Private Retail Banking Compliance Officer
A leading and reputable Private Bank based in the City of London, require a Compliance Officer to join their business, with specialist knowledge of high net worth retail banking. The role sits in a medium sized compliance team, reporting directly in to the Deputy head of Compliance. The role is generalist in scope and offers the opportunity to work alongside, offering compliance assurance and advice, to one of the best-regarded Private banking and wealth management front office teams in London.
For this role it is required that you have up to date working knowledge of applicable UK banking regulation, covering two or more of:
FSA Banking Conduct of Business sourcebook;
Payments Services Regulation;
Mortgage Conduct of Business sourcebook; and
Consumer Credit requirements
An awareness and understanding of Account Switching would be a distinct advantage.
You will be expected to offer regulatory advice and assurance to the relevant business areas, covering both front and back office functions. Due to the size of the business it is essential that you have strong interpersonal skills and are a keen team player.
Day to day responsibilities for this role will include;
To review and assess the quality and standards of compliance within Banking and Payments from a regulatory perspective, including client file reviews as appropriate;
To monitor and review the implementation of recommendations as agreed with the business;
To support the provision of regulatory advice to resolve regulatory issues;
To conduct regulatory analysis work as delegated by Deputy Compliance Manager;
Support other staff with project work, staff training and procedural and administrative tasks as necessary.
To find out more please call Stephen Borner at Hays on 02034650110.
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