Compliance Monitoring Analyst

Compliance Monitoring Analyst

Our client, a City based start-up Bank are looking to recruit a Compliance Monitoring Analyst to join their expanding Risk & Compliance department.

Main responsibilities will include;

* Determine scope and approach of monitoring, testing and surveillance reviews.
* Conduct fieldwork in line with the agreed test programme and adequately document tests and findings.
* Develop recommendations for corrective action.
* Write reports that present review results, articulate the rationale for findings, the risks posed and actions required to address those risks.
* Continue to educate the business on the role of the Compliance team.
* Support the Head of Risk and Compliance in researching and understanding changes to the legal and regulatory financial services regime that are pertinent to the Bank.
* Review and maintenance of policies and procedures to ensure compliance with applicable regulations.
* Assisting in company secretarial duties with respect to committees and papers.
* Provide advisory with respect to compliance matters.
* Support the delivery of Compliance Training to the business, including senior management.
* Support ad hoc compliance and regulatory projects as necessary.
* Provide support to the MLRO with respect to managing SARs, fraud investigations, PEPs & sanctions screening, and CDD/AML monitoring reviews, within the second line function.
* Provide support to the DPO with respect to GDPR monitoring and reporting within the second line.
* Assist with reviews, reports, metrics, and enhancements with respect to TCF and Conduct Risk.
* Work closely with legal and documentation functions and other colleagues as required.
* Support coaching of other compliance staff.

To be considered for this opportunity, ideal candidates must have the following experience & skills;

* Degree level education.
* A minimum of 5 years’ asset finance or retail banking experience.
* Monitoring or policy experience in COBS/BCOBS/SYSC/CONC/DISP.
* Thorough understating of arrears, defaults, recovery, forbearance, responsible lending, TCF, and complaints handling.
* Good understanding of conduct risks.
* Some understanding of financial crime risks.
* Good understanding of regulations and risks affecting the Bank.
* Working knowledge of financial regulation in relation to FCA handbooks.
* Ability to influence positive outcomes.
* Ability to balance regulatory and conduct risks with the needs of a commercial organisation, while maintaining a clear level of independence and challenge.
* Strong organisational and effective time management skills.
* Strong investigative and analytical skills.

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