Compliance Assurance Manager
About the Role:
This is an exciting, newly created role with a retail banking institution. As the Compliance Assurance Manager, you will be responsible for leading a small team of monitoring and advisory compliance officers, reporting directly to the Head of Compliance. This is a deputy head of compliance role. This senior role involves engaging with senior stakeholders and driving compliance initiatives across the organisation.
Key Responsibilities
1. Compliance Monitoring & Risk Management:
- Identify and manage compliance risks.
- Deliver the Compliance Monitoring Programme and produce regulatory compliance reports.
- Implement and monitor approved recommendations.
2. Policy & Framework Development:
- Prepare and update compliance policies and frameworks, including Conduct Risk, Consumer Duty, SM&CR, and Certification Regime frameworks.
- Ensure alignment with corporate standards and regulatory requirements.
3. Team Leadership:
- Manage and support compliance staff to ensure timely, outputs.
- Foster team development through training, coaching, and performance management.
4. Regulatory Projects & Reporting:
- Lead regulatory projects and conduct gap analyses for emerging regulations.
- Ensure accurate submission of regulatory returns and respond to risk mitigation requirements.
5. Governance & Relationships:
- Represent compliance at governance forums.
- Manage relationships with regulators and ensure accurate regulatory reporting.
- Oversee the resolution of compliance issues and breaches.
6. Strategic Compliance Culture:
- Promote a proactive compliance culture by engaging with business units.
- Align compliance strategy with organizational goals and initiatives.
Candidate Requirements
- Experience: A strong background in retail banking with a solid understanding of consumer credit is essential.
- Leadership: Proven management experience and the ability to lead a team effectively.
- Skills: Excellent knowledge of regulatory frameworks and a strategic mindset for compliance risk management.
- Stakeholder Engagement: Confidence in working with and influencing senior stakeholders.
Salary and Benefits
- Base Salary: £80,000 - £100,000
- Additional Benefits: Competitive package
Location
- Essex with hybrid working (2-3 days per week in the office).
For More Information:
Please contact me for further details and a full job description at ne@barclaysimpson.com.