"Compliance Officer"

Job Description

Rarely do jobs come onto the employment market that offer a entry level role into a compliance position along with a superb benefits package (including paid learning) along with the flexibility of home working. This is a fantastic opportunity for someonewith 2/3 years + compliance experience to really make their mark with my client who are a Bank based in South Wales.Role PurposeThe Bank are recruiting for a "Second Line Compliance Officer" to assist the Second Line Compliance Manager in assessing the banks ongoing regulatory requirments and ensuing that a robust compliance culture is in place within the bank by implementing aneffective compliance assurance plan; clear policies, and ongoing advice and support.ResponsibilitiesBusiness & Regulatory Change

• To review, update and maintain second line compliance policies and procedures to ensure that they reflect current regulatory requirements and are communicated clearly to all staff.
• To keep up to date with all regulatory and industry best practice developments and changes to appropriately support and inform the business of the necessary change.
• To monitor all aspects of the business regulatory obligations and adherence to these through the effective delivery and completion of the Compliance Assurance Plan (CAP).

Business Advice / Support

• To support and influence colleagues in relation to their direct compliance responsibilitie
• To provide guidance on regulation and key policy controls to ensure that the Bank are doing the right thing and consistently treating customers fairly.
• To work with others to identify areas for improvement and simplify processes to use fewer resources and add greater value as well as be flexible to changing priorities.

Decision Making

• To respond quickly and appropriately to warning signs of things going wrong and provide a decisive response to challenges.
• To promote accountable behaviour understanding own level of responsibility and empowering others to make decisions where appropriate.
• To display confidence when making difficult decisions even if unpopular or prove difficult and are able to clearly articulate the rationale to the business.
• To analyse and use a range of relevant, credible information from internal and external sources to support decisions and invite challenge and involve others in decision making to help build engagement.

Training

• To assist with the coordination of mandatory compliance training, ensuring that appropriate training is provided in a timely fashion, as well as maintaining accurate records of training provided and the results of that training.
• To play an active part in the delivery and promotion of all Compliance Awareness training to all Bank staff.
• To provide support to the Compliance Manager and HR function, with the administration of the Senior Management & Certification Regime (SM&CR).

Reporting

• To collate, analyse and prepare compliance data for Internal Board committees and following up on any issues identified.
• To assist as required with the co-ordination and preparation of relevant regulatory data returns to the PRA and FCA, ensuring that they are complete, accurate and submitted on time.

General

• To work proactively and well with the business and team to ensure they are clear about the impacts of poor service and communication on the customer.
• To maintain professional competence though life-long learning by constantly keeping up-to-date with developments and trends affecting the Bank and improving personal and professional knowledge and skills.
• To maintain a good knowledge and understanding of all relevant groupwide and departmental policies and procedures relevant to the role, being compliant with these policies and procedures at all times. These include Data Protection, FCA/PRA and Money Launderingas examples.
• To report to the Compliance Manager any areas of non-compliance that are identified in the course of day-to-day duties.
• To assist the Compliance Manager in promoting good governance practices within the Bank and to undertake any other reasonable tasks as and when requested by management this includes the Money Laundering Reporting Officer.
• Develop and maintain an up-to-date knowledge of Compliance & Risk regulatory and legislative information related to Group products and services (e.g. PRA/FCA rules, Data Protection, Money Laundering, etc.), as advised by line management.
• Support the risk culture of the organisation by taking personal responsibility for identifying and managing risks in everything you do.

The benefits package includes; Pension, Private Medical Cover, Death in Service, Flu vaccine, Funded eye care as well as flexible benefits which include an opportunity to purchase additional holiday days. This role will be home working with a requirementto attend Head Office in Cardiff at least twice a month so any suitable applicants must be able to travel to Cardiff.The interview process will be two stage and will be conducted online. Interview commence W/c 19th July 2021

Keyskills :
ComplianceRegulatory RequirementsRisk