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Ongoing Monitoring Senior Manager
- Posted 08 May 2022
- Salary £80000 - £90000.00 per annum
- LocationEngland
- Job type Permanent
- ReferenceBBBH130938_1652082547
- Contact NameAmine Oulidazouz
Job description
Ongoing Monitoring Lead - Business Banking FinTech
Fully remote, England.
Are you a natural leader that can own the oversight of the Ongoing Monitoring Team and be the primary point of contact for the Head? Working globally across multiple jurisdictions, you will be a vital part of the 1st line team. This is the perfect role for someone who is passionate about leading teams, driving business' forward and developing both individuals and processes.
Responsibilities:
- Interpreting regulations and advising the Head
- Writing and streamlining policies and procedures (high level processes)
- Reviewing existing processes for policy adherence and working with teams to agree and implement changes to processes
- Advising product teams and ensuring that new product build is regulation and policy compliant
- Collaborating with 2nd LoD to agree policy changes and constructively challenge where necessary.
- Providing support with audits and oversight from banking partners
- Working with 2LoD Compliance to implement new regulatory requirements within Ongoing Monitoring
- Overseeing the day to day operation of the Ongoing Monitoring function, providing SME guidance and support to Managers and the wider team
Requirements:
- A deep knowledge of financial crime regulation and stay abreast of changes to regulations
- Operated at a senior level in a 1st Line of Defence function, Risk & Compliance or Internal Audit
- Pragmatic and look to find solutions that balance meeting regulatory and internal policy requirements with providing excellent customer service to our members and meeting commercial objectives
- Able to clearly articulate the regulatory risks and trade-offs with different process and procedure options
- Can write great, easy-to-read and digestible policies and procedures
- Used to challenging senior stakeholders and remain robust when challenged yourself
- Have prior experience in business banking in an FCA regulated environment.
- Experience at a FinTech or technology-driven regulated institution is a bonus!
- Enthusiastic about providing a great service to our members, whilst balancing this with risk management