OUTSOURCE COMPLIANCE MONITORING MANAGER

Recruiter
Project Practice
Location
London
Salary
55000.00 - 60000.00 GBP Annual
Posted
18 May 2017
Closes
25 May 2017
Category
Accounting
Function
Consultant
Contract Type
Permanent
Hours
Full Time

OUTSOURCE COMPLIANCE MONITORING MANAGER

LOCATION: LONDON

SALARY: GBP55k - GBP60k + BENEFITS

Project Practice is proud to announce a fantastic PERMANENT opportunity for an experienced Compliance Monitoring professional with an established player within the Payments Services industry. This individual will be responsible to work as a part of the first line of defence within the risk governance framework. Will be responsible to monitor the policies and procedures for the outsourced partners to ensure compliance.

Responsibilities:

  • Main responsibility includes managing the risk assessment process and strategise the outsourcing monitoring plan
  • Quarterly review of the compliance monitoring plan
  • Complete the outsourcing tests detailed in the compliance plan and ensure test are on schedule and maintain audit records
  • Continuous interaction with the banks compliance department for remedial actions as and when required
  • Track all outsource monitoring, provide monthly reports to the Executive Committee and to the Board
  • Identify risks likely to impact the bank
  • Ensure Conduct Risk and TCF requirements are taken care of and amended from time to time
  • Manage a team of 4-5 people

Essential Requirements:

  • Strong understanding of compliance and should have worked in an FCA/PRA regulated environment
  • Strong experience and understanding of SYSC 8, CONC, Complaint Handling, Financial Crime and AML
  • Experience in compliance and outsource monitoring plans and conducting site visits
  • Strong communication and stakeholder management skills
  • Attention to detail and strong analytical skills
  • Time management
  • Team management skills

This is an excellent role for an experienced Compliance professional to join our client. If you feel you have the skills, the can do attitude and the passion for compliance then submit your resume immediately.