Senior Consultant/Consultant - Compliance Testing - Financial Services

Exp: 8 - 16 Years 

The role holder will be required to perform assessment of effectiveness of assigned financial crime and/or regulatory compliance controls, identifying and raising issues where control gaps lead to material unaddressed financial crime and/or regulatory/conduct risks.

At a high level, the role holder will be responsible for the following:

- Map processes of assigned controls and identify the main control components within that end-to-end process.

- Document distinct control types, covering key aspects, such as remit, main processes and handovers to other teams.

- Evaluate assigned controls for operating effectiveness, document results and raise issues as appropriate.

- Assist the team leads in the delivery of assigned control assessments and ensure that assigned control assessments are accurate, effective, abide by procedures and templates, and meet quality control requirements.

- Ensure that assigned control assessments are delivered on time, in accordance with the assessment plan.

- Evaluate the root cause analysis for all material issues and remediation plans in places to ensure that they are sufficient and fit-for-purpose.

- Perform issue closure validation to ensure risks are sustainably remediated

- Support the team leads as required, including creating customised testing methodology and testing templates.

- Effectively communicate with local stakeholders during the process of review work.

Knowledge and Experience

- Minimum of 2-3 years proven experience in financial services compliance, testing, audit and/or legal management experience or equivalent.

- Working knowledge of financial crime and/or regulatory compliance and/or the aptitude to develop this understanding in good time, and knowledge of relevant regional laws, regulations and the overall regulatory environment preferred.

- Minimum Bachelor's degree in related field such as business, finance, law or equivalent experience.

- Proven ability to multi-task and working independently under pressure to tight deadlines in a challenging and fluid environment.

- Experience of process mapping and delivering professional reports and presentations gained within a financial services organisation or audit/consulting practice.

- Awareness of good risk management and governance frameworks including 3 lines of defence criteria

- Understanding of the activities of relevant business lines and associated compliance risks.

- Strong interpersonal skills with the ability to communicate effectively.

- Ability to foster relationships whilst providing adequate challenge and effecting change.

- Experience utilising assurance automation and analytics tools preferred.

- Fluent in both oral and written English.

- Proficient with Microsoft Office.