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Compliance Analyst
ABN AMRO
Source: Headcount Labs · original listing ↗
Job data: Headcount Labs, ODbL 1.0. Job descriptions belong to their employers.
Posted yesterday
About this role
At a glance The Compliance Operations Associate is positioned in the UK Compliance Department and has a reporting line to the Country Compliance Head, UK The compliance function centres on compliance risks. It's mission is to assist senior management in identifying, assessing and effectively managing the compliance risks of ABN AMRO. It has developed a risk-based approach designed to ensure that every reasonable measure (including policies, procedures, instructions, IT systems, monitoring methods, awareness and training activities, objective-setting, incentives, deterrent measures and sanctions) is taken in order to avoid or reduce the possibility of material compliance risks occurring and to minimise the damage if such a risk should nonetheless occur. The Department is responsible for all AAB UK compliance matters: Advice, policy, training, regulatory developments and monitoring regarding financial laws, rules, regulations & codes of conduct, data privacy and combatting financial crime. It also provides limited Compliance support to AACB UK in the context of Compliance operations. Your job The Compliance Operations Associate will perform his/her role in a way that: • Upholds legal, regulatory and ethical standards; • Fosters partnerships and collaboration throughout the Group; • Heightens awareness of relevant regulatory issues; • Delivers consistent delivery of Compliance operations within the Compliance function and from the Compliance function to support the UK franchise in meeting its regulatory obligations. The Compliance Operations Associate has the following responsibilities: • Coordinating and ensure the timely execution of internal reporting to NL Head Office Compliance and supporting the Compliance function to deliver regular and ad hoc reports into local committees such as the Enterprise Risk Committee, Executive Committee, and Conduct & Culture Committee; lead coordinator for Compliance Weekly team meetings (agenda, action points log); Committee MI and other reporting. • Coordinating and contributing to the local review (AAB and AACB UK) of Group and UK Compliance standards, policies and procedures as they arise; • Coordinating and evolving the compliance training framework including the drafting and maintenance of the annual Compliance training plan, delivering compliance training, developing compliance training content (including to reflect changing regulatory developments), assigning online compliance training to new joiners and existing staff as part of annual plan, tracking completion and preparing related MI. Liaising regularly with Head Office (HO) on compliance training initiatives, ensuring alignment between UK and global training programmes to avoid where possible the duplication or overlap of content. • Collating information and drafting external regulatory reports ahead of submission via RegData; • Supporting the CCH in relation to ABN AMRO’s relationship with the PRA and FCA. Maintain logs of regulatory correspondence for in scope regulated entities, determine material correspondence that needs to be logged in NL regulatory stakeholder management database, and prepare related MI for a number of governance forums; • Supporting CCH by tracking and monitoring actions assigned to the Compliance team, ensuring timely completion and reporting of progress to company secretary. • Engaging proactively with HR and Legal to support compliance with the Senior Managers & Certification Regime including coordinating and submitting SMF applications to PRA/FCA, preparation of SMF Statements of Responsibilities; oversight of Certification Function regime in conjunction with HR; contribute to maintenance of Management Responsibilities Map for AAB UK. • Responsible for maintaining the FCA directory in relation to ABN AMRO NV staff and firm information via CONNECT; • Responsible for maintaining the local Client Restricted List and the review and approval of Personal Account Dealing (PAD) requests and part of team responsible for assessing other Conflict of Interest related activities (eg Outside Business Interests); Conducting quarterly reviews of PAD account statements, escalating potential breaches and maintaining the log. • Identifying and sharing best practice in the Compliance Function organisation and enhance productivity, encourage collaboration and further improve consistency of approach across teams and offices, NL and other countries; • Contributing proactively to UK regulatory horizon scanning initiative, in conjunction with UK Legal; tracking UK Compliance team’s closure of items assigned to it and, to the extent capacity allows, analysing regulatory texts to determine any necessary internal policy or process changes to comply with the regulatory requirements. • Developing and maintaining the UK Compliance intranet pages – aligned with Bringing Compliance to Life Your profile Compliance or Law degree highly desirable – ideally in conjunction with some general Compliance experience developed in a UK or EU financial institution, non-degree applicants are welcome to apply if they have demonstrated experience; • Proficiency in Word, Excel, Powerpoint and Sharepoint or other document storage and management system. • Ability to communicate clearly and concisely on compliance issues – including senior management level stakeholders. • Ability to work independently, but be a strong team player. • Solid organizational skills with a proven ability to multi-task, meet deadlines, handle multiple projects/ priorities/ deliverables simultaneously. • Display initiative in identifying and presenting solutions to support activities and plans. • Forward looking and focused on effective processes and increasing efficiency. • Broad working knowledge of European and UK (PRA and FCA) regulatory rules, guidance and principles. • General understanding of European financial services products and ways of working. • Excellent command of the English language, both written and verbal. What we offer Joining ABN AMRO means working on meaningful projects. Projects that have an impact on our clients. Working with a wide range of people with different backgrounds, opinions and ideas. In the UK, in the Netherlands or elsewhere in our international network. We offer an environment where you will be challenged on a daily basis - professionally as well as on a personal level - so that you can grow to become the professional you want to be. Interested Are you interested? Please apply via the button below.