Compliance & Risk Monitoring Specialist - Candidate Source Ltd : Job Details

We are looking for an experienced Compliance & Risk Monitoring specialist to join our clients existing team in Bracknell to assist with the support of a new and growing compliance team to support a new project. Role SummaryThe role of Compliance & Risk Monitoring Specialist will be within the clients Risk and Compliance Department providing second line of defence to the business and reporting into the Section Manager. Responsibilities will include regulatory compliance advisory, thematic and transactional monitoring, risk management, internal and external audit activity and creating and maintaining policies, processes and procedures. This role will require the successful candidate to be on site for full time for training before moving to a hybrid basis of working 50% in office (example - 2 days one week, 3 days the following). The regular office hours are 08:00 – 16:00 Monday to Thursday with a half hour lunch break & 08:00 – 13:00 on a Friday. What you’ll be doing:

• Supporting the department in ensuring that client meets its legal and regulatory obligations
• Conducting monthly transactional monitoring of key operational areas, for example, Data Subject Access Requests, breaches and financial promotions
• Conducting thematic monitoring reviews and producing a detailed report of findings
• Analysing incident and breach forms submitted by business areas, requesting further information where required and uploading to the Riskonnect platform.
• Assisting in the development and maintenance of the client’s regulatory business policies and procedures.
• Collating and distributing internal reports
• Responsible for creating MI and slides for the monthly committee including watchlist and regulatory change
• Responsible for reporting key activity to the Head of Risk and Compliance for submission to Steering Committee
• Maintaining and tracking various departmental and company-wide logs, for example, the training, and legal advice log
• Shared responsibility for risk management activity
• Horizon scanning to identify regulatory announcements and upcoming changes and writing briefing notes covering key regulatory updates and announcements for senior management
• Distributing policies to relevant associates and logging attestations for reporting
• Maintaining and tracking the reporting calendar to ensure reports are submitted before the deadline and requests for data are provided to relevant business areas in good time

What we’d like from a Compliance & Risk Monitoring Specialist:

• Have worked in a regulated financial services firm
• Have a basic understanding of the regulatory framework including financial regulators
• Be able to demonstrate a highly organised and accurate approach to work
• Strong analytic and interpretive skills
• Effective communicator at all levels.

Core hours: 08:00 – 16:00 Monday to Thursday with a half hour lunch break & 08:00 – 13:00 on a Friday.Location: Bracknell – Parking on siteTraining: Full time on site for 4 weeks To apply for this role as Compliance & Risk Monitoring Specialist, please click apply online and upload an updated copy of your CV. Please note any offer is subject to satisfactory pre-employment screening checks. These consist of employment, activity & GAP verification, DBS or Access NI, Credit, Sanctions & CIFAS checks. We are committed to equality of opportunity for all hires and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.To help you stay safe in your job search we will never ask for your bank details at the application stage.Candidate Source Ltd is an advertising agency. Once you have submitted your application it will be passed to the third party Recruiter who is responsible for processing your application. This will include holding and sharing your personal data, our legal basis for this is legitimate interest subject to your declared interest in a job. Our privacy policy can be found on our website and we can be contacted to confirm who your application has been forwarded to.