Complinet | Recruitment | Jobhttp://www.complinet.com/recruitmentjobs/job/details/id/11799To attract a senior ops or Compliance specialist | Location: City of London | Sector: Securities & Wholesale BankingInvestment Banking/Stockbroking | Published: April 29th 2010 | <p> </p> <p>Due to the significant rise in attention given by the FSA, this mid-sized global investment bank is seeking a senior compliance officer or Operations Control specialist to be the key Regulatory/Compliance Advisor on the following areas:</p> <ul> <li>- FSA's transaction reporting requirements</li> <li>- FSA's detailed rules on Client Money, Custody and Collateral</li> <li>- FSA's rules on reporting to customers (trade confirmations, periodic statements)</li> <li>- FSA outsourcing requirements</li> <li>- Payment Services Regulations</li> <li>- Wire Transfer Regulations.</li> </ul> <p> </p> <p>You're likely to be currently working in either an Operations Control position or as a Compliance officer with experience of advising the back office on their regulatory obligations. This is a senior role, reporting into both Compliance and Operations therefore, your ability to demonstrate strong regulatory knowledge, strong understanding of Operations and possess excellent business facing skills is a must.</p> <p> </p> <p>Responsibilities:</p> <ul> <li>Provide day to day compliance support, advice and guidance to the London</li> </ul> <p>Operations team on law and regulation applicable to the bank's operational activities.</p> <ul> <li>Maintain Compliance Guidance Manual for Operations and other written guidance as appropriate. </li> </ul> <ul> <li>Provide regular face to face compliance training to Operations staff.</li> </ul> <ul> <li>Act as primary contact point for External Audit on operational compliance matters (including annual Client Assets report to FSA).</li> <li>Act as primary contact point for Internal Audit and Compliance Monitoring team on operational compliance matters and ensure all operational compliance issues identified in Internal Audit or Compliance Monitoring reviews are addressed on a timely basis.</li> <li>With Compliance Regulatory Developments team, identify and analyse new regulations relevant to Operations team activities (e.g. Single Customer View) and work with Operations Management to ensure appropriate procedures and controls are implemented to address these.</li> </ul> <p> </p> <p>Your knowledge should include:</p> <ul> <li>Detailed knowledge of UK FSA regulatory requirements, particularly as regards operational compliance matters</li> <li>Able to apply experience and mature and balanced judgement to Operations-related compliance issues, in order to mitigate compliance risk appropriately whilst facilitating business where possible.</li> <li>Able to apply sound analytical skills to complex transactions or situations.</li> <li>In particular able to "sell" compliance vision to senior Operations and Business Managers.</li> </ul> <p>To discuss further or apply, please send your CV to mark@holmessearch.co.uk. Job Ref: COMPOP12. Telephone: 01732 746683</p>