Business Analyst - Financial Crime/Change/TOM/Banking

1 Year Contract

Based in London, 3 Days a week on site, 2 Days Remote

Day rate up to £600 Inside IR35, VIA Umbrella

• Revise current targeting operating model and mandate within compliance

• Extensive TOM experience, ideally within compliance

• Change/transformation experience

• E2E processes within Compliance

Role Overview

• Activate engagement with key stakeholders within compliance -understand current controls and agree new TOM for future state

• CPD which encompasses the Compliance and Financial Crime Groups is one of the key functions in ensuring the bank is compliant in meeting regulatory expectations in adhering to applicable laws, rules and regulations which apply our clients activities across EMEA.

• CPD's role is to implement systems and controls across the Group entities within EMEA which manage, mitigate and limit the risk of regulatory censure for the entities and employees whilst ensuring positive outcomes for its customers and markets. CPD plays an important role in embedding a compliance culture in the firms' day-to-day activities

• To support the Bank's sustainable growth strategic approach, particularly in relation to new regulatory direction and new product development to achieve positive customer outcomes and proactive regulatory engagement, this new role has been created to support the drive for an enhancement in compliance processes, efficiency, and effectiveness.

• The Compliance Transformation AVP has a key role in completion of multiple deliverables within Compliance Transformation Initiative which has the objective of transforming the existing Compliance (CPD) department into an EMEA wide regional CPD department with common policies, process, systems etc across EMEA which recognise local requirements, including end to end process review of compliance controls and processes, documentation of key roles and responsibilities and assessment of control design framework with regards to regulatory requirements and bank risk appetite.

• This is an exciting opportunity within a newly established Compliance Solutions and Technology Strategy Team part of CPD. The team oversees delivery of the CPD Transformation initiative activities including process automation, key regulatory changes, oversight of the frameworks that enable understanding of regulatory obligations, mitigation of regulatory risks and compliance with applicable regulations.

Accountabilities & Responsibilities

• Work as a Business Analyst with CPD SMEs, IT and other key stakeholders to define and document business requirements, functional specifications, and operating procedures necessary for the successful implementation of CPD IT initiatives.

• Responsible for end-to-end process review of key compliance controls and process including documentation of process maps and traceability to key legislations and regulatory guidelines.

• Assist in completion and tracking of key deliverables within Compliance Transformation Delivery plan

• Support in the development and enhancement of CPD governance and CPD Reporting (including Management Information reporting)

• Conduct comprehensive analysis of current CPD processes and workflows to identify areas for improvement and optimisation.

• Leading CPD Transformation initiative

• Working Groups meetings to support transformation deliverables and maintaining efficient and appropriate governance to enable successful outcomes.

• Support Compliance Solutions and Technology Strategy Team in the delivery of key CPD Technology Solutions

• Monitor and track closure activities to address CPD internal and external compliance findings.

• Create and/or support the creation of minutes of key meetings in the department

Knowledge, Skills, Experience & Qualifications

• Educated to degree level (with a relevant degree) and a professional qualification(s) in financial crime.

• Good verbal and written communication skills (essential);

• Ability to work independently with a team spirit and proactive mind-set (essential);

• Articulate and able to apply new skills effectively (essential);

• Able to multi-task and prioritise multiple projects (essential);

• Able to build relationships and rapport with stakeholders (essential);

• Good command of the Excel, Word, PowerPoint, Visio and other Microsoft Office products (essential);

• Experience in an international banking environment (preferred);

• Experience in process change, project management or reporting (preferred);

• Business Analyst Experience in Business Transformation and Target Operating Model Implementation

• Good understanding of the applicable laws and regulation to banking and securities industry in UK as well as EMEA (preferred); and Understanding of the products and services offered by an integrated universal bank (markets and banking products)

Due to high demand we are only able to respond to applications that meet the required criteria