Head of Surveillance – Investment Bank
Head of Monitoring Surveillance - Investment Bank - London
A leading Investment Bank inLondonis seeking a Head of Monitoring Surveillance with extensive compliance experience in wholesale banking products and a broad understanding of regulatory requirements as they apply to Corporate and Investment banking. Reporting to the Head of Compliance, you will play a key role in risk identification and mapping, the design and implementation of compliance controls, monitoring and reporting on the effectiveness of the controls and managing and developing the team.
Responsibilities:
- Establish and maintain a risk-based compliance controls and monitoring programme, covering monitoring of relevant regulatory, exchange requirements and internal policies and procedures.
· Develop and oversee execution of the Monitoring Plan, including desk review, thematic review, electronic and manual trade surveillance, monitoring of communications and other forms of manual and electronic monitoring including second-level controls and test checking;
· Monitor controls for TCF/Suitability; Margin Monitoring (Actimize MAC); Buybacks, Market Soundings, Allocations, Stabilisation, Market Abuse, Research, Libor submission, physical and system access monitoring, etc.
· Investigate and clearly communicate issues arising from the compliance surveillance monitoring activities, involving advisory compliance officers as required, follow issues through to full resolution with the business lines
· Escalate issues to the Head of Compliance and Global Head of Global Markets Compliance.
· Ensure strong communication flows between the Monitoring and Surveillance Team and heads of other Compliance teams inUKand in Head Office.
· Conduct investigations related to market incidents and responding to enquiries from regulators as requested.
· Partner with Compliance Advisory team working on Business Model Analysis and reviewing the strength of systems and controls.
- Keep Head of Compliance and Global Head of Capital Markets Compliance informed on an ongoing basis of all relevant issues.
· Assist and provide input to business lines in developing and implementing policies and procedures that defines the regulatory and market standards/requirements applicable to them.
· Manage ad hoc projects and investigations as directed by senior compliance management (e.g. regulatory visits or thematic reviews).
· Maintain a detailed working knowledge of the FCA rules and regulations and awareness of key EU regulatory updates and analyse their impact upon the Compliance Controls and surveillance monitoring programme.
· Work where appropriate with other members of the Compliance team to ensure coordinated delivery of compliance training and awareness programmes.
Experience required:
· Extensive compliance experience and understanding of FCA/PRA rules and regulatory requirements as they apply for wholesale banking business.
· Mandatory experience of working in a Capital Markets and global investment banking compliance department.
· Strong experience of Compliance's controls and surveillance within Global Investment Banking products and services,
Salary - £100,000 to £120,000 (+ highly competitive package)
Location - City ofLondon
This is a fantastic opportunity to progress your career in a top banking institution. Applications are now open so please send CV's to Ryan Graham at r.grahamatrealstaffing.com
Applications are now open, so please send your CV in Word format highlighting your relevant experience to Ryan Graham at r.grahamatrealstaffing.com for further information
To find out more about Real, please visit us on www.realstaffing.co.uk
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