VP Cash Equities - Compliance Advisory

The team provides support to the Head of UK Global Markets Compliance (Equities) in ensuring the Cash Equities businesses understanding of external regulations and internal policies is kept current through the provision of high quality advice based upon current regulatory requirements, market practice or internal policies and procedures as they apply to the business. The team act as the primary Compliance adviser to the Global Markets Cash Equities business. In partnership with the business and other risk functions they design and implement controls to protect the bank from those risks (prevention).

Role Overview

• To independently monitor the banks compliance with relevant laws and regulations, internal risk policies and the bank regulatory appetite (Monitoring and Detection).
• Reporting matters that warrant attention on the effectiveness of the controls in the management of the bank's exposure to those risks (Reporting).
• To resolve compliance difficulties as they occur (resolution).
• To advise and provide mentorship including training on the interpretation of regulations the delivery of operations in alignment with the banks risk appetite (advisory).
• Support the Cash Equities business in the execution of its activities in a regulatory complaint manner and in observance of the external regulatory requirements and internal policies, etc.
• Provide and develop a robust and effective 2nd line of defense through effective challenge and act as a guardian of the banks.
• You will have responsibility for regulatory, ethical conduct and reputation and raise matters appropriately to the proper level of seniority.
• Act as dedicated emissary of conduct risk promoting the values of the bank and raising appropriate challenge or taking positive action where there is evidence or solid likelihood of customer detriment or impact to market integrity arising from the conduct of the bank or its employees.
• Provide assistance with Compliance Surveillance escalations (including sign off) and reporting of suspicious transactions and orders for the area of product coverage responsibility.
• Participate in the Compliance Annual Risk Assessments for the Cash Equities business.
• Show experience acting in an advisory capacity dealing with front line sales and trading staff.
• Delivery of Compliance face to face training to all members of the Cash Equities front office.
• Carry out 2LOD monitoring functions such as Best Execution and Volcker monitoring.