Director, Compliance - London

Solliciteer
  • Plaatsingsdatum: 19-09-2019
  • Vacaturenummer: 22937
At a glance

The  role has a hierarchal reporting line to the Country Compliance Head (“CCH”).

Your job

The Compliance Department centres on compliance risks. Its mission is to assist senior management in identifying, assessing and effectively managing the compliance risks of ABN AMRO. It has developed a risk-based approach designed to ensure that every reasonable measure (including policies, procedures, instructions, IT systems, monitoring methods, awareness and training activities, objective-setting, incentives, deterrent measures and sanctions) is taken in order to avoid or reduce the possibility of such compliance risks occurring and to minimise the damage if such a risk should nonetheless occur. The Policy, Regulatory Developments and Training function has three key objectives:

  • to assess the impact of regulatory developments on the businesses;
  • to ensure that Compliance policies are kept up to date;
  • to run the Compliance training programme.

  In addition, the role is responsible for providing support to Advisors’ business lines where required..
 The role has primary responsibility for the three bullet pints outlined above.
 The Director, Compliance will be dedicated to doing this in a way that: 

  • upholds the firm’s legal, regulatory and ethical standards;
  • fosters partnerships and collaboration throughout the firm;
  • heightens awareness of relevant regulatory issues;
  • delivers consistent monitoring, challenge and innovative solutions; and
  • works in collaboration within the Compliance team to deliver the desired outcomes in relation to the monitoring activities performed.
Your working environment

ABN AMRO is a Dutch Bank offering a full range of services to retail, private, commercial and merchant banking clients. We are also active internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing. The culture we aim for within the Bank is one in which we strive to strengthen our clients’ position. Our success is based on our  client’s success. We want clients to perceive us as a trusted partner, professional and ambitious - our core values. At ABN AMRO UK we follow the Banks global strategy. We always aim to put our customers first and to create sustainable, long-term value for all our stakeholders – customers, shareholders, employees and society at large; it is our people that we rely on to help us achieve this ambition. We concentrate on our strategic priorities:Client focusInvest in our futureMaintain a moderate risk profileSelectively grow our businessesImprove profitability ABN AMRO UK is part of the Corporate Banking business line and operates the following businesses in the UK:Corporate and Institutional Banking – which includes  Corporate Banking, Clearing Global Markets - Sales & Trading, Escrow & Settlement, and Financial InstitutionsCommercial Banking which includes Asset Based Finance and International Desk, which provides transactional banking services
 Our business lines are supported by a number of functions such as Risk, Compliance, Legal, IT, Finance (Including Tax), Business Management and Human Resources. We currently employ approx. 380 individuals in the UK.

Your profile

The key requirements of the role are: 

  • to assess the impact of regulatory developments, both at EU level and locally on all business lines in the UK;
  • to identify relevant regulatory developments, both at EU and UK level;
  • to identify training needs arising from those regulatory developments;
  • to facilitate training on the above, either through external providers or, in tandem with Business Advisors, through face to face training;
  • to provide regular updates to stakeholders on the status of implementing regulatory developments;
  • to liaise with Head Office colleagues on changes in (and new) Compliance policies and Compliance training programmes;
  • to work with Compliance colleagues, identify and share best practices, encourage collaboration and further improve consistency of approach across teams and regions;
  • to ensure that all relevant issues identified through monitoring and/or those providing Compliance advice, are considered and incorporated into policy, procedures, training plans and/or materials;
  • to maintain the Compliance Handbook and Compliance Operating Procedures, so that their contents reflect both Head Office policy and UK regulatory requirements, and can be evidenced as such.
  • The role requires the individual to assist with the establishment, implementation and maintenance of adequate policies and procedures sufficient to achieve compliance with ABN AMRO’s obligations under relevant regulations.

  Knowledge and Experience

  • Ideally degree educated, or a strong academic record with extensive compliance experience.
  • Professional qualifications, such as the CISI Diploma or equivalent.
  • Possible legal background (or equivalent) to demonstrate legal  interpretation of applicable rules and regulations
  • A strong knowledge of the FCA and PRA handbooks  
  • and demonstrated ability to undertake broad compliance monitoring activities by demonstrating knowledge of relevant regulatory requirements in relation to all business lines located in the UK.
  • Ability to communicate clearly and concisely on complex regulatory compliance issues at all levels, both internally and externally.
  • Ability to produce written documents articulating key aspects of issues identified, along with full impact analysis on relevant business areas
  • A good understanding of relevant existing, and emerging regulatory requirements.
What we offer

What we offerOpportunity to work in a dynamic environment, where flexibility is highly appreciated. We encourage you to grow and develop as a person and as an employee.  Type of Flexible Working           May be consideredJob sharing                                 YesRemote working                         YesPart-time                                     YesFlexitime                                     YesUnpaid leave                               YesStaggered hours                        YesOther                                           No

Interested?

Are you interested?   Please apply via the button below.For more information please contact Niki Champion, Senior Resourcing Partner, UKrecruitment@uk.abnamro.com, +44 203 192 9342.