Compliance Associate

9 hours ago


UK, UK, United Kingdom BACB plc Full time

JOB SUMMARY

Helping to support, develop and facilitate the Bank’s Compliance Framework, by way of updating books, records, and registers. Proactively works to improve the function through individual and team efforts, as well as identifying, resolving and mitigating any related issues.


KEY WORK OUTPUTS AND ACCOUNTABILITIES


  • Administrative – Maintaining and documenting compliance processes, procedures, records, registers, systems and controls.
  • Compliance Monitoring Actions – Assisting in the chasing and completion of any outstanding actions with other departments.
  • Data Protection – Assisting the Data Protection Officer in further developing framework, conducting investigations and recording documentation.
  • Projects – Assisting in ad hoc projects and thematic reviews as required by the Head of Compliance.
  • Regulatory Horizon & Rule mapping – Helping the Horizon Scanning area to analyse and track emerging risks. Assisting on mapping of rules on the new system.


REQUIRED QUALIFICATIONS AND EXPERIENCE


  • Minimum of 2 years’ experience of Compliance administrative and projects.
  • Understanding and exposure of the UK financial services regulatory environment.
  • Prepared to further develop skills and knowledge on the role.
  • A confident, self-starter with a strong sense of ownership and a personal commitment to continuous improvement of controls and processes.
  • A problem solver who can stay calm under pressure and demonstrate forward thinking with the ability to adapt to all personalities and form positive relationships with colleagues.


COMPETENCIES

Driving for Results

(Impact, Continuous Improvement, Client Focus)

Positively impacts the quality of own work and team.

Proactively seeks information to understand the reasons for change and adapts to new situations and circumstances. Looks to enhance systems and processes.

Talks to colleagues and all counterparties to understand their needs, interests and concerns and takes initiative to recommend new or alternative solutions to meet their needs better.

Leadership & Influence

(Leadership, influence, communication)

Develops relationships with colleagues of all levels of seniority within BACB

Judgement & Accountability

(Problem Solving, Decision Making, Planning & Organisation)

Identifies and solves routine and sometimes complex problems;

Decisions are often routine in nature and are often made based on consultation with others; decisions made primarily affect own team.


Knowledge & Expertise

Demonstrates understanding of a range of processes and procedures within own area of work

Identifies own skill gaps and development needs and actively seeks out learning development opportunities.


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