Assistant Vice President- Regulatory Compliance

Job Description

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President- Regulatory Compliance Principal responsibilities Help the UK ring-fenced bank maintain alignment to Global policies and processes for regulatory engagement, which seek to ensure an effective relationship with all of the bank s regulators. Support the Head of HBUK Regulatory Engagement in their responsibility to ensure that material regulatory engagement and trends (i.e. Regulators activity, attention, enforcement etc.) in respect of the Wealth and private bank , CMB ( Commercial Banking) & Treasury, DBS ( Digital banking services) and the Global Functions regulated businesses are recorded in the format specified by the Global FIM and the local DIM, monitored, understood and, where necessary, adapted to. Support the HBUK Regulatory Engagement Senior Managers and the Head of HBUK Regulatory Engagement in their overall engagement with the UK s lead regulators, PRA( Prudential regulation authority) and FCA( Financial Conduct authority) , including input to preparation of Briefing Notes, attendance at meetings and production of meeting notes as and when required. Support the Head of HBUK Regulatory Engagement in their engagement on Compliance-related matters with the UK regulators from a UK ring-fenced bank perspective, working with relevant Compliance colleagues and UK management in WPB, CMB, DBS and the Global Functions. Support the Head of HBUK Regulatory Engagement in their monitoring of regulatory engagement trends for the FCA and PRA and other UK regulators in respect of the UK regulated businesses of Wealth and private bank , CMB ( Commercial Banking) & Treasury, DBS ( Digital banking services) and the Global Functions, reporting and guidance as appropriate. Support the Head of HBUK Regulatory Engagement in discharging their relevant accountabilities as set out in the Group Standards Manual and Compliance. Support the Head of HBUK Regulatory Engagement in their responsibility to identify, escalate and report on, material issues arising in the UK ring-fenced bank s regulatory relationship with the FCA( Financial Conduct authority) ,PRA( Prudential regulation authority) and other regulators as required, including within Compliance and to relevant management. Provide wider support and work collaboratively with all members of Compliance and act as SME on all questions and issues arising relating to the UK ring-fenced bank s engagement with relevant regulators. Support the HBUK Head of Regulatory Engagement in their responsibility to ensure appropriate reporting of regulatory engagement with the UK ring-fenced bank s material regulators occurs at all levels, to allow an overall view of the ring-fenced bank s exposures to its material regulators to be managed appropriately. Requirements Masters / Bachelors degree with experience in finance, commerce, business, banking, legal or equivalent (ICA Specialized, FRM, ACAMS or equivalent preferred) Proven experience in a Banking/Financial Service domain with expertise within Compliance and Risk 5+ relevant years experience in Regulatory compliance Broad knowledge of UK financial services regulators, regulations, and compliance risks is expected Experience of interacting with UK regulators would be an advantage Excellent stakeholder management, communication and influencing skills; with focus on conduct and integrity Lateral thinker, with ability to manage change and analytical ability to recognize areas of improvement and drive projects Assurance/Legal expertise, interactions with regulators