We are currently assisting an international institutional bank with the search of a new senior compliance officer to join their growing team. In this role, you will be responsible in second line of defense within the risk management framework. This role also serves as the Deputy Compliance Officer, assisting the Management Board to ensure adherence to local compliance requirements.
Responsibilities:
* Support the Compliance Officer and Management Board in ensuring compliance with regulatory obligations and internal policies.
* Develop, draft, and implement essential compliance policies, procedures, systems, and controls.
* Stay informed about regulatory updates and provide guidance to relevant stakeholders.
* Conduct monitoring and testing to ensure adherence to policies and procedures.
* Address regulatory inquiries, investigations, and compliance breaches.
* Assess compliance performance to identify areas for improvement.
* Prepare annual reports and management updates on compliance-related matters.
* Supervise the complaints process and utilize complaints for monitoring purposes.
* Keep up to date with regulatory changes to ensure ongoing compliance.
Qualifications:
* Minimum of 5 years of experience in a similar legal or compliance role with a solid understanding of the German and EU regulations.
* Fluency in German and excellent proficiency in English.
* Strong communication skills for engaging with internal and external stakeholders.
* Sound judgment and decision-making abilities aligned with business and compliance objectives.