Compliance Monitoring Specialist
Compliance Monitoring opportunity with Top Global Investment Bank
Role Duties:
* Conduct onsite inspection of the business units of UK Branch under the supervision of the Compliance Monitoring Manager, such inspections to be both planned and reactionary visits.
* Development of the monitoring activity carried out by the UK Branch with a focus on completion of the yearly monitoring plan.
* Contribute to the development of the monitoring plan by ensuring that new areas of the UK Branch business are included in the plan and by reviewing the risks posed by such business units on a continuous basis.
* Tracking and monitoring completion of action plans agreed with the business units following inspection visits.
* Monitor the external environment for changes in regulation which may impact either the plan or compliance obligations.
* The Compliance Monitoring Specialist will engage all relevant employees throughout the business in the U.K. and globally, if applicable, in order to meet the requirements of this mandate.
* The compliance Monitoring Specialist will ensure that any compliance failings are identified and raised to management in a timely manner.
Skill Set Required
* Experience of control testing within a global custody bank whether through current compliance role or through an operation role within a similar organization.
* Ability to quickly understand the product set offered by a global custody bank, including areas such as FX, Securities Lending and Cash.
* Inquisitive mind and not afraid to challenge business responses to ensure appropriate controls are in place and working effectively.
* Experience of FSA Handbooks and their application to a global custody business.
* Ability to quickly build relationships with the business units and to ensure that appropriate communication takes place with the business units in advance of monitoring activity commencing.
* Superior report writing and presentation skills, ensuring that scope and findings of reviews are appropriately documented and communicated.
* Strong interpersonal skills.
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