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Compliance Advisor, Wealth Management Technology
- Compliance Risk
- Compliance Project, Techology
About Our Client
Our client are a large banking institution with a global presence. They are looking for a senior compliance advisor with a good background in compliance risk and technology. A background in project management from a compliance perspective as well as strong working knowledge in treasury products, derivatives, Mutual funds and bank assurance is highly desirable.
Compliance Advisory work and Risk Identification
-Support and assist the Project Directors of the Wealth Management Transformation Programme to:
- be principal compliance officer for the Project. The Project aims to invest in WM technology and infrastructure to build a single banking platform for Private and Retail Banking.
- pro-actively identify material compliance and regulatory risks relating to the Project, and on wider banking technology issues as they arise.
- anticipate and assess key regulatory risk trends in relation to the Project (examples are suitability assessment, sales process, selling restrictions).
- contribute to the development and implementation of appropriate mitigation control measures.
-Act as co-ordinator and facilitator for Country Compliance teams and other relevant Compliance teams.
-Support the Project team (and other stakeholders) in the development of assurance processes.
-Proactively support Business (WM and relevant segments) and other relevant Compliance teams in the development and implementation of appropriate compliance monitoring and periodic reviews plans for the Project.
-Builds relationships with other members of the Compliance teams supporting WM and Technology across all geographies, and relevant stakeholders for the project including Group and Country teams in GTO, Business segments the L&C organisation, and in other risk functions.
-Endeavours to keep all relationships on a strong professional and collegial footing.
-Endeavours to take a holistic approach to the management of risk.
The Successful Applicant
-Experience (in excess of 5 years' relevant practice) in Compliance and regulatory risk management.
-Substantial experience in technology related compliance. Experience in the banking industry supporting technology would be an advantage.
-Experience in the banking industry, in particular, in the area of Wealth Management and investment products. Strong technical product knowledge would be an advantage.
-Strong leadership and collaboration skills. Ability to effectively collaborate with geographically dispersed Compliance teams across a complex financial institution. Excellent multi-cultural awareness and sensitivity.
-Possess good judgement enabling the provision of sound advice in difficult areas of regulation and practice and the proactive management of regulatory and reputational risks.
-Advanced knowledge in risk identification, risk assessment, controls development, training, monitoring and reporting.
-Able to prioritise and manage multiple tasks in a high pressure environment.
What's on Offer
The role will offer exposure to senior stakeholders, and high level project management from a compliance advisory perspective. The successful candidate will be expected to work both as an independent contributor and in a team environment taking a lead on compliance risk issues for the project.