Compliance officer

We are inviting applications for compliance officer position for an international bank based in city London . This is a 6 months contract to start immediately. Key Responsibilities: Performing Compliance Risk Assessments Second line oversight of the Bank #39;s compliance with the applicable law, regulations and internal policies Developing and implementing a Compliance Monitoring Programme (CMP) Performing second line oversight reviews in line with the CMP Issuing Compliance Review reports to the respective SMFs, HoDs and BMs Reporting the key findings from Compliance Reviews to the relevant governance committees Tracking and follow up of implementation of the recommended actions as per the Compliance Reviews Assisting the Chief Compliance Officer (CCO) and the Compliance Managers (CMs) for managing the regulatory communications Maintaining a tracker of regulatory communications Assisting the Compliance Managers (CMs) for developing and updating the Regulatory Mapping and Horizon Scanning trackers Advising and supporting the business and support functions on Compliance matters including legal and regulatory obligations Performing administrative tasks related to the Compliance departments Responding to the Internal and External auditors on Compliance matters Updating and reporting of Compliance breaches Developing, reviewing and updating the policies, procedures, and other governance documents of Compliance function Second line review of policies and procedures pertaining to business and support functions Compile monthly/quarterly/annual MI to Parent Office based on Mis submitted by Branches/Departments (manual and through online systems of Bank) Follow up with business and support functions for submission of MI and other information. Assist in preparing background papers and MI for management committee board committee meetings Assist the DPO in development, implementation and review of the Data Protection framework SMCR governance and oversightAny other projects and tasks related to Compliance matters delegated by the CCO or CMs Individual Conduct Rules Rule 1: You must act with integrity Rule 2: You must act with due skill, care and diligence Rule 3: You must be open and cooperative with the FCA, the PRA and other regulators Rule 4: You must pay due regard to the interests of customers and treat them fairly Rule 5: You must observe proper standards of market conduct Rule 6: You must act to deliver good outcomes for retail customers Skills / Competencies required: Understanding of compliance risks across the business Industry experience to understand how Compliance regulations apply to financial institutions Awareness of the risks and responsibilities involved Knowledge of Regulatory Framework applicable to both the UK entities of the bank Knowledge of monitoring regulatory developments that may impact the bank