The Compliance Monitoring Analyst will have involvement in the management of the Compliance Risk and execution of the Compliance Monitoring and Testing Program.
The Compliance Monitoring Analyst will ensure the Monitoring program stays relevant to and in line with regulatory changes. Additionally providing support to other members of the Compliance department when required.
Assist in monitoring, testing and assessing the adequacy and effectiveness of the measures and compliance procedures put in place relating to overall compliance and regulatory risk and AML risk.
Reporting to the Head of Monitoring & Testing and ensuring that they are regularly advised regarding the results of monitoring and testing.
Investigate and report upon breaches of regulations and assist with remedial action
Assist staff with interpretation of rules and assist in development of a positive compliance culture.
Assist in maintaining standards of regulatory risk management and completion of compliance monitoring tasks.
Manage the completion of multiple simultaneous compliance monitoring reviews where required.
Providing output for monthly Senior Managers Compliance Committee and Risk Committee.
Assisting with inputting and submitting FCA registrations of all approved persons.
Assist with submissions of regulatory applications and compliance approvals.
Essential - 5 years’ experience of working in Compliance Department covering Monitoring of Private Banking (including transactions), Wealth Management / Investment Management, Trading for all clients.
Experience of producing compliance risk assessments.
Specialist in compliance monitoring and testing strongly preferred.