compliance / controls testing manager - svp / director in london

30 October 2018
randstad financial & professional, randstad financial services
job type
excellent benefits package
apply now

financial services
sub specialism
job type
working hours
excellent benefits package
reference number
randstad financial & professional, randstad financial services
+44 (0)20 7786 6917
apply now

job description

Do you want to work for a global leader in wholesale banking? Do you want to be a trusted advisor to key senior stakeholders across multiple jurisdictions? Do you have the skills and experience necessary to lead the Regulatory Compliance Testing function for the entire EMEA region? If so, this may be just the role for you...


* Convenient central London location
* Competitive salary
* Prestigious employer
* Generous annual leave entitlement
* Opportunity to lead Regulatory Compliance Testing & Monitoring for multiple business lines across the entire EMEA region
* Generous company pension scheme


Our client has invested heavily in building and enhancing the Testing & Assurance function sitting within EMEA Central Compliance. Having divided the function between Operational Risk Testing, Financial Crime Testing, and Regulatory Compliance Testing - this role is the overall Manager for the lattermost of these - the Regulatory Compliance Testing function covering all UK and wider EMEA businesses. As such, you will oversee, co-ordinate and ultimately be accountable for the all Regulatory Compliance Testing Reviews and performance against the Annual Testing Plan/Schedule.


* Create an Annual Compliance Testing Plan for the EMEA region which meets regulatory demands and corporate requirements.
* Partner with relevant stakeholders and provide assurance on an ongoing basis that your program is fit for purpose - i.e. that you have personally driven through an appropriate jurisdictional coverage model covering key regulatory risks and are able to perform ad hoc targeted reviews where regulatory demand requires, have proactively sought out best deployment of resource and have a strong understanding of regulatory testing priorities.
* Demonstrate progress against plan on an ongoing basis, address potential bottlenecks or escalate the same, identify synergies and appropriately communicate regulatory compliance risk issues in a timely manner to appropriate stakeholders.
* You will be responsible and accountable for ensuring that:
- All Compliance Reviews are appropriately scoped, communicated and launched
- Review work captures applicable regulatory rules and requirements
- Review Activity documentation is completed and appropriately retained and subject to very robust quality assurance review
- Compliance Testing related issues and corrective actions are identified, reported and tracked / validated to resolution;
- There is appropriate staffing for Review Activities and that resources are adequately trained to perform Review Activities in accordance with corporate and regulatory standards.
- There is robust, clear and periodic management reporting upon demand
* Responsible for inspiring, leading, developing and cross training (as appropriate) your team members.
* Drive and work with your teams to produce meaningful, swift and appropriate outputs in accordance with senior compliance leadership and regulatory standards.


* Extensive Compliance management experience gained within Wholesale Banking with strong understanding of associated products, services and business lines. Asset Management experience is also desirable.
* Extensive and demonstrable knowledge of regional regulatory requirements applicable within EMEA (i.e. strong understanding of monitoring / testing against UK, EU requirements with exposure to BAFIN, ACPR, DFSA, CBI highly advantageous).
* Deep and proven subject matter expertise in best in class Compliance Testing and Compliance Risk Assessment methodologies, with hands on experience in performing front to back elements of a Compliance Testing Program and impeccable quality assurance / control skills.
* Strong audit experience allied to proven leadership on regulatory compliance assignments desirable.
* Demonstrable track record of designing, implementing and successfully executing Annual Compliance Testing Schedules which meet corporate and regulatory requirements.
* Exceptional leadership capability; leads by example, fosters trust and is aligned with the Bank's vision and values.
* Proven change management experience with the ability to create a vision for change and influence key stakeholders
* Matrix management skills - demonstrated experience in an environment where management of regulatory requirements must be achieved in the context of the region, different jurisdictions, the line of business and multiple legal entities
* Partnership skills - the candidate will need to partner closely with multiple stakeholders including Country Compliance teams, Compliance Advisory groups, US Testing and Validation Teams and Lines of Business. This role must have the ability to cultivate and maintain excellent working relationship and credibility with all related risk partners and must be viewed as a trusted advisor to key stakeholders
* Problem solving skills - you must demonstrate the ability to identify key issues, and obtain appropriate information for further analysis, proffering alternative solutions aligned with the company's approach
* Highly developed communication and influencing skills - excellent interpersonal, communication (written and oral) skills are essential with the ability to liaise professionally and with diplomacy across all levels of staff
* Teamwork skills - you must be flexible in your work style and be able to work collaboratively with stakeholders and colleagues at all levels
* IT literate - including use of Microsoft Excel, Access, Work, Powerpoint and other reporting tolls but also ale to understand the use of technology for improving the regulatory control environment
* Unquestionable Ethics.
* Educated to degree level.


Click APPLY now (submitting an up to date CV). Alternatively contact Matt McLaren on 020 7786 6917 for more information.

We are seeking to arrange interviews ASAP, so please don't delay!

Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003




qualified by experience


Pursuant to the Employment Agencies Act 1973 and associated legislation, Randstad is acting as an employment agency with respect to this role. As such we are sourcing candidates for introduction to our client for permanent direct engagement by said client.

educational requirements