Back to search
Sterling Williams are working closely with a international Wholesale Bank based in the City of London who are looking to grow their Compliance team on a permanent basis. If you have a legal background, and experience within banking compliance in the UK, we’d love to speak with you.
Compliance - Associate manager
Permanent, City of London based
£Competitive, plus benefits
Hybrid: 4 days in the office, with 1 from home.
Supporting the Head of Compliance and collaborating with the rest of the department to identify and clarify current internal Compliance, AML and Financial Crime practices and controls within the Bank, and to diagnose and develop enhanced procedures to ensure Bank wide compliance with all regulatory, financial and core operational system requirements.
- Review internal and external business-related documents from a legal perspective providing analysis and feedback.
- Work alongside the Compliance Manager in ensuring that the regulatory risks to company activities are identified, measured, monitored and controlled, taking into account the requirements of the annual Compliance Monitoring Programme.
- Assist with the development of best practices in compliance control by ensuring that a comprehensive suite of compliance documentation/policies are in place, developed/updated and maintained.
- Ensure the provision of accurate and timely advice and guidance on regulatory issues, business standards, policies and procedures, ensuring the consistency and dissemination of best practices. Supporting the 1st line of defence in embedding best practice in relation to Compliance.
- Annually review, update and robustly carry out the Compliance Monitoring Plan providing challenge to the business/operations where required.
- Ensure that the Compliance Monitoring Plan is aligned with current PRA/FCA regulations, identified products and risks.
- Review all third party and supplier contracts ensuring that they have been authorised appropriately and are compliant with delegated authority and terms and conditions.
The successful candidate will have:
- Degree educated in Law / Legal subject as a minimum, unfortunately candidates without a legal background or education will not be considered.
- A compliance professional with c3 years of proven background in the compliance and regulatory field.
- Proven experience of policy writing, development and implementation - e.g., Compliance Manual, Financial Crime etc.
- An understanding of wholesale banking and/or trade finance would be beneficial, alternatively Corporate/Commercial banking
- A good understanding of regulatory rules/laws, industry issues and business operations
- A proactive thinker / a problem solver - with an ability to understand and resolve issues, be able to analyse a large volume of information/data and provide a succinct summary or propose suggestions to senior management.
