Regulatory Oversight Manager for Asset Servicing
4 days ago
Asset Servicing Regulatory Oversight Specialist, Vice President
Make a meaningful impact. As a key member of our Asset Servicing Regulatory team in Manchester, UK, you will play a pivotal role in ensuring the bank's compliance with regulatory requirements. This role offers an exciting opportunity to join a global leader in asset management and banking.
About the Role: In this dynamic position, you will be responsible for analyzing existing legislation, regulatory announcements, and industry practices to identify compliance requirements. You will also support the business in developing adequate processes to meet these requirements, implementing plans to ensure compliance with laws, rules, and regulations, and managing risk.
Your Key Responsibilities:
- Analyze existing legislation, regulatory announcements, and industry practices for first line of defense compliance requirements.
- Support the business to develop adequate processes to meet compliance requirements.
- Implement plans to ensure compliance with laws, rules, and regulations and manage risk.
- Review the articulation of controls and how they mitigate regulatory risks and contribute to the development of action plans to address control weaknesses/ enhancements.
- Support complex change projects and provide insight on the implementation of regulation and process improvements.
- Manage the Senior Management Regime framework (SMR) for UK Asset Servicing and drive the agenda/collate material for the associated governance meetings.
- Own the framework for regulatory control including evidencing compliance, supporting the senior manager and certified staff in meeting their obligations, and working to continuously enhance the control environment.
- Represent the business in legal entity control forums.
- Assist business unit managers in response to reports issued by regulatory agencies or audit.
- Partner and influence senior management, both within ASD and other LOBs to ensure ongoing compliance, as well as legal, risk, and compliance at all levels on any regulatory matter with presence and credibility.
- Investigate breaches to identify root cause and actions needed to reduce the risk of recurrence.
Your Skills and Qualifications: To succeed in this role, you will need to possess excellent analytical skills, with the ability to review, challenge, and improve control processes, identifying data-driven solutions and opportunities for automation. Experience handling/managing complex documentation and business workflow is essential, as is a process-oriented 'change agent' mindset. You must also have the ability to think and execute quickly in a fast-moving environment, with proper risk lens and balance, as well as excellent communication skills both written and oral.
Salary: £60,000 - £80,000 per annum, depending on experience. Benefits include highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team.
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