Compliance Manager

Job type:
Start date:
6 months
MC Partners Ltd
Published at:
flag_no United Kingdom
Project ID:

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Leading corporate bank is currently on a journey to rebuild a bank that is safe and sustainable. By undergoing programme work within the regulatory risk function my client is proactively de-risking the business. This is an exciting time to join the risk management function because the function has 100% backing from the CEO and to date the group has made significant progress and delivered on all commitments to reduce risk. However, there remains much to do and they require a number of interim compliance managers to fulfil generalist compliance responsibilities.


-Your primary role will be to identify regulatory risks within the compliance division of the corporate bank.
-Managing key stakeholder relationships at Senior Management level
-Provide timely and accurate written and/or verbal guidance in relation to compliance matters for the businesses set out above, consulting and liaising with the Senior Compliance Manager, senior and executive business management as necessary.
-Assess new products, process and organisational changes in the above businesses to evaluate and advise upon the potential or actual compliance impact.
-Prepare the businesses for new financial services regulation, to help to ensure that they comply by the time of its implementation.
-Analyse relevant compliance indicators, eg in connection with the FSA's Treating Customers Fairly initiative, to assess performance and behaviour, drawing conclusions regarding, and querying, where necessary, identified trends.
-Design and deliver training presentations in the businesses to increase awareness of compliance issues.
-Help to support executive and senior management through regulatory visits, such as the FSA's ARROW programme.
-Implement and maintain an assurance framework to ensure that the businesses comply with all compliance-related Group policies.
-Provide compliance input and direction to senior management, Risk and relevant divisional and Group committees in relation to the businesses.
-Attend business boards and committees where appropriate.

Person Specification:

-Thorough overall knowledge of the regulatory environment pertaining to large, complex financial service organisations and specifically to corporate (wholesale) banking.
-Financial service experience involving management positions in a financial services organisation.
-Thorough, working knowledge of the UK regulatory regime, with particular emphasis on the Consumer Credit Act regulations, the FSA's Banking Conduct of Business Rules and Insurance Conduct of Business Rules, and the Payments Services Regulations.

Please contact Claire Smith at MC Partners for a confidential discussion.