Compliance Assurance Specialist (Retail & Commercial Banking)
We are seeking an experienced Compliance Assurance Specialist to join our dynamic team within the 2nd Line of Defence at [Bank Name]. This pivotal role will focus on providing regulatory compliance assurance across our retail and commercial banking activities.
Key Responsibilities:
* Lead end-to-end compliance assurance reviews, including scoping, fieldwork, reporting, and follow-up actions.
* Evaluate the design and operational effectiveness of regulatory controls, identifying risks and recommending enhancements.
* Provide assurance on compliance with key regulations, including Consumer Duty, COBS, BCOBS, MCOBS, and ICOBS.
* Deliver concise and insightful reports to senior stakeholders, offering actionable insights to strengthen the control environment.
* Stay up to date with regulatory developments, ensuring the bank remains aligned with evolving standards and expectations.
Key Skills and Experience:
* Proven experience in compliance assurance or regulatory compliance within a financial institution.
* Strong working knowledge of relevant regulations, including Consumer Duty, COBS, BCOBS, MCOBS, and ICOBS.
* Excellent communication and stakeholder management skills, with the ability to present complex information clearly.
* Demonstrated ability to work independently, manage competing priorities, and deliver high-quality outcomes.
* A proactive mindset with a focus on continuous improvement and risk mitigation.
Flexible working is available. 3 days in office, 2 from home.