UK Compliance is an independent function responsible for providing specialist advice and support to UK Senior Management, business lines and functions in adhering to internal controls and external rules and managing compliance risks.

The function typically acts as a second line of defence covering areas including controls, assurance, monitoring, professional ethics, training and competence, whistleblowing, money laundering, market abuse, financial security and regulatory liaison.

The Private Side, Control Room, Functions and Securities Services team provides compliance support in the UK to the Private Side businesses, Functions Advisory, Control Room and Securities Service advisory. Private side activities cover Global Banking, Capital Markets and FIC.

The support includes:

• Providing compliance advice to the business lines and functions
• Compliance support to the business lines and functions in alignment with the business compliance strategy
• Assisting the business lines and functions in their adherence to applicable laws and regulations
• Interpreting and advising the relevant businesses and functions in adherence to applicable laws, regulations and standards
• Providing training to business and function staff on relevant laws, regulations and standards
• Supporting investigation of suspected breaches of laws, regulations and standards

Job purpose

To proactively support the management of deliverables of the Control Room. This ensures that the CIB UK business has controls to manage the flow of Material Non-Public Information and its various product lines and businesses. The goal is to identify, manage, and escalate conflicts of interest to protect and enhance the reputation of the firm with its clients and regulators.

Key responsibilities

• Assist in the general management of Control Room tasks. This includes supervising deliverables and acting as an escalation point for less experienced team members.
• Manage and control the Watch, Grey and Restricted Lists and the identification and resolution of potential conflicts of interest.
• As a subject matter expert, support the relevant business and functions areas in implementing key control room related policies and procedures for the territory.
• Assist in ensuring the firm meet its regulatory requirements in relation to disclosures to the Takeover Panel, FCA and other regulators.
• Review and approve research reports versus the Grey/Watch and Restricted Lists to ensure potential conflict of interest is cleared.
• Identify solutions for business or compliance issues, including complex and atypical problem solving.
• Manage medium size projects, and contribute to strategic projects, influencing new initiatives and proactively delivering procedure improvements.
• Lead on training of junior staff
• Makes innovative recommendations to drive improvement to the monitoring plan of the key activities of the Control Room.
• Identify opportunities to improve the effectiveness of the Control Room.
• Contribute to committees by representing the UK Compliance function, or Compliance.
• Contribute to the delivery of training.

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