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Senior Manager , Compliance Testing , Financial Services

  • 8-16 yrs
  • Not Disclosed

Job Description

, The role holder will be required leading a team to test and assess the effectiveness of financial crime and regulatory compliance controls, identifying and raising issues where control gaps lead to material unaddressed compliance risks. At a high level, the role holder will be responsible for the following:, Lead an assessment team as they evaluate compliance controls for design and operating effectiveness, raising issues as appropriate. , Ensure that assigned control assessments are accurate, effective, Supervise the delivery of assigned control assessments, using experience and knowledge to intervene and redirect testing as required, resolving or redirecting escalations as required., Ensure that assigned control assessments are delivered on time, in accordance with the assessment plan. , Manage control owners and other stakeholders, ensuring the success of individual reviews, minimising contention where possible and requesting support where deemed necessary., Manage the documentation of distinct control types, covering key aspects, such as remit, main processes and handovers to other teams. , Ensure that issue owners complete sufficient root cause analysis for all material issues and have appropriate remediation plans in place., Lead, develop and motivate the assessment team to attract, retain and develop talent, ensuring the successful delivery of assigned control assessments., Support the executive in,charge in fulfilling responsibilities as required, including budget management, resourcing and feeding into the development of procedures and templates., Determine innovative ways of testing controls in a precise and efficient manner, harnessing analysis of data where possible., Be attuned to the political, management, operational, regulatory and reputational implications of particular decisions and courses of action. Managing the demands of the multiple and diverse aspects of the role. , Assist management in development of controls and systems and influencing the way in which business is conducted in order to manage these risks.Knowledge and Experience, Minimum of 8,10 years proven experience in financial services compliance, testing, audit and,or legal management experience or equivalent., Excellent understanding of financial crime and,or regulatory compliance and,or the aptitude to develop this understanding in good time, and must be familiar regarding relevant regional laws, regulations and the overall regulatory environment., Experienced people manager, with excellent communication skills, a polished management style, and a proven track record of leading through change., Proven ability to question, evaluate, and improve existing business processes and adequacy of information., Experience working with local and regional stakeholders and an understanding of global standards of quality. , Minimum Bachelor's degree in related field such as business, finance, law or equivalent experience; Master's degree preferred., Requires understanding of the changing regulatory landscape regarding compliance functions within the banking industry., Broad knowledge of banking and a good understanding of all significant regulatory compliance requirements applicable to a CoE., Experience developing assurance automation and analytics tools preferred., Fluent in both oral and written English., Proficient with Microsoft Office.