TECHNICAL COMPLIANCE ADVISER

PRINCIPAL ACCOUNTABILITIES

1.Obtain and assess the impact of proposed regulatory changes published by the relevant regulators to ensure regulatory and legislative requirements are identified, communicated and addressed as appropriate.

2.Develop processes and procedures to ensure effective and efficient compliance on a pan-European basis with applicable regulations on banking and insurance mediation and provide advice accordingly.

3.Assist in the identification of Compliance risks to which the business is exposed, and help maintain and update the Compliance Risk Register for the bank.

4.Update Compliance key risk indicators on monthly basis and present to the Regulatory Compliance Committee

5.Participate in cross-functional teams with respect to the Bank's strategic initiatives and business projects in order to assess and advise with respect to regulatory compliance issues

6.Maintain constant and open dialogue with business units so as to provide Compliance advice to enable business units to operate in a compliant manner

7.Communicate and raise awareness of Compliance to business units to cultivate a compliance culture and understanding of issues imperative to compliance

8.Provide compliance supervisory reports on areas of compliance oversight as required by the business and Compliance Monitoring Programme both on an annual or ad-hoc basis. Assist in the development and delivery of the Compliance Monitoring Programme for the bank

9.Oversee legal and regulatory changes and industry practice affecting regulatory compliance in all European locations and ensuring the business is advised accordingly

10.Assist with the submission of selected regulatory and supervisory returns and risk-mitigation program responses to the FSA

11.Assist with the development and maintenance of a robust and cost-effective compliance training and testing model for Europe, including: -

• Regulatory framework

• Compliance within the Bank

• Anti-Money laundering training;

• Data Protection training;

• TCF training

• Complaints

12.Undertake additional legal and compliance related activities as required

KEY COMPETENCIES

Regulatory:

Banking, Credit and Financial Services Knowledge:

Business and Controls:

Advisory: 

Understanding Business Risks:

Communication and Management: