Compliance Associate - Banking - Reed : Job Details

• Job Type: Full-time Permanant 
• Location: London
• Benefits: Hybrid Working

We are seeking a Compliance Associate for a prestigious Bank in implementing their regulatory compliance and AML frameworks. This role is integral in supporting the strategies, projects, and activities of the Compliance & AML Unit. 

Responsibilities:

• Develop, update, and manage the bank’s Compliance Plan, including compliance testing and risk assessments.
• Prepare and present regulatory compliance and AML reports to management, the Audit and Risk Committee, and the Board of Directors.
• Assist in the bank’s complaints handling process and ensure adherence to Consumer Duty principles.
• Provide secretariat support to the Audit and Risk Committee, including preparation of report packs and meeting minutes.
• Update internal regulatory compliance and AML policies, procedures, and guidelines.
• Support the facilitation of regulatory examinations and resolution of audit findings.

Requirements:

• Degree in Finance, Economics, Business, or a related field, with an understanding of banking operations and products.
• Proficiency in Microsoft Office and experience with compliance software like World Check One.
• Strong communication, problem-solving, and project management skills.
• Fresh graduates are welcome.