Compliance Monitoring Manager

  • Location

    East Midlands

  • Discipline:


  • Job type:


  • Salary:

    Circa £40,000

  • Consultant:


  • Email:


  • Job ref:


  • Published:

    almost 3 years ago

Our client is a retail bank which provides financial services to small and medium-sized businesses.

We have an exciting opportunity for a Compliance Monitoring Manager to join the Group Risk division. Reporting to the Senior Compliance Monitoring Manager with responsibility for undertaking effective compliance monitoring, oversight activity and issues resolution, assisting in the formulation and delivery of the annual Compliance Monitoring Plan (CMP) and the development and delivery of timely and robust management information.

The role-

  • Assist in the formulation and delivery of the CMP
  • Continually develop the monitoring methodology to ensure it is in keeping with regulatory and business requirements
  • Plan, scope and execute agreed compliance monitoring activity in line with the CMP and the monitoring methodology
  • Where issues are identified, communicate and agree with stakeholders in a clear and professional manner any shortfalls, actions required and learning points
  • Provide accurate and timely monthly reporting
  • Undertake additional related duties as requested by manager
  • Support wider compliance team to deliver key objectives
  • Monitor all regulatory developments and ensure personal knowledge remains up to date
  • Assist in the administration, monitoring and maintenance of all relevant policies and procedures, and advise line management of the relevant regulatory requirements
  • Ensure effective liaison with Internal Audit, Operational Risk, Conduct Risk and Credit Risk, as and when required
  • Develop and maintain effective relationships with business stakeholders
  • Undertake other compliance related activities as directed by management
  • Actively support the development of the Compliance team as the business continues to evolve
  • Promote a robust conduct risk culture across the business

Key Requirements-    

  • Full knowledge of FCA handbooks, approach and objectives, working knowledge of other regulatory areas required e.g. Data Protection Act, JMLSG
  • Experience in producing Compliance Monitoring programmes
  • Experience of monitoring regulatory compliance matters across multiple business lines
  • Effective communication (written and verbal) skills are essential and must be accompanied by proven negotiation and influencing skills
  • Attention to detail, effective planning and organisational skills and demonstrable ability to work under own initiative is essential
  • Effective problem solving skills will also be required which must be allied to excellent internal and external relationship management skills

ICA Compliance Diploma or equivalent