Senior Compliance Monitoring Officer - Treasury - London

Senior Compliance Monitoring Officer - Treasury - London

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company.

We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices. We are now looking for a Senior Compliance Monitoring Officer - Treasury to join the team. The purpose of this role is to provide second line of defence (2LoD) regulatory compliance oversight over 1LoD (first line of defence) / business teams, with a focus on the 1LoD Treasury function, so that they meet their regulatory obligations and effectively manage their regulatory compliance and conduct related risks.

Key Responsibilities

1. Conduct Oversight reviews as part of a high performing Conduct & Compliance Oversight team, focusing on the Treasury function.
2. Ensure timely and accurate delivery of regulatory compliance and conduct related Oversight reviews and provide independent challenge to Starling Bank’s first line of defence (1LoD) / business teams.
3. Conduct thematic monitoring reviews in line with the Compliance’s Monitoring Plan (CMP).
4. Write up findings related to oversight reviews clearly and accurately.
5. Ensure actions are tracked in the Bank’s risk system and adequately reported to the relevant committees.
6. Build strong relationships with 1LoD to foster a collaborative working environment between Compliance and the business.
7. Support with the production of Compliance’s monthly reporting pack.
8. Support with the development / implementation of requisite conduct risk and compliance frameworks and policies.
9. Assist team members with the completion and delivery of compliance reviews and findings.

Requirements

1. Deep working knowledge of relevant laws, regulations, and industry best practices related to compliance, particularly those related to a Treasury function - MiFiD, Reporting (EMIR, SFTR etc.), Market Abuse, Securitisation, CSDR, wholesale conduct etc.
2. Excellent communication (written and verbal), relationship building and influencing skills, with the ability to communicate effectively to a variety of audiences, including senior management and committees.
3. Proven analytical skills and problem solving skills, with the ability to understand and interpret business knowledge.
4. Detailed knowledge and experience of identifying key Conduct and Compliance risks.
5. Sound judgement and decision making, planning and prioritisation skills, with the ability to see things through to resolution.
6. Proactive ownership and oversight of emerging and existing compliance and conduct issues and risks.
7. Curious and inquisitive approach to work, proactively questioning the status quo.
8. Resilience and willingness to have difficult conversations.
9. Willingness to share knowledge with the team and collaborate across all product lines.

Benefits

1. 25 days holiday (plus take your public holiday allowance whenever works best for you).
2. An extra day’s holiday for your birthday.
3. Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off.
4. 16 hours paid volunteering time a year.
5. Salary sacrifice, company enhanced pension scheme.
6. Life insurance at 4x your salary & group income protection.
7. Private Medical Insurance with VitalityHealth including mental health support and cancer care.
8. Partner benefits include discounts with Waitrose, Mr & Mrs Smith and Peloton.
9. Generous family-friendly policies.
10. Incentives refer a friend scheme.
11. Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks.
12. Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing.

About Us: You may be put off applying for a role because you don’t tick every box. Forget that! While we can’t accommodate every flexible working request, we’re always open to discussion.

So, if you’re excited about working with us, but aren’t sure if you’re 100% there yet, get in touch anyway. We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace.

Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.