Compliance Officer

4 days ago


Ipswich, United Kingdom Ultimate Banking Ltd Full time

**Role**: Compliance Officer

**Location**: Ipswich

**Hours**: Full time: 35 hrs a week (part time considered, min 17 hrs a week)

Our client is an established, successful and customer focussed financial services provider who are looking for a Compliance Officer to join their risk and compliance team on a permanent basis.

Reporting to the Compliance Manager, the main purpose of the role is to play an active role in mitigating and managing compliance risk faced by the organisation.

**Key focus & responsibilities**:

- To support in the provision of an effective compliance function within the organisation ensuring that all statutory and regulatory risks are effectively managed and controlled.
- To deliver and oversee the organisation’s financial crime transaction monitoring framework, continually developing rules, triggers and alerts on a generative risk management basis.
- To support the development of compliance risk controls across the organisation. In particular, provide scheduled and needs-based compliance and financial crime training across the organisation.
- To deliver a full compliance monitoring programme and report on interest operations in respect of compliance with all relevant statutory, regulatory and voluntary codes issues.
- To support the process of ensuring all new statutory or regulatory issues are communicated to relevant executive and management in a timely and efficient manner.
- To support the proactive review of processes and procedures to enhance compliance risk across the organisation.
- To take responsibility for own personal development and to keep up to current relevant issues relating to your job and the organisation.
- To support a positive culture of compliance by bringing to life the core compliance functions of communication, facilitation, monitoring, education and consultancy/compliance advice - in line with the organisation’s compliance procedures.

**Knowledge & Experience required**:

- Experience in: Compliance risk and control, business processes, control reviews, report writing, risk assessment and planning
- Appraisal of processes and feedback
- Assessment and monitoring skills and experience
- Good Communication skills - verbal and written
- Well organised, Flexible and adaptable
- General knowledge of Financial Services Industry (preferred)
- General knowledge of Risk Management
- General knowledge relating to limits of IT systems and software


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