Trading Control Framework Consultant

2 weeks ago


London, UK, United Kingdom CORUS Consulting Full time

SLB RAC - Trading Control Framework Review Project


Location: London (Hybrid)


Engagement Objectives

As the SCIB UK business has grown significantly since 2020, SLB is looking to appoint an external strategic advisor to conduct a review of the Trading Control Framework to ensure it continues to meet evolving FCA and PRA regulatory expectations, proportionate to size and scale of the business.

The review should particularly focus on assessing of the design and operation of the Trading Control Framework covering:

  1. Remote Sales & Trading arrangements (including Back to Back flow) and associated SLB policy, governance, controls and MI to ensure there is an effective discharging of branch management and supervisory oversight requirements.
  2. Trading Control Framework effectiveness in assisting risk mitigation v regulatory expectation and industry peers (covering e.g. identification and evolution of preventative/detective/manual/automated/intraday/end of day controls etc)
  3. A targeted business area review across preventive and detective controls through Markets and Banking trade lifecycle.

Expected Outputs

  • Assessment and gap analysis of current state against regulatory expectations and good industry practice.
  • Assessment against the global SCIB UK & Global growth drivers to identify areas of enhancement within SLBs Supervisory and Trading Control Frameworks to support ambition whils.
  • A comprehensive summary highlighting gaps with proposals for appropriate remedial actions.

Key Requirements

  • Prior experience in the design, build & review of Trading Control Frameworks within Corporate and Investment Banking.
  • Understanding of the PRA and FCA expectations on Markets Sales & Trading Controls and Trading Supervision.



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