Business Oversight Compliance Specialist

Business Oversight Compliance Specialist

6 months contract

About Compliance Team

The Compliance operates as one team to drive the right customer outcomes and protect the integrity of the financial services markets through innovation.

Compliance at the client's organisation is located across 31 Countries with approximately 1400 employees. It oversees all compliance activities across the client’s organisation, including all regions in which they do business. The world is changing and we need to too. The client is making a paradigm shift to the way they operate, returning to the basics of ethical banking. Their vision is to become the “Go-To Bank”, to be the role model for the banking industry. Along with their core values, they have introduced a balanced scorecard which will help them to measure their success against their “Go-To” vision, giving all the colleagues clarity around what they should focus their energy on.

Compliance is an independent ‘second line of defence’. The team act as a ‘guiding light’ for the client’s organisation.

• Being an independent control for the client’s organisation
• Being a world class global compliance function
• Driven by the skilled and empowered individuals in Compliance who are focused on doing the right thing
• Reporting directly into the board and being a role model for the banking industry

The client’s drive for excellence is work in progress – it’s about doing the best they can today and doing even better tomorrow. It’s about being proud of the achievements and being honest about the things that need to change. People are a key component of the success of Compliance and are expected to play a central role in business decision-making, with the ability to lead and be a key component in complex projects. In taking proactive judgement, continuously challenging and anticipating risks, compliance employees are the individuals that senior management of the firm significantly value as an essential contributor and partner when key decisions are being made.

The Compliance people strategy is focused on attracting, retaining and developing talented and capable employees by engaging them in fulfilling roles; in an environment that is empowering and rewarding. Individual career development is supported by an externally recognised Compliance Career Academy and underpinned by the right methodology and focus on internal mobility, reward, assessment and training.

The client’s organisation is committed to creating an inclusive environment, where everyone’s perspective is valued. Diverse teams bring varied opinions, skills, and experiences to the organisation. They believe this will help them make better decisions and deliver the best outcomes for our clients.

Overall Purpose of the role

Provide Business Oversight Compliance services to APAC Markets businesses by providing an effective second line of defense check-and-challenge and advice.

Work broadly with other Markets Business Oversight Compliance teams, front office, and infrastructure partners to help establish and maintain appropriate controls for an effective compliance risk management framework globally.

Key Accountabilities

• Respond to business queries as they arise
• Conduct verification checks to assess compliance with internal and regulatory and control requirements
• Create and maintain management information for interactions with senior business management as needed
• Participate in the development and review of business-related and compliance-owned policies and procedures
• Review relevant marketing materials and other client facing materials as appropriate

Stakeholder Management and Leadership

• The role will have close working relationship and interaction with various APAC Fixed Income business stakeholders, business managers, and infrastructure partners
• The role will also be responsible for hosting regular meetings with business heads, supervisors, senior business management on compliance risk issues escalations, management information, supervisory topics and focused compliance reviews and themes
• Additionally, this role will work closely with global Business Oversight Compliance leads and teams to ensure a consistent global approach, and to contribute input from an APAC perspective on global projects and matters

Decision-making and Problem Solving

• This role will develop experience in stakeholder management on regulatory, conduct and reputational issues, as well how to effectively devise and implement solutions to address issues or concerns
• This role will also provide first-hand experience in influencing stakeholders relating to compliance issues and how to achieve successful outcomes

Risk and Control Objective

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal client’s organisation’s Policies and Policy Standards.

Essential Qualifications

• Awareness of key global and/or APAC regulatory rules, as well as market trends and key risk areas
• Experience in advisory roles in advising stakeholders quickly and precisely on compliance guidance or risks to meet imminent deadlines
• Experience in compliance or a similar control function at an investment bank or financial institution
• Possess strong written and verbal communication skills to convey key compliance concepts and to influence and advise the business on compliance concepts/topics
• Possess strong project management and organizational skills to manage multiple and potentially conflicting business priorities and demands
• Experience in advisory compliance role or function would be an advantage

Work Arrangement - Onsite role:

Colleagues who perform ‘onsite’ roles will spend four or five days a week working onsite, depending on the requirements of their role and business area. Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

Reg no: R1879342

EA license no: 94C3609

Business Oversight Compliance Specialist

6 months contract

About Compliance Team

The Compliance operates as one team to drive the right customer outcomes and protect the integrity of the financial services markets through innovation.

Compliance at the client's organisation is located across 31 Countries with approximately 1400 employees. It oversees all compliance activities across the client’s organisation, including all regions in which they do business. The world is changing and we need to too. The client is making a paradigm shift to the way they operate, returning to the basics of ethical banking. Their vision is to become the “Go-To Bank”, to be the role model for the banking industry. Along with their core values, they have introduced a balanced scorecard which will help them to measure their success against their “Go-To” vision, giving all the colleagues clarity around what they should focus their energy on.

Compliance is an independent ‘second line of defence’. The team act as a ‘guiding light’ for the client’s organisation.

• Being an independent control for the client’s organisation
• Being a world class global compliance function
• Driven by the skilled and empowered individuals in Compliance who are focused on doing the right thing
• Reporting directly into the board and being a role model for the banking industry

The client’s drive for excellence is work in progress – it’s about doing the best they can today and doing even better tomorrow. It’s about being proud of the achievements and being honest about the things that need to change. People are a key component of the success of Compliance and are expected to play a central role in business decision-making, with the ability to lead and be a key component in complex projects. In taking proactive judgement, continuously challenging and anticipating risks, compliance employees are the individuals that senior management of the firm significantly value as an essential contributor and partner when key decisions are being made.

The Compliance people strategy is focused on attracting, retaining and developing talented and capable employees by engaging them in fulfilling roles; in an environment that is empowering and rewarding. Individual career development is supported by an externally recognised Compliance Career Academy and underpinned by the right methodology and focus on internal mobility, reward, assessment and training.

The client’s organisation is committed to creating an inclusive environment, where everyone’s perspective is valued. Diverse teams bring varied opinions, skills, and experiences to the organisation. They believe this will help them make better decisions and deliver the best outcomes for our clients.

Overall Purpose of the role

Provide Business Oversight Compliance services to APAC Markets businesses by providing an effective second line of defense check-and-challenge and advice.

Work broadly with other Markets Business Oversight Compliance teams, front office, and infrastructure partners to help establish and maintain appropriate controls for an effective compliance risk management framework globally.

Key Accountabilities

• Respond to business queries as they arise
• Conduct verification checks to assess compliance with internal and regulatory and control requirements
• Create and maintain management information for interactions with senior business management as needed
• Participate in the development and review of business-related and compliance-owned policies and procedures
• Review relevant marketing materials and other client facing materials as appropriate

Stakeholder Management and Leadership

• The role will have close working relationship and interaction with various APAC Fixed Income business stakeholders, business managers, and infrastructure partners
• The role will also be responsible for hosting regular meetings with business heads, supervisors, senior business management on compliance risk issues escalations, management information, supervisory topics and focused compliance reviews and themes
• Additionally, this role will work closely with global Business Oversight Compliance leads and teams to ensure a consistent global approach, and to contribute input from an APAC perspective on global projects and matters

Decision-making and Problem Solving

• This role will develop experience in stakeholder management on regulatory, conduct and reputational issues, as well how to effectively devise and implement solutions to address issues or concerns
• This role will also provide first-hand experience in influencing stakeholders relating to compliance issues and how to achieve successful outcomes

Risk and Control Objective

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal client’s organisation’s Policies and Policy Standards.

Essential Qualifications

• Awareness of key global and/or APAC regulatory rules, as well as market trends and key risk areas
• Experience in advisory roles in advising stakeholders quickly and precisely on compliance guidance or risks to meet imminent deadlines
• Experience in compliance or a similar control function at an investment bank or financial institution
• Possess strong written and verbal communication skills to convey key compliance concepts and to influence and advise the business on compliance concepts/topics
• Possess strong project management and organizational skills to manage multiple and potentially conflicting business priorities and demands
• Experience in advisory compliance role or function would be an advantage

Work Arrangement - Onsite role:

Colleagues who perform ‘onsite’ roles will spend four or five days a week working onsite, depending on the requirements of their role and business area. Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

Reg no: R1879342

EA license no: 94C3609