Compliance Manager, Monitoring (Global Markets) recruitment
Reporting to the Team Leader, the jobholder will be required to carry out independent compliance monitoring activities across Global Markets in order to obtain reasonable assurance that the business is operating in line with relevant laws, regulations, codes and HSBC Group Standards.
Key responsibilities
- Foster a close working relationship with the local advisory team and business, including keeping abreast of key business, regulatory and industry developments and any changes to procedures and practices.
- Contribute to the preparation of compliance risk assessments, drawing on the experience and knowledge of the local advisory team, operational risk colleagues and business management.
- Contribute to the preparation of a monitoring plan for the business(es) within your team’s remit.
- Carry out thorough preparation and high-quality monitoring fieldwork / desk reviews, achieving agreed timelines.
- Prepare well-drafted reports to inform key stakeholders of the outcome of monitoring and review work, including the rating of findings and assignment of recommendations to owners.
- Agree reports of monitoring and review work with the Team Leader / Head of Compliance and the business.
- Record details of compliance monitoring and review work onto IRIS / reporting database.
- Track and follow-up actions identified as a result of monitoring and review work.
- Monitor changes to business practices and products to ensure that the Compliance Monitoring Plan is adjusted adequately to cover them.
- Present practical and effective recommendations to mitigate business regulatory risk, supported by accurate and reliable fieldwork.
- Assist with the liaison with Group Audit in relation to Compliance Monitoring matters.
The Ideal Candidate
- Experience of providing compliance monitoring or advisory support within a Global Markets business.
- Good knowledge of the FSA Handbook, futures exchange / clearing house rules and procedures.
- Proven analytical skills, together with the ability to support decisions with sound reasoning.
- Proven report-writing skills, with the ability to clearly articulate business and regulatory implications of analysis and findings.
- Proven strong interpersonal skills with the ability to communicate effectively with both Compliance colleagues and the Business.
August 10, 2008
• Tags: Accounting & Finance careers in the UK, Compliance Manager, Monitoring (Global Markets) recruitment • Posted in: Financial