate before submission onto the FCA Gabriel platform. (GABRIEL outlines the report types and times of execution required).
Assist the Senior Manager, Monitoring, Testing and Governance and Head of Compliance/MLRO with ad-hoc projects or tasks when requested to do so.
Support the Compliance team, with the delivery of the bank's vision for compliance and complement the actions of the other team members de-risking the bank and in striving to make the department cross functional.
To periodically support the Compliance team in managing financial crime risk, by providing 2nd line advisory support.
Provide advisory support to the business on conduct related matters where required
Contribute to team and department meetings as required and assist the Senior Manager, Monitoring, Testing and Governance in forward thinking to improve processes and procedures.