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Compliance Monitoring Officer

  • Location

    Manchester

  • Discipline:

    Compliance

  • Job type:

    Permanent

  • Salary:

    £25,000 - £35,000

  • Consultant:

    #

  • Email:

    mayres@merje.com

  • Job ref:

    MA/14631

  • Published:

    5 months ago

Our client is a leading financial services’ business who are currently recruiting for a Compliance Monitoring Officer. The role will be responsible for ensuring that business activities are meeting industry and regulatory compliance standards.

Key Responsibilities:

  • Delivery of activities forming part of the Compliance Monitoring & Risk Assurance Plan in accordance with the team procedures and methodologies.
  • To support maintenance of the team procedures and methodologies (and to adopt best practice, efficiencies and economies of scale where appropriate).
  • To engage with Key Stakeholders to ensure that relevant regulatory and legislative risks to the business are identified, communicated and addressed during monitoring.
  • Interpret and apply relevant regulatory and legislative guidance to the business areas and provide pragmatic alternative solutions and support to the business where standards are deemed to be non-compliant.
  • To present findings and reports including suggestions for relevant remedial actions, in a clear, accurate and consistent manner.
  • To maintain appropriate and sufficient records to support and evidence the approach and outcomes of each monitoring and risk assurance activity.
  • To maintain and develop relationships with key business customers whilst retaining the independent status required of a monitoring and assurance function.
  • To escalate risks and issues to the Risk & Compliance Manager and / or Divisional Risk & Compliance Director as appropriate.

Key Requirements-        

  • Good experience in a risk assurance, compliance monitoring, operational risk or internal audit environment
  • Knowledge of financial services and relevant financial services’ regulation including
  • Knowledge of business continuity, information security and financial crime would be beneficial.