Regulatory Risk & Compliance Lead (Banking)

London  ‐ Onsite
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Regulatory Risk & Compliance Lead (Banking)

We have an immediate opening for Regulatory Risk & Compliance Lead (Banking) role in London, UK

Please find the job description given below.

Role: Regulatory Risk & Compliance Lead (Banking

Duration: 4 Months

Location: London, UK

To support the Regulatory Risk and Compliance Lead in Topaz' oversight of HML's management of the Topaz mortgage book, in line with Topaz policy and standards, and regulatory requirements and expectations.

Compliance Monitoring

n  Conduct regular thematic reviews of HML operations and customer cases.
n  Conduct full review of complex/exceptional cases, including litigation cases, to consider:
-        HML activities on case;
-        Adherence to Topaz policy;
-        Regulatory compliance;
-        Effectiveness.

Risk and Controls

  • Review HML internal audit reports and results of HML internal QA.
  • Report and discuss the results of case reviews, complaints root cause analysis and HML internal audit reports and QA to the Regulatory Risk and Compliance Lead.
  • Identify risks with operation of Topaz and HML.
  • Escalate any issues identified to the Regulatory Risk and Compliance Lead.
  • Complete Compliance Reporting MI summary page.
  • Policy

  • Conduct regular reviews of Topaz policy (at least annually).
  • Understand and interpret Topaz policies and regulatory requirements.
  • Understand end to end arrears/enforcement process.
  • Conduct root cause analysis of the policy complaints.
  • Complaints

  • Conduct root cause analysis of policy complaints.
  • Conduct full review of complaint referral cases from HML and a sample of reportable/non-reportable compliant cases.
  • Strategy

  • Produce Topaz' risk profile monthly prior to Risk and Compliance committee and measure against Topaz' stated risk appetite and risk tolerance.
  • Compare risk profile to Topaz stated risk appetite and tolerance.
  • n  Build relationships with HML Compliance.

    > 3 years FS regulation experience - Thoroughness

    > 5 years file reviews experience  - Prior experience of root cause analysis

    Start date
    ASAP
    Duration
    4 months
    From
    DigiTech IS Ltd
    Published at
    05.07.2014
    Project ID:
    737609
    Contract type
    Freelance
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