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