Description
Compliance Consultant - Derivatives
We are currently looking for a compliance consultant to partner to the Derivative Market Regulation Programme which covers EMIR and Dodd Frank regulations. We are looking for a compliance consultant to provide dedicated support and advice to the business and the project.
Compliance Consultant responsibilities:
- Construction of an effective regulatory framework that includes governance arrangements, policies, procedures and other relevant controls, all of which needs to be in place in order to maintain the bank's on-going compliance.
- Design and implement a BAU advisory framework to ensure that those functional areas which support Commercial Banking are, where appropriate, subject to Commercial Banking specific Compliance & Conduct policies.
- Interpreting regulatory requirements in a timely manner and feeding key issues back to the project team;
- To challenge, refine and apply legal and industry opinions and provide timely interpretation for the Project;
- Actively work with the Projects at all times to ensure that their concerns are promptly responded to and resolved.
- Working closely with both CB Advisory Compliance and Project Stakeholders to ensure clear, consistent and continuous communications are maintained on all matters relating to project management.
Compliance Consultant Skills/Experience:
- Deep technical knowledge of EMIR and Dodd Frank Title VII requirements, with particular reference to their application to UK Commercial Banking products and service.
- Demonstrable strong regulatory compliance experience, ideally with a background of at least 10 years in interpreting and practically implementing regulatory requirements;
- Knowledge and experience must include wholesale products and services together with a good understanding of how a international wholesale bank operates.
- Willing to work under dual reporting lines.
- Ability to communicate effectively and engage with stakeholders including Senior Executives, Front Office and Infrastructure/Support individuals.