Regulatory Engagement Officer

Job Description

Job IntroductionThe Compliance team is currently recruiting for a Regulatory Engagement Officer to support with the Banks engagement with, and notifications to, its regulators. The role holder will be working alongside and supporting the Banks leadership team, with a viewto: 1. ensuring robust, coordinated and effective regulatory engagement across the organisation 2. supporting the Banks approach to horizon scanning and regulatory change and, as required, recommending escalation to the appropriate management committee 3. supporting with the provision of an overview containing external regulatory developments and initiatives to the Banks senior leadership. The role will be based at 3 Thomas More Square, London. Occasional travel, both in the UK and Sweden, may be necessary. Main Responsibilities An exciting role has opened within the Compliance team to support the Banks regulatory engagement process. This is a key role which will require the successful candidate to work with the Banks senior leadership; consequently, excellent stakeholder management,communication (oral and written) and influencing skills are essential. The Bank is in frequent dialogue with its regulators, resulting in a constantly evolving range of commitments. The successful candidate will need support with the tracking of these commitments, as well as all material regulatory contact. The successful contactwill also support the delivery of necessary MI ahead of management meetings. The role holder will also be expected to work with colleagues on the Banks formal responses to regulatory consultations, discussion papers and other significant regulatory engagements. Key responsibilities:

• Building and maintaining Bank instructions and processes for regulatory communications, covering standard interactions and incidents.
• Working with the Banks senior leadership team to produce quality regulatory communications predominately, but not limited to, to our Prudential Regulator (notifications, responses to regulator queries, information requests etc.)
• Supporting the co-ordination of cross-cutting regulatory responses, tracking their passage to the regulators and providing advice where required.
• Supporting the delivery of internal reporting such as Board reports on regulatory engagement, notifications and key regulatory change / developments.
• Supporting with the facilitation of the horizon scanning and regulatory change forums, these forums contain a diverse audience from across the Bank.
• Briefing the Executive Team members ahead of meetings with the regulator. These will predominately be for our interactions with the PRA but the role holder may also be required to support briefings for other Bank regulators.
• Attending meetings with the regulator to capture detailed and accurate minutes, record and track commitments made during each meeting, and ensure outputs / areas of discussion are brought to the attention of the Banks senior leadership team.
• Supporting with the organisation of the standing regulatory engagement meetings, this may include,ensuring the regulatory engagement tracker which forms the basis of the meeting is updated, agendas are circulated, and actions from the meeting are communicated.

The role holder will operate in line with the Banks Risk Management Framework (including sub-frameworks) and relevant risk and compliance policies and procedures, ensuring appropriate and timely escalation of any concerns to their line manager (the RegulatoryEngagement Manager). Ideal Candidate Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you dont meet all the criteria, get in touch anyhow and let us do the worrying...

• Candidates will preferably have a legal background / experience of UK financial services regulation
• Prior experience of working at the PRA / BOE Supervisory teams is preferred
• Previous experience of regulatory engagement is required
• Ability to take a proactive, risk-based approach
• Excellent communication skills and demonstrable experience of communicating with senior bank stakeholders
• Experience of drafting documents for senior stakeholders
• In-depth knowledge of regulatory requirements, and an interest in regulatory developments
• A positive attitude which is focused on development and implementing practical solutions
• Compliance and/or banking qualifications are desirable

Company Information Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling itto make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products. The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background,age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation. Check our Handelsbanken website for further information At Handelsbanken, we deeply value our unique culture and values including trust in and respect for each individual. We take pride in nurturing a work environment where people flourish, and where they are empowered to take decisions in their areas of expertise.We take a long term perspective in everything we do and want each employee who joins us to build a long terms successful career with the Bank. What is in it for you

• We have a wide range of learning and development available, empowering and enabling our colleagues to take ownership of their own development.
• Competitive Salary and an extensive range of benefits is provided, including private medical insurance, income protection and life assurance
• A market-leading pension contribution of 15% paid by the bank, which can be invested in a wide range of funds (including ESG and Shariah funds)

Application next steps Your journey with us begins once you have submitted your application. One of our Handelsbanken recruiters will be reviewing your details and will later organise a phone conversation if