Job Description

Purpose of the role:

C. Hoare & Co. is a strong and stable bank, which has grown progressively and safely throughout its many years of existence. There is a keen desire to ensure that this continues, and that the bank navigates its way effectively through the complexity of the regulatory environment.


This role exists to ensure that the bank is fully aware of all new financial services legislation and regulation issued by the regulators, and to provide compliance advice and training to relevant teams across the bank.


The role sits within the Compliance Team, operating in the 2nd Line of Defence Risk & Compliance department within the bank's overall 3 Lines of Defence Model. The role reports to the Senior Compliance Advisory Officer.

The value you will add to our customers:

The Board and the Management Team want to ensure that the bank is operating safely and is not running unexpected regulatory risks. This role adds value by:

Providing clear visibility and analysis of upcoming legal and regulatory change to those key stakeholders, thereby allowing effective strategic planning to take place. Tracking and supporting regulatory change through to implementation. Providing advisory support to business owners on the application and interpretation of requirements within the FCA Handbook and the PRA Rulebook.

Providing assurance to Senior Management, the Board, and regulators on the effectiveness of the bank's compliance arrangements.

Role Responsibilities:

This role reports directly to the Head of Compliance. The principal duty of this role is to support the Senior Advisory Compliance Officer and the Head of Compliance to monitor the regulatory landscape and horizon, to ensure that new and evolving regulation is adequately identified and appropriately disseminated; and to provide advisory services to the 1st Line business. Key responsibilities of the role are:

Horizon Scanning

Monitor the regulatory horizon for impacts on all aspects of the bank's business, providing timely assessments of the potential impact on the bank's operations. Track, record and disseminate PRA and FCA publications, and assist, where appropriate with responses to consultations (via UK Finance). Maintain and update the library of regulatory developments, and provide consistent, practical and appropriate reports to the Senior Management and relevant governance committees.

Compliance Advisory

Support the Compliance Team to provide advisory services to the business on the application and interpretation of regulations and the management of regulatory risk. Support the Compliance Team with regulatory engagement matters, including preparation of materials for regulatory visits, returns, notifications, and responses to consultations and ad-hoc requests. Review customer communications and other marketing materials, ensuring regulatory considerations are adequately addressed. Support the development of compliance related policies and procedures and provide training and communications to staff to ensure their awareness and understanding of new / changed requirements. Perform various general administrative duties (such as template creation and maintenance of relevant compliance records).

Support the members of the Compliance team and the Head of Compliance with routine matters as they arise.

Compliance Monitoring

Support the Compliance Monitoring Manager to plan and conduct monitoring reviews in line with the annual Compliance Monitoring plan. This includes the ability to lead and/or participate as part of a team in the delivery of periodic and thematic reviews. Develop and maintain effective business relationships and partnerships with areas subject to review, to ensure mutual understanding of review scope, procedure and reporting approach. Keep abreast of regulatory developments to ensure test scripts reflect the current regulatory requirements. Review processes and controls to ensure effectiveness and efficiency, making suggestions for improvement where appropriate. Maintain accurate records and documentation of compliance monitoring activities, including test results, actions taken, and follow-up activities.

Prepare and present compliance reports for senior management, outlining findings, recommendations, and remedial actions.

Requirements

What you will bring to the role:

This role requires engagement across a wide range of stakeholders from different teams across the bank. The successful applicant will be able to demonstrate:

the ability to analyse and interpret information and data critical problem-solving skills as you'll often have to make decisions based on information which may be open to interpretation strong written, verbal and presentation skills to communicate technical information to non-technical audiences negotiation and influencing skills interpersonal skills and the ability to build and develop relationships project management skills to work on several projects at a time a collaborative approach to work attention to detail as you might be examining laws and regulations and checking compliance time management skills the ability to work under pressure and meet deadlines an interest in compliance, which can involve delving in to granular levels of detail.

Necessary experience or qualifications:

Knowledge of FCA and PRA regulations, with a focus on banking, mortgages and payment services regulations. Experience of effective communication with all levels of stakeholder. Relevant industry qualification is preferable. Prior experience in legal or compliance function, preferably in a banking or private banking environment.

Benefits

25 DAYS OF HOLIDAY (Work Level 1 - Associate) MARKET-LEADING PENSION GROUP LIFE ASSURANCE GROUP INCOME PROTECTION SEASON TICKET LOANS PRIVATE MEDICAL INSURANCE SUBSIDISED STAFF DINING ROOM CHARITABLE DONATIONS/ GIVE AS YOU EARN EYE CARE FLEXIBLE BENEFITS ADDITIONAL ANNUAL LEAVE COMPUTER PRODUCTS CHARITY DAYS CRITICAL ILLNESS AND CRITICAL ILLNESS SPOUSE/PARTNER CYCLE TO WORK DENTAL INSURANCE PERSONAL ACCIDENT INSURANCE TRAVEL INSURANCE VEHICLE BREAKDOWN COVER ELDERCARE WORKPLACE NURSERY SCHEME
ELECTRIC VEHICLE SCHEME

Supporting Your Recruitment Experience

If you have a disability, health condition or are neuro-diverse and may benefit from some adjustments and support during the recruitment experience, then just ask - we don't want our hiring process to be a barrier for you.


Finally, please note that no candidate will meet every single desired requirement. If your experience looks a little different from what we have identified and you think you can bring value to the role, we would love to hear more about you!