Assistant Vice President - Testing - Bank

- To contribute to the overall success of Compliance Testing and its objectives by delivering a risk based programme of second line compliance for EMEA region.

- The role includes support of both the Global Head Offices' assurance programmes and EMEA based testing which may also include opportunities to travel to offices located within EMEA. The role may involve ad-hoc investigations, projects and thematic reviews.

Key Responsibilities :

In this role, you will be responsible for the Compliance Testing programme across banking and securities business under a dual-hat arrangement. Under this arrangement, you will act and make decisions on behalf of both the bank and the securities business, subject to the same remit and level of authority, and irrespective of the entity which employs you.

Job Responsibilities :

You will be expected to contribute to the overall Compliance Testing framework by:

- Supervising the work of staff on the team including coaching, supporting and training junior members of the team

- Develop staff through identification of developmental opportunities, performance management and other activities designed to enhance the capabilities of Testing individuals

- Conducting risk-based thematic and desk Tier 1 reviews of the London and EMEA business
areas to provide assurance over compliance and conduct risks to key stakeholders
- Conducting first approval of the team's reviews

- Supporting the scoping of reviews

- Tracking, managing and taking ownership of the remediation of compliance issues

- Providing support to both the Bank and Securities Head Offices

- Providing regular MI for management and Head Office

- Supporting Compliance Testing projects as directed

- Identifying compliance and conduct risk topics and communicating to the team, division and senior management on any industry updates.

- Other ad-hoc tasks as requested by management

Direct Reports : None

You will be expected to perform your responsibilities under the supervision of, and reporting to, a line manager, ensuring your line manager is fully aware at all times of your activities. Escalate any issues to your line manager or the Head of Department. Line management for the team of approximately 5 individuals.

Qualifications :

Functional / Technical Competencies :

- Excellent Microsoft Office (including Excel) skills

- Strong relationship management skills, including with senior stakeholders

- Effective time management skills, with the ability to produce high quality output and meet tight deadlines

- Problem solving, analysis and reporting skills

- Ability to exercise sound judgement, balance risk and practicality to determine appropriate actions/ solutions

- Excellent presentation and interpersonal skills - ability to communicate clearly and concisely both in person and in writing to articulate how an identified issue increases risk for the firm

- Good understanding of Investment Banking and Markets risks and regulations

- Ability to scope reviews, create test scripts and review the work of others

- Strong compliance testing experience required

- Broad understanding of the FCA Handbooks, Regulatory approaches & OFAC Standards

Experience

Essential : 6 years+ of experience in a compliance assurance and testing role gained in a European or US bank.

Education / Qualifications :

- Degree level

- Relevant industry qualifications relating to Compliance preferred, e.g. CISI

Behavioral Competencies :

- Attention to detail

- Has practical ideas and makes recommendations that challenge current practice

- Takes a solution focused approach to promote continuous improvement

- Incorporates new behaviors and changes quickly to serve as a role model to others

- Fully supports a 'best practice' environment

- Identifies opportunities to improve processes

- Is a team player and is willing to teach and help other members of the team

Personal Requirements :

- Excellent communication skills

- Results driven, with a strong sense of accountability

- A proactive, motivated approach.

- The ability to operate with urgency and prioritise work accordingly

- Strong decision making skills with the ability to demonstrate sound judgement

- A structured and logical approach to work

- Strong problem solving skills

- A creative and innovative approach to work

- Excellent interpersonal skills

- The ability to manage large workloads and tight deadlines

- Excellent attention to detail and accuracy

- A calm approach, with the ability to perform well in a pressurized environment

- A confident approach, with the ability to provide clear direction to others in the team

- A strategic approach, with the ability to lead and motivate those within your team

- The ability to articulate and implement the vision/strategy for the Compliance Testing & QA department