Compliance Risk Advisor

23 hours ago


London, Greater London, United Kingdom Taylor Root Careers Full time

Compliance Risk Advisor Role

Taylor Root Careers is delighted to partner with a prestigious international bank to recruit a skilled Compliance Risk Advisor to join its Internal Audit team.

In this exciting opportunity, you will play a key role in ensuring the bank's compliance with regulatory requirements and internal policies, driving business growth through effective risk management. As a Compliance Risk Advisor, you will work closely with stakeholders to identify and address risks, promoting a culture of transparency and accountability.

Main Responsibilities:

  1. Assess and manage compliance risks, developing effective risk mitigation strategies to ensure regulatory compliance.
  2. Conduct internal audit reviews, aligned with best practices and the annual audit plan, ensuring effective risk assessment and mitigation.
  3. Develop clear, actionable audit reports with management-approved action plans, presented to the Board Audit and Risk Assessment Committee (BARAC).
  4. Foster strong relationships with business stakeholders at all levels, enhancing their risk awareness and promoting a culture of robust risk management.
  5. Collaborate with first and second-line defense teams to identify and mitigate risks, driving business value through proactive risk management.
  6. Become a subject matter expert in one or more key risk areas, leveraging your expertise to refine audit approaches and enhance organisational resilience.
  7. Contribute to risk assessments, integrating insights with audit planning processes to ensure comprehensive coverage of risks.
  8. Mentor and develop team members, upholding high-quality standards and promoting a culture of excellence.
  9. Represent Internal Audit on relevant committees, potentially providing control enhancement advice while maintaining independence.
  10. Champion a culture of robust risk management across the bank, driving business growth through prudent risk-taking.
  11. Track and report on open audit issues, ensuring resolution and closure.

Estimated Salary: £80,000 - £100,000 per annum, depending on experience and qualifications.


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