Compliance Officer, Private Bank Regulatory Compliance Advisory

Job description

The Compliance Officer, Private Bank Regulatory Compliance Advisory role is based within the Private Bank UK in Global Functions of Risk.

The role of the Compliance Officer, Private Bank Regulatory Compliance Advisory is to provide pro-active Compliance support to the Front Office of the UK Private Bank and ensure the provision of quality, timely and accurate guidance on established internal guidelines and external regulations. The purpose of the role is also to ensure that Private Banking Great Britain (PBGB) develops and maintains the highest compliance standards by following both the letter and the spirit of the relevant regulatory requirements, Group Standards Manual, Profit Before Tax (PBT) Functional Instruction Manual (FIM) and Compliance Officers Handbook and ongoing review of existing systems and controls within the Front Office to ensure that they remain fit for purpose.
The Private Bank operates in a highly regulated environment. The candidate will work as a risk steward to ensure that PBGB develops and maintains the highest compliance and conduct standards.

Your responsibilities will include:
· Serving as a main point of contact for the Business in relation to compliance matters pertaining to established internal guidelines and external regulations, this will include Cross Border and Personal Account Dealing
· Reviewing and providing feedback on Complaints and Breaches
· Developing and delivering compliance training as appropriate
· Maintaining awareness of regulatory changes affecting Private Bank and assist the Compliance Managing the assessment of the impact on relevant business activities.
· Assisting in the development of appropriate responses and ensuring appropriate controls are in place
· Assist in keeping Management informed of regulatory changes
· Developing, monitoring and preparing Management Information

Desired profile

The ideal candidate for this role will have:
· Relevant product knowledge including knowledge of Financial Products
· Experience working in relevant environment/s, i.e. Financial Services
· Experience working in relevant market/context, i.e. Regulatory Compliance
· Experience of using relevant software packages, i.e. Microsoft Office Word, Excel and PowerPoint
· Relevant product knowledge including knowledge of Financial Conduct Authority (FCA) Handbook / UK Regulatory Landscape is desirable but not essential
· A flexible and adaptable approach to change and will support others to respond in a similar way
· Proven experience of motivating others to deliver exceptional performance and long terms results
· Both spoken and written communication skills with experience of adapting your style and approach to the audience and message to be delivered
· Productive contribution to team objectives, sometimes supporting and sometimes leading activities to achieve shared goals
· Experience of creating and deploying comprehensive business/operating plans which consistently deliver desired results
· Experience in promoting and leading best practice in risk and compliance management in a similar organisation

In addition to the details listed above, the ideal candidate will develop and maintain a collaborative working relationship with relevant Compliance and Business stakeholders whilst ensuring independence of the Compliance function.

The base location for this role is 8 Canada Square London.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.

Key search words: Compliance, Regulatory, Private Banking, Risk, Regulatory Compliance, Compliance Officer