The Compliance Department manage compliance risk across the firm globally to align with the policies established and approved by the Board of Directors' Audit and Risk Committees. It is the Compliance Department's responsibility, as proactive and trusted advisors to Businesses, to drive a consistent, adaptable and effective culture across the organization so that compliance risks are appropriately mitigated. Compliance Department responsibilities generally are to advise, monitor, and escalate.
Job Description / Accountabilities:
The Compliance Officer is an integral part of the UK Compliance department. This individual will conduct independent testing and monitoring, and assist with other core compliance tasks as needed.
Responsibilities include, but are not limited to:
Participate in the compliance risk assessment exercise.
Assist with developing the annual test plan;
Determine scope of reviews; build detailed review steps; organize documentary evidence;
Execute tests and write summary report to reflect exceptions and action plans;
Communicate deficiencies to the business.
Oversee remediation of gaps identified in the testing process;
Assist on ad-hoc Compliance projects;
Build relationships with key stakeholders globally.
Act as back-up for trade surveillance, e-communication, voice and other surveillance activities.
Educational Requirements / Accreditations:
Minimum of 5 years of demonstrated relevant experience in the industry.
Knowledgeable of regulations and industry best practices;
Have the ability to conduct regulatory research.
Internal audit experience a plus.
Other Qualifications / Skills / Experience:
Understanding the internal controls framework.
Testing the design and effectiveness of business controls.
Understanding regulatory rules.
Problem solving skills and the ability to work independently.
Strong oral and written communication skills.
Ability to build and maintain professional relationships with internal and external parties.
We are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve, and creating an environment where every employee has the opportunity to reach her/his potential.