The HOC will be authorised by the company to fulfil the activities normally expected of a HOC. The HOC will also be authorised to participate in those management activities normally to be expected of a HOC in the proper and successful management of an authorised bank. In exercising this authority, the HOC may call upon the reasonable assistance and co-operation of officers, employees, agents and those to whom the activities have been outsourced.
Develop and shape the compliance practice within the Bank.
A hands-on approach to dealing with the company's strategic and operational compliance practices.
Ensure the Bank's operations are conducted in compliance with ethical business practices, company policies and legal requirements.
Develop policies and procedures intended to prevent unethical and illegal conduct.
Support the business by providing compliance advice and guidance in relation to existing and new business initiatives.
Monitor UK and global regulatory developments and identify new regulations impacting the business, recommending and documenting action as appropriate.
Represent The Bank before regulators and supervisory authorities, such as the PRA and FCA.
Maintain a comprehensive knowledge of the company's business and the regulatory framework in which it operates.
Prepare and respond to any compliance related applications or audits, internal or external as appropriate.
Competencies, Knowledge and Skills Required
5+ years' relevant experience in a regulatory compliance environment within a Bank.
Broad knowledge of the financial markets, products and banking (Capital Markets knowledge desirable).
Thorough knowledge of relevant FCA and PRA Rulebooks.
Previous experience of applying FCA rules in a banking environment.
Aptitude to research and analyse complex compliance issues, translate and distil that research into practical advice in order to inform senior management decision-making.
Ability to provide guidance as to duties, obligations and responsibilities under Senior Managers' Regime.
Knowledge and application of JMLSG Guidance.
Past experience and proven ability in financial regulation and AML fields.
General understanding of the European perspective to financial regulation.
Tenacity to keep up-to-date with regulatory changes.
Ability to handle confidential information appropriately.
Creative and innovative thinking together with problem solving abilities.
Continual training in compliance developments through CPD or similar.
Self motivation and sociability.
Smart presentation - a business suit must be worn.
The ability to present information in a clear and concise manner.
The ability to influence at a high level.
High regard for customer care and professionalism.
Ability to work well independently and as part of a team.