Assistant Vice President

An international bank is looking for a person to join their compliance team to assist and support with the key functions of their compliance program.

The Client:

One of the world’s largest commercial banks, they operate globally across Europe and the US with a particular focus in Asia. They are looking for someone with a keen attitude to learn about the business as a whole and with a firm understanding of FCA PRA regulations so as to maintain the highest possible standards of compliance.

The Role:

The primary focus of the role is to oversee all aspects of the compliance function, offer solutions to problems and incorporate more efficient methods of compliance. The main responsibilities will include:

• Maintaining an up to date knowledge of UK regulations in respect of Banking Mortgage regulation, Complaint Handling, PSD, CCA, TCF, MiFID, CASS, Dodd-Frank, FATCA and general regulatory principles that apply
• Take a lead in planning, preparation and completion of non-financial crime compliance controls as and when required
• Proactively develop appropriate relationships with senior managers, so that amongst other things there is a good understanding of the business and the support required from the Compliance Team
• Prepare and submit regulatory reporting returns to the PRA and FCA within set timeframes
• Ensure matters that require escalation are notified to the Vice President in a timely manner to enable support to be provided and where necessary onward notification to the Head of Department or Senior Management

The Candidate:

The successful candidate will be a creative problem solver and have an enthusiasm for compliance, a vast knowledge of compliance procedures and act as a positive example in all dealings demonstrated to junior team members.

• 3-4 years of banking experience in Compliance
• Have banking and/or compliance qualifications and financial crime knowledge will also be highly desirable
• Have a strong drive to meet deadlines and achieve results
• A good understanding of banking operations, MiFID, FATCA and Dodd Frank as well as a strong knowledge of the FCA and PRA handbook
• Be committed to high standards across all compliance divisions

February 21, 2014 • Tags:  • Posted in: Financial

Leave a Reply

You must be logged in to post a comment.