Compliance Manager- Transaction Banking - London

My client, a leading UK Banking organisation is looking to hire a COMPLIANCE MANAGER to work with their TRANSACTION BANKING division.

The ideal candidate for the role will;

- Possess a detailed understanding of Transaction Banking products and services, the regulatory expectations relating to them, and the ability to work closely with the business unit to provide commercially sensitive solutions to regulatory issues (including in relation to the Payment Services Regulations, the Banking Conduct of Business Sourcebook, and the FSA's expectations regarding - in particular in relation to customer treatment.
- Be expected to provide the link into the core 'central' compliance teams (including Monitoring, Training, and Regulatory Developments) as well as sister teams in the wider Risk Division (including Financial Crime).
- Develop and maintain an understanding of Transaction Banking, and its development plans (including the Transaction Banking Transformation programme).
- Ensure that they are aware of all regulatory requirements and developments applying to Transaction Banking products and services.
- Ensure that regular Conflict Mapping and Compliance Risk assessments are undertaken, and agreed with the business units - and to ensure that action plans are agreed to manage the risks identified appropriately.

Cash Management, Transaction Banking, Compliance, FSA, Merchant Services, Payments