Compliance Monitoring VP

London Permanent £70,000 - £85,000
  • Growing international banking firm
  • Based in the City of London

About Our Client

My client is a growing banking firm based in the City of London that covers a range of investment banking services.

Job Description

Compliance Monitoring is instrumental for the bank in meeting regulatory expectations.

The Compliance Monitoring VP will be responsible for:

* Monitoring across all divisions of the bank

* Assisting the Head of Compliance Monitoring in related Monitoring tasks

* Lead the development, implementation and completion of the Trade Finance and Transaction Monitoring Compliance Programmes amongst other areas of the business

* Perform quality assurance reviews on Compliance Monitoring work to ensure required standards are met

* Provide high level technical input on Compliance Monitoring reviews where required

* Assess and opine on the Risk Based Approach implemented within those functions

* Provide expert advice guidance and direction on the implementation of the Financial Crime Trade Finance Control Framework to Senior Management

* Undertake regular assessment and report on the effectiveness of automation and artificial intelligence within the control framework

* Ensure all significant issues are escalated accordingly and that agreed remediation actions are specific, measurable and closed appropriately

* Stay abreast of regulatory developments and good practice, focusing on Trade Finance, to ensure Compliance Monitoring conducted is fit for purpose.

* Manage relations with key stakeholders both in the first and second line of defence

* Build and maintain effective relations between Compliance Monitoring and the business

* Provide senior management with meaningful information on the output of monitoring activities.

The Successful Applicant

The successful candidate will:

  • Have a number of years of experience performing a Compliance Monitoring role within a Financial Services business
  • Ideally have experience of this look at Trade Finance and/or Transaction Monitoring and Financial Crime

What's on Offer

This role is pitched at £70,000-85,000 pa plus benefits package. Compensation will be discussed in line with experience for the position.

Camilla Hadland
Quote job ref
Phone number
+44 207 645 1417

Job summary

Contract type
Consultant name
Camilla Hadland
Consultant phone
+44 207 645 1417
Job reference