Senior Compliance Monitoring Manager

Kind Consultancy is working with a succesful, growing Challenger Bank which is currently seeking a Senior Compliance Monitoring Manager to join them in a full-time, permanent role based in their West Midlands office.

The Senior Compliance Monitoring Manager will focus on delivering a risk-based Compliance Monitoring plan, tailored to the organisation's customers and products, with key responsibilities including:

• Managing delivery of the annual Compliance Monitoring plan, ensuring timely delivery of compliance monitoring activities to ensure adherence to both regulatory and internal policy
• Undertaking and managing the Compliance Monitoring team in the completion of compliance monitoring activities
• Producing timely management reports, identifying areas of non-compliance with internal policy, regulatory requirements and the internal control framework
• Reviewing, monitoring and tracking actions from reports completed by external auditors, ensuring a timely and satisfactory closure is achieved and evidenced by an audit trail
• Cultivating and developing an enthusiastic and engaging team, encouraging open dialogue with all colleagues to engender trust and drive continuous improvement.
• Demonstrating creative thinking, challenging existing processes and proposing new ways of working to maximise efficiency.
• Adding value by tailoring Compliance Monitoring activities to a variety of challenges as they arise and encouraging team members to do the same
• Reviewing and challenging existing reporting mechanisms and formats to ensure that Compliance Monitoring reporting is engaging, visual and clearly directs the recipient to the key areas of concern or interest.
• Adopting an open-minded approach to problem solving, seeking pragmatic and cost-effective solutions to business and regulatory issues and subsequently ensuring that the team measure and monitor the performance of those solutions, allowing for swift identification of ongoing and repeat issues
• Representing Compliance Monitoring at stakeholder and client facing meetings

Our ideal candidate for the Senior Compliance Monitoring Manager opportunity:

• Demonstrates experience and understanding of the FCA Handbook, specifically PRIN, SYSC, COCON, CONC, COBS, BCOBS, MCOB, DISP and SUP in addition to the Payment Services Regulations (PSR), with the ability to apply this knowledge to day-to-day decision making.
• Has 5+ years of experience working in a Compliance role within Financial Services, with experience of managing team performance.
• Is an excellent communicator, able to adapt their style to provide pragmatic feedback and guidance both verbally and in written reports
• Is an engaging team leader, inspiring reports to produce high quality, value-adding outputs
• Has a track record of succesful risk-based decision making, and of influencing key stakeholders to reduce regulatory and conduct risks
• Is confident in managing their own workload and deliverables, ensuring high standards of quality and monitoring
• Is able to interpret regulatory developments and apply them to the organisation's activities
• Holds one or more relevant industry qualifications such as the International Compliance Association (ICA) GRC Diploma (not essential but highly desirable)

If you're interested in the Senior Compliance Monitoring Manager opportunity and you have the necessary skills, knowledge and experience and are based in or can commute to the West Midlands, please apply with an updated CV today.