Compliance Officer

To support the strategy of the Compliance team in carrying out its daily tasks, responsibilities and training programmes. In addition, providing help and assistance to staff on all regulatory matters covering Banking, Investment Management and Wealth Planning to ensure that the firm meets its regulatory requirements.

Where applicable, to place the interests of customers at the centre of all activities, act in a way that is consistent with achieving good outcomes for consumers and to comply with the FCA and PRA's Conduct Rules.

Key Responsibilities:

• To carry out activities, as allocated, in line with the compliance department areas of responsibility to help mitigate conduct and regulatory risks.
• To support oversight of regulatory processes across the business ensuring compliance with regulatory requirements and internal policies and procedures.
• Where appropriate, to support decisions regarding conduct and regulatory risks, including review and challenge of business initiatives and processes.
• Where appropriate, to raise and escalate issues and ensure these are appropriately resolved.
• To support the development and implementation of training requirements based on the outcome of departmental activities and as part of the wider Compliance training plan.
• To assist in business and compliance projects, ensuring that all regulatory requirements are met.
• To contribute to regular daily/weekly/monthly activities as required.
• To ensure that all internal and external deliverables, including FCA and PRA returns, notifications and applications) are completed in a timely fashion and to a high quality.
• To undertake day to day compliance tasks depending on the needs of the team.
• To represent the team internally and the Bank at compliance related events and working groups, as and when requested, and providing feedback to the team and the wider business where appropriate.
• To proactively engage with professional bodies and trade bodies in order to enhance the firm’s knowledge base.
• To maintain knowledge of the regulatory environment and where relevant technical knowledge and apply knowledge to the business as required.

Risk:

• Responsible for managing risks inherent to the role by diligently observing internal policies and procedures.

Key interfaces:

• Compliance Team
• SMEs from business and operational areas
• Leadership teams from across the business
• Third party providers

Person Specification

Knowledge/Experience/Skills:

• Experience working within a generalist Compliance role, ideally within the wealth management/private banking sector.
• Good / very good, practical understanding of FCA regulation and all other relevant regulations to the firm.
• Understanding of how the regulatory environment applies to AL Group desirable.
• Good verbal and written communication skills.
• A practical understanding of Excel spreadsheets, access databases and web-based applications.

Qualifications:

• Level 4 compliance qualification or equivalent is desirable.

Competencies:

• Performance Focus
• Team Working
• Influencing Others
• Judgement and Problem Solving
• Communication & Confidence
• Expert Knowledge